News

Calendar

May-2013
M T W T F S S
20 21 22 23 24 25 26
Economic Events
list Balance (YTD) (New Zealand dollars)
list Cap Goods Orders Nondef Ex Air
Results
list Britannia Inds. | Crompton Greaves | M R P L | Jet Airways
IPO
list Issue Opening : India Finsec
 

Nalco drops after weak Q4 earnings

Capital Market/ 09:29 , May 22, 2012

National Aluminium Company fell 1.32% to Rs 60 at 9:28 IST on BSE after net profit fell 7.6% to Rs 282.10 crore on 1.9% decline in net sales to Rs 1753.41 crore in Q4 March 2012 over Q4 March 2011.

The company announced the results after market hours on Monday, 21 May 2012.

Meanwhile, the BSE Sensex was up 145.81 points or 0.9% to 16,329.07.

On BSE, 39,000 shares were traded in the counter as against average daily volume of 40,000 shares in the past two weeks.

The stock hit a high of Rs 62.95 and a low of Rs 58.90 so far during the day.

National Aluminium Company's (Nalco) net profit fell 20.6% to Rs 849.50 crore on 9.1% growth in net sales to Rs 6500.27 crore in the year ended 31 March 2012 over the year ended 31 March 2011.

Nalco's board of directors at a meeting held on Monday, 21 May 2012, recommended a final dividend of Re 0.10 per share for the year ended 31 March 2012.

State-run Nalco is an integrated aluminium maker, with its activities encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations.

 



Rate This Article Rate 1 Rate 2 Rate 3 Rate 4 Rate 5

Recent News Videos