Non Ferrous Metals · NACL
Aluminium
from 369 today
NALCO reported in-line earnings for 1QFY27 driven by favorable aluminum prices, though potential headwinds remain in the form of softened LME and cost inflation.
NALCO reported a strong 1QFY27 driven by higher alumina sales volume and elevated aluminum prices, leading to an 81.5% YoY increase in EBITDA. We maintain our BUY rating with a revised target price of INR 480 based on 6.0x 1HFY29E EV/EBITDA.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
