NALCO (National Aluminium Company Limited) is gaining attention in the stock market. Its strong bullish trend attracts many investors. To make the most of this momentum, it’s crucial to understand the company’s fundamentals and future price projections.
In this blog, we will analyze NALCO’s share price targets for 2025, 2026, 2027, 2030, and 2040. We will look closely at the company’s financial health, focusing on profit growth, sales growth, and Return on Equity (ROE) from the past five years. We will also review the stock’s historical price movements to see how it has performed over time.
Expert opinions will help investors find the best time to enter the market. Whether you’re an experienced trader or a new investor, this guide will provide valuable insights for making informed decisions about NALCO shares.
NALCO Overview
| Aspect | Details |
|---|
| Company Name | National Aluminium Company Limited (NALCO) |
| Industry | Metals & Mining (Aluminium Production) |
| Founded | 1981 |
| Headquarters | Bhubaneswar, Odisha, India |
| Market Cap | (Insert latest market capitalization) |
| Product | Aluminium, Alumina, Power |
| Stock Exchange | NSE, BSE |
| Ticker Symbol | NALCO |
Read More: Gail Share Price Target
NALCO Products
| Category | Products |
|---|---|
| Alumina & Aluminium | Calcined Alumina, Hydrated Alumina, Aluminium Ingots, Aluminium Billets, Aluminium Wire Rods |
| Power | Captive Power Plant (CPP), Wind Energy, Solar Energy |
| Chemical Products | By-products like Gallium, Vanadium sludge |
| Export Products | Alumina, Aluminium metal, and value-added products for international markets |
NALCO Fundamentals
| Company Name | National Aluminium Company Limited |
| Market Cap | ₹44,466.89 Crore |
| Book Value | ₹87.25 |
| Face Value | ₹5 |
| 52 Week High | ₹264.53 |
| 52 Week Low | ₹94.59 |
| P/B | 2.10 |
| DIV. YIELD | 1.25% |
| PE | 15.01 |
| ROE | 14.89% |
| ROA | 10.98% |
NALCO Share Price Target 2025
Wood Mackenzie’s latest report shows that NALCO (National Aluminium Company Limited) was the world’s lowest-cost producer of bauxite and alumina in 2019. This achievement highlights NALCO’s efficiency and cost-effectiveness in the global aluminium market. The company excels in capacity utilization, technology adoption, quality assurance, export growth, and profitability. This makes it a top performer among Indian public sector enterprises.
NALCO was the first Indian PSU to enter the global market. It has been listed on the London Metal Exchange (LME) since May 1989. Its global presence and strategy have boosted its reputation in international trade.
Looking ahead, analysts have a promising share price target for NALCO by 2025. They expect the first target to reach ₹190. The second target could hit ₹220, supported by strong fundamentals and market momentum. Investors are watching closely as the company grows.
| Months | NALCO Share Price Target 2025 |
|---|---|
| January 2025 | Rs 190 |
| February 2025 | Rs 194 |
| March 2025 | Rs 198 |
| April 2025 | Rs 201 |
| May 2025 | Rs 205 |
| June 2025 | Rs 206 |
| July 2025 | Rs 209 |
| August 2025 | Rs 211 |
| September 2025 | Rs 214 |
| October 2025 | Rs 216 |
| November 2025 | Rs 218 |
| December 2025 | Rs 220 |
NALCO Share Price Target 2026
NALCO has launched a bilingual mobile app called ‘NALCO Micro and Small Enterprise Yogyog Application’ (NAMASYA). This app aims to support Micro and Small Enterprises (MSEs) by providing easy access to important business information. NAMASYA shows NALCO’s dedication to MSE growth. It guides users through vendor registration, lists items MSEs can supply, outlines technical specs, and details vendor development programs. The app also offers insights into training initiatives by NALCO to boost small enterprise skills. This digital step supports NALCO’s goal of inclusive growth and makes it easier for smaller partners to do business.
Looking ahead to 2026, analysts expect NALCO’s share price to rise. The first target is ₹225, while a more optimistic estimate could reach ₹270, backed by strong fundamentals.
| Months | NALCO Share Price Target 2026 |
|---|---|
| January 2026 | Rs 225 |
| February 2026 | Rs 228 |
| March 2026 | Rs 232 |
| April 2026 | Rs 235 |
| May 2026 | Rs 240 |
| June 2026 | Rs 245 |
| July 2026 | Rs 250 |
| August 2026 | Rs 255 |
| September 2026 | Rs 258 |
| October 2026 | Rs 262 |
| November 2026 | Rs 265 |
| December 2026 | Rs 270 |
NALCO Share Price Target 2027
NALCO has reached a key milestone by securing a mining lease for the Utkal-E coal block. The Ministry of Steel and Mines, Government of Odisha, issued the official notification on April 12. This coal block covers about 523.73 hectares in the villages of Bandihola, Gopinathpur Jungle, Kendujhar Jungle, Kosala, and Korada in the Chhendipada tehsil of Angul district.
The Utkal-E coal block is set to have an initial production capacity of 2 million tonnes per year. Total recoverable reserves are estimated at around 70 million tonnes. This move will help NALCO ensure a steady coal supply for its operations. It will boost energy security and lessen reliance on outside sources. With this progress, the company’s financial outlook looks promising. For 2027, the first share price target is set at ₹275. The second target may reach about ₹330, showing increased investor confidence.
| Months | NALCO Share Price Target 2027 |
|---|---|
| January 2027 | Rs 275 |
| February 2027 | Rs 280 |
| March 2027 | Rs 290 |
| April 2027 | Rs 295 |
| May 2027 | Rs 300 |
| June 2027 | Rs 305 |
| July 2027 | Rs 310 |
| August 2027 | Rs 315 |
| September 2027 | Rs 320 |
| October 2027 | Rs 322 |
| November 2027 | Rs 325 |
| December 2027 | Rs 330 |
NALCO Share Price Target 2028
NALCO plans to invest about ₹30,000 crore in the next 7–8 years. This is part of its big expansion and diversification strategy. Most of this investment, around ₹22,000 crore, will go to its smelter plant and captive power plant (CPP) in Angul, Odisha. This includes a new 1,400 MW CPP to meet the rising energy needs of smelting operations.
NALCO will also invest over ₹7,000 crore in important projects. These include the Stream 5 Refinery, Potangi Bauxite Mines, South Block Bauxite Transport System, and Utkal D & E Coal Mines. These plans support the Indian government’s goal for self-reliance in aluminium and alumina production.
With solid infrastructure plans, NALCO’s growth looks promising. For 2028, the first share price target is ₹340, while a more optimistic target is around ₹400.
| Months | NALCO Share Price Target 2028 |
|---|---|
| January 2028 | Rs 340 |
| February 2028 | Rs 345 |
| March 2028 | Rs 350 |
| April 2028 | Rs 355 |
| May 2028 | Rs 365 |
| June 2028 | Rs 370 |
| July 2028 | Rs 375 |
| August 2028 | Rs 380 |
| September 2028 | Rs 385 |
| October 2028 | Rs 390 |
| November 2028 | Rs 395 |
| December 2028 | Rs 400 |
NALCO Share Price Target 2030
Utkarsha Aluminium Dhatu Nigam Limited (UADNL) is a joint venture between National Aluminium Company (NALCO) and Mishra Dhatu Nigam (MIDHANI). It is moving ahead with plans for a high-end aluminium alloy plant in Nellore, Andhra Pradesh. To proceed, the JV wants to hire a qualified environmental consultant. This consultant will help secure environmental clearance for the project.
They will conduct an Environmental Impact Assessment (EIA), prepare an Environmental Management Plan (EMP), and perform other necessary studies to meet regulations. This step is important for UADNL to follow environmental norms and support sustainable development at the site. With these strategic projects, NALCO’s long-term growth outlook looks strong. For the financial year 2030, NALCO’s initial share price target is ₹500, and a second target is around ₹580, fueled by ongoing expansion efforts.
| Months | NALCO Share Price Target 2030 |
|---|---|
| January 2030 | Rs 500 |
| February 2030 | Rs 510 |
| March 2030 | Rs 515 |
| April 2030 | Rs 525 |
| May 2030 | Rs 530 |
| June 2030 | Rs 540 |
| July 2030 | Rs 545 |
| August 2030 | Rs 555 |
| September 2030 | Rs 560 |
| October 2030 | Rs 570 |
| November 2030 | Rs 575 |
| December 2030 | Rs 580 |
NALCO Share Price Target 2040
The NALCO Share Price Target for 2040 is projected between ₹983.85 and ₹1,023.96. This forecast is backed by strong fundamentals and growth drivers. A major factor is the company’s rising production capacity. NALCO’s Alumina Refinery now produces 2.276 million tonnes per annum. Its Smelter Plant in Angul, Odisha, features a 50,000 TPA rolled products unit for high-quality sheets and coils.
The company also enjoys solid raw material support. It is developing the Pottangi Bauxite Mines and operating the Utkal D & E Coal Mines. This reduces reliance on external coal and boosts profitability. Furthermore, NALCO posted impressive results for FY 2023–24, showing a 33% annual net profit increase to ₹2,065 crore.
These developments suggest a promising long-term outlook, reinforcing the projected share price range for 2040. NALCO stands out as a reliable investment for the future.
| Months | NALCO Share Price Target 2030 |
|---|---|
| January 2030 | Rs 500 |
| February 2030 | Rs 510 |
| March 2030 | Rs 515 |
| April 2030 | Rs 525 |
| May 2030 | Rs 530 |
| June 2030 | Rs 540 |
| July 2030 | Rs 545 |
| August 2030 | Rs 555 |
| September 2030 | Rs 560 |
| October 2030 | Rs 570 |
| November 2030 | Rs 575 |
| December 2030 | Rs 580 |
NALCO Share Price Target 2050
To predict NALCO’s share price for 2050, consider long-term trends, company growth, and global markets. Experts believe that due to its strong base and expansion plans, NALCO’s share price might range from ₹2,500 to ₹3,200.
Future Prospectus of NALCO Share
Utkarsha Aluminium Dhatu Nigam is a joint effort by National Aluminium Company (NALCO) and Mishra Dhatu Nigam (MIDHANI). They plan to hire a consultant for environmental clearance for their new aluminium alloy facility in Nellore, Andhra Pradesh.
At the same time, NALCO will invest about ₹30,000 crore over the next 7 to 8 years. This investment aims to boost its smelter and power plant capacities. It will also support various infrastructure and mining projects to improve self-sufficiency.
NALCO has also launched a bilingual mobile app called the ‘NALCO Micro and Small Enterprise Yogyog Application’ (NAMASYA). This app helps Micro and Small Enterprises (MSEs) by providing tools, vendor registration details, technical information, and access to development and training programs. It empowers MSEs with digital resources and better business chances.
Should I Invest in NALCO Share Right Now?
Positive Aspects:
Over the past three years, NALCO has shown strong profitability, with a profit growth rate of 17.01%. The company is nearly debt-free and has a solid interest coverage ratio of 163.85, which shows good financial stability. It also has a commendable Return on Capital Employed (ROCE) of 24.52% in this period. NALCO operates with a highly efficient cash conversion cycle of -137.52 days, reflecting strong operational efficiency. Its cash flow management is solid, with a Profit After Tax (PAT) ratio of 1.25. Moreover, promoter holding is a healthy 51.30%, suggesting strong investor confidence in the company’s long-term potential.
Negative Aspect:
However, the company’s revenue growth over the last three years has been relatively weak, only increasing by 13.67%. This may be a concern for potential investors looking for long-term consistency.
Conclusion
We hope this analysis of NALCO’s share price targets for 2025 to 2030 helps you see the company’s growth potential. NALCO has strong fundamentals, expansion plans, and rising profits. It is a major player in the Indian metal and mining sector.
However, like any investment, stay updated on market trends, company news, and expert advice. This will help you make better financial decisions. If you have questions about NALCO’s stock or want to share your thoughts, please comment below.
Our team at Market in India is dedicated to providing reliable, up-to-date information for your investment choices. Stay tuned for more updates on promising stocks and market movements to support your investment journey in the Indian stock market.
FAQs
Where is NALCO’s headquarters located?
NALCO’s headquarters is situated in Bhubaneswar, Odisha.
Who is the Managing Director (MD) of NALCO?
Dr. T.K. Chand currently serves as the Managing Director of NALCO.
What type of business does NALCO operate in?
NALCO operates Asia’s largest integrated alumina-aluminum complex, managing the entire aluminum production value chain from bauxite mining to aluminum smelting.
Is NALCO a government-owned company?
Yes, NALCO is a public sector enterprise functioning under the Ministry of Mines, Government of India.
What does NALCO stand for?
NALCO stands for National Aluminium Company Limited.
Who is the Chairman-Cum-Managing Director (CMD) of NALCO?
Mr. Sanjay Lohiya holds the position of Chairman-Cum-Managing Director at NALCO.
What is the share price target for NALCO in 2025?
The expected share price range for NALCO in 2025 is ₹195.38 to ₹225.69.
What is the share price target for NALCO in 2027?
NALCO’s share price target for 2027 is projected between ₹255.10 and ₹303.26.
What is the share price target for NALCO in 2028?
For 2028, the share price target is estimated to be between ₹305.19 and ₹346.59.
What is the share price target for NALCO in 2030?
NALCO’s share price target for 2030 is expected to range from ₹389.56 to ₹436.86.
What is the share price target for NALCO in 2040?
By 2040, NALCO’s share price is projected to be between ₹983.85 and ₹1,023.96.