NALCO Share Price Target: A Comprehensive Forecast for 2024, 2025, 2026, and 2030

In this article, we delve into the future prospects of the National Aluminum Company Limited (NALCO), a prominent player in the Aluminum Products Department. We will discuss the potential share price targets for NALCO for the years 2024, 2025, 2026, and 2030.

A Brief Overview of NALCO

Established on January 7, 1981, NALCO is a Navratna company under the Government of India. The company's operations span across bauxite mining, aluminum smelting, capacitive power plants, and wind plants.

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NALCO Share Price Target 2024

With a market cap of Rs 32,287.99 crore and a dividend yield of 2.51%, NALCO is a significant player in the market. The company has a manageable debt of Rs 47.75 crore and a promoter holding of 51.28%. With free cash flow of Rs 2,117.50 crore, the company's sales growth stands at 0.28%, despite a profit growth of -47.68%. Given these factors, the NALCO share price target for 2024 could reach a first target of Rs 190 and a second target of Rs 250.

NALCO Share Price Target 2025

NALCO has demonstrated impressive returns in the recent past, with 93% returns in the last 6 months, 116% returns in the last 1 year, 30% returns in the last 3 years, and 29% returns in the last 5 years. If the company continues this growth trajectory, the NALCO share price target for 2025 could reach a first target of Rs 260 and a second target of Rs 290.

NALCO Share Price Target 2026

In its June 2023 quarterly results, NALCO reported a net profit of Rs. 349 crores on net sales of Rs. 3178 crores. In the annual results presented in March 2023, the company achieved a net profit of Rs 1,544 crore on net sales of Rs 14,254 crore. If the company maintains this performance in 2025, the NALCO share price target for 2026 could reach a first target of Rs 375 and a second target of Rs 495.

NALCO Share Price Target 2030

A study of the company's shareholding pattern reveals that the promoters' holding is 51.28%, the public holds 18.38%, DII holds 15.39%, and FII holds 14.95%. If the company increases its promoter holding in the future, the NALCO share price target for 2030 could reach a first target of Rs 800 and a second target of Rs 950.

NALCO's Strengths and Weaknesses


  • Promoters' holding of the company is recorded at 51.28%.
  • The company has free cash flow available at Rs 2117.50 crore.
  • In the last one year, the company has given returns of 116 percent.
  • The profit growth of the last 3 years is 123.56%.


  • The company's revenue growth in the last 3 years has been recorded at 18.94%.
  • The company also has a debt of Rs 47.75 crore.


The information provided in this article is for informational purposes only. does not advise investing in the stock market. The stock market is subject to risk, hence take expert advice before investing.

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