NALCO Share Price Target 2022, 2023, 2024, 2025, 2030: National Aluminum Company Limited (NALCO) is a Navratna CPSE under the Ministry of Mines. It was established in 1981 and is headquartered in Bhubaneswar. The company is a Group ‘A’ CPSE which has integrated and diversified operations in mining, metals and energy. NALCO is one of the largest integrated Bauxite-Alumina-Aluminum-Power Complex in the country.
So in this article we try to give NALCO Share a new path through technical and fundamental analysis.
NALCO Share Price Target 2022
NALCO has been awarded the lowest cost producer of bauxite and alumina in the world for 2019 according to the latest Wood Mackenzie report. With its consistent track record in capacity utilization, technology absorption, quality assurance, export performance and profit reporting, NALCO is a shining example of Indian industrial capacity. NALCO is the first public sector company in the country to venture into the international market on a large scale with a listing on the London Metal Exchange (LME) since May 1989.
The target price of the two target shares in NALCO was achieved by 2022. The target price of the first share of NALCO was valued at Rs 90. And the second target price of NALCO can be found around Rs 94.
| Year | NALCO Share Price Target 2022 |
|---|---|
| First Target 2022 | Rs 90 |
| Second Target 2022 | Rs 94 |
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NALCO Share Price Target 2023
National Aluminum Company (NALCO) is playing a key role in empowering Micro and Small Enterprises (MSE) by providing a modern and innovative platform ‘NALCO Micro And Small Enterprise Yogayog Application’ (NAMASYA), a developed bilingual application. exclusively for the benefit of the Company’s MSE dealers. The NAMASYA app provides a platform to highlight the company’s MSE development efforts. The app empowers MSEs with required information on the vendor registration process, items they can supply, technical specifications, vendor development and NALCO training programs.
The target number for NALCO stock could enter around 2023. NALCO’s target price by 2023 is estimated at Rs 105. And the second target price of NALCO was able to cover around Rs 115.
| Year | NALCO Share Price Target 2023 |
|---|---|
| First Target 2023 | Rs 105 |
| Second Target 2023 | Rs 115 |
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NALCO Share Price Target 2024
National Aluminum Company (NALCO) has been awarded the mining lease of the Utkal-E coal block. The lease was granted by the Ministry of Steel and Mines, Government of Odisha, through a notification issued on 12 April. According to the notification, the mining lease of the Utkal-E coal block is 523.73 ha in Bandi Chhod villages. Gopinathpur Jungle, Kendujhar Jungle, Kosala & Korada under Chhendipada Tehsil of Angul District. The initial capacity of the Utkal-E coal block is 2 million tonnes per annum with a total recoverable reserve of approx. 70 million tons.
At this time, we try to predict the price of the two stocks that NALCO will acquire in 2024. The initial target price of NALCO is estimated at Rs 130. And the second target price of NALCO is estimated at Rs 140.
| Year | NALCO Share Price Target 2024 |
|---|---|
| First Target 2024 | Rs 130 |
| Second Target 2024 | Rs 140 |
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NALCO Share Price Target 2025
National Aluminum Company (NALCO) plans to invest around Rs 30,000 crore in its expansion and diversification over the next 7-8 years. Of the proposed investment, Rs 22,000 crore will be spent on expansion of smelters and proprietary power plant (CPP), which also includes expansion of the company’s smelter plant in Odisha’s Angul district with construction of a 1400 MW CPP feeder.
In addition, the company will spend over Rs 7,000 crore on Stream 5 Refinery, Pottangi Bauxite Mines, South Block Bauxite Transport System and Utkal D & E Coal Mines. The company’s growth plans will contribute significantly to the government’s vision of self-sufficiency in terms of production and consumption of alumina and aluminum in the ground.
Here we are trying to analyze the price of two NALCO target stocks that can be acquired till 2025. The actual target price of NALCO has been valued at Rs 155. And the second NALCO stock price target till 2025 is around Rs 170.
| Year | NALCO Share Price Target 2025 |
|---|---|
| First Target 2025 | Rs 155 |
| Second Target 2025 | Rs 170 |
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NALCO Share Price Target 2030
Utkarsha Aluminum Dhatu Nigam, a joint venture (JV) between National Aluminum Company (Nalco) and Mishra Dhatu Nigam (Midhani), plans to hire a consultant for environmental clearance for its proposed high-end aluminum alloy plant at Nellore in Andhra Pradesh. The contractor or consulting agency will need to obtain environmental clearances including preparing or conducting Environmental Impact Assessment studies, preparing an environmental management plan for the project site and other studies. The environmental consultant will fulfill the statutory requirement and help UANL obtain environmental clearance for the Nellore project from the relevant authorities.
NALCO’s target price for these two stocks could be set by the end of 2030. NALCO’s initial target price will be able to achieve a profit of Rs 300 in FY 2030. NALCO’s second target price at the end of this decade is close to Rs 340.
| Year | NALCO Share Price Target 2030 |
|---|---|
| First Target 2030 | Rs 300 |
| Second Target 2030 | Rs 340 |
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Future Prospectus of NALCO Share
- Utkarsha Aluminum Dhatu Nigam, a joint venture (JV) between National Aluminum Company (Nalco) and Mishra Dhatu Nigam (Midhani), plans to hire a consultant for environmental clearance for its proposed high-end aluminum alloy plant at Nellore in Andhra Pradesh.
- National Aluminum Company (NALCO) plans to invest around Rs 30,000 crore in its expansion and diversification over the next 7-8 years.
- National Aluminum Company (NALCO) is playing a key role in empowering Micro and Small Enterprises (MSE) by providing a modern and innovative platform ‘NALCO Micro And Small Enterprise Yogayog Application’ (NAMASYA), a developed bilingual application.
NALCO Share Price Target 2022, 2023, 2024, 2025, 2030 Table
| Year | NALCO Share Price Target |
|---|---|
| First Target 2022 | Rs 90 |
| Second Target 2022 | Rs 94 |
| First Target 2023 | Rs 105 |
| Second Target 2023 | Rs 115 |
| First Target 2024 | Rs 130 |
| Second Target 2024 | Rs 140 |
| First Target 2025 | Rs 155 |
| Second Target 2025 | Rs 170 |
| First Target 2030 | Rs 300 |
| Second Target 2030 | Rs 340 |
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Risk of NALCO Share
- NALCO needs more funding to realize its full potential across the industry or NALCO is able to bring benefits or returns to its investors in the coming years.
- NALCO has a huge debt to the company which needs to be reduced in the coming years or else they will borrow all the sales or annual income to pay off their debts.
Expert Views on NALCO Share
After analyzing all the factors, we can say that it is the best time to invest in NALCO that will offer the best value for years to come.
F.A.Q. NALCO Share Price Target
– Where is the headquarters of NALCO?
The Headquarters of NALCO in Bhubaneswar.
– Who is the MD of NALCO?
Dr. T.K. Chand is the MD of NALCO.
– In which business NALCO is involved?
NALCO has the largest integrated alumina-aluminum complex of Asia. Its integrated operations cover the entire aluminum production value chain.
I hope that after reading the article NALCO Share Price Target 2022, 2023, 2024, 2025, 2030 you must have got a good idea what kind of performance can be seen in the growth of the Company. If you still have any question related to this article in your mind, then do not forget to tell in the comment at all. Stay tuned to Market in India for important information about this type of stock in the stock market.
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