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The Economic Times

NALCO among 86 stocks set to trade ex-dividend from tomorrow. Do you own any?

National Aluminium Company and 86 other firms are in focus today as they set September 20 as the record date for dividend eligibility. Today is the last opportunity to purchase shares of these companies to qualify for the announced dividends, which are paid to shareholders listed in the company's records on the record date.

Mint

Top Stock Recommendations: Sagar Doshi of Nuvama recommends Bandhan Bank, NALCO, and Kotak Mahindra Bank today

Top Stock Recommendations: Sagar Doshi of Nuvama Professional Clients Group recommends buying these three stocks today - Bandhan Bank Ltd, National Aluminium Company Ltd (NALCO), and Kotak Mahindra Bank Ltd.

The Economic Times

Demerger of Vedanta likely by end of FY25: Top official

Vedanta Ltd's demerger of its key businesses, including aluminium, into separate listed companies is expected by the end of FY25. The company has filed an application with the National Company Law Tribunal after receiving lender approval. This move aims to simplify Vedanta's corporate structure and offer direct investment opportunities in pure-play companies.

CNBC TV18

Nalco joint venture KABIL signs MoU with Oil India for mineral exploration

KABIL is a joint venture among three government enterprises: NALCO (National Aluminium Company), Hindustan Copper Ltd., and Mineral Exploration and Consultancy Ltd. The venture operates under the Ministry of Mines and focuses on overseas mineral asset development.

Business Standard

Nalco Q1 results: PAT up 76% at Rs 588 cr, total income at Rs 2,916 cr

State-owned Nalco on Monday reported a 76.3 per cent rise in consolidated profit at Rs 588.42 crore in the quarter ended June 2024. The company had posted a consolidated profit of Rs 333.76 crore in the year-ago period, National Aluminium Company Ltd (Nalco) said in an exchange filing. However, the consolidated income of the company during April-June period declined to Rs 2,916.62 crore from Rs 3,226.88 crore in the year-ago period, the filing said. The board has recommended final dividend of Rs 2 per share for 2023-24, subject to the approval of shareholders in the ensuing annual general meeting. "The final dividend...if approved...will be paid within a period of 30 days from the date of declaration," it said. Nalco, a 'Navratna' company, is one of the country's largest bauxite, alumina, aluminium and power complex. The government owns 51.28 per cent of Nalco's equity capital. The company has been operating its captive Panchpatmali bauxite mines for the pit head alumina refinery

Business Line

Stock to buy today: National Aluminium Company (₹204)

Place initial stop-loss at ₹196