"Nalco has consented to purchase back 25 percent of its
shares from the government," Mines Secretary Balvinder Kumar said.
As indicated by sources, the government is hoping to raise
around Rs 3,250 crore by offering 25 percent of its shares to Nalco. The
government was planning to sell 10 percent stake in Nalco to raise about Rs
1,300 crore yet volatile markets have crashed its plans.
Equity Experts Advice
NALCO Stock Cost: On May 03, 2016, at 09:30 hrs National Aluminum Company was
citing at Rs 47.95, up Rs 1.60. The 52-week high of the share was Rs 50.90 and
the 52-week low was Rs 28.00.
The organization's trailing 12-month (TTM) EPS
was at Rs 3.41 for every share according to the quarter finished December 2015.
The stock's price-to-earnings (P/E) ratio was 14.06. The most recent book
estimation of the organization is Rs 49.66 for every share. At current esteem,
the cost to-book estimation of the organization is 0.97.
Predictions on share market are recommendable by Epic Research, It helps traders to avoid losses and gain good profit.
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