NATIONAL ALUMINIUM COMPANY LTD.
See and read the forum
clients remarks on NALCO on 31/3/2019. US
China trade talk very positive statement is come out from both countries..
Final & positive result will come next week.. Next meeting date 3rd april...
In this very positive note Monday ll show all metal sector. Minimum 10-12%
upside in hindalco within 2-3days.massive upside is
pending in metal stock. Hold long & buy for great returns.
Following the optimism of US-China talks, metal counters have
shown some handsome gains with Nifty Metal jumping over 2 percent led by gains
from Jindal Steel & Power which jumped close to 10 percent after
spurt in volume by more than 2.87 times. This was followed by Hindalco
Industries, JSW Steel, NALCO, SAIL and Tata Steel.
NALCO keen on Jerrela block of bauxite mines. The two mines
are estimated to have 70 to 80 million tonne of reserves. NALCO Chairman and
Mag Director T.K. Chand told The Hindu that they had requested the Centre to
allot them Jerrela block. The block has huge
reserves of high-grade bauxite ore. The company is all set to increase its net
profit to the level of ₹1,700 crore during current financial year ending on
March 31. During the next two years, its business plan speaks of taking the
level of net profit to more than ₹2,000 crore
Following the optimism of US-China talks, metal counters have shown some handsome gains with Nifty Metal jumping over 2 percent led by gains from Jindal Steel & Power which jumped close to 10 percent after spurt in volume by more than 2.87 times. This was followed by Hindalco Industries, JSW Steel, NALCO, SAIL and Tata Steel. The S&P BSE Metal also added couple of precent led by JSPL, SAIL, NALCO, NMDC, Vedanta, Tata Steel, JSW Steel, Hindalco and Hindustan Zinc.
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