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Nalco Stake Sale Fully Subscribed
National Aluminium Company Ltd is the first disinvestment of the current fiscal year, which started on April 1.
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Nalco Share Sale Gets Under Way, Stock Falls
The two-day OFS began on bourses today with over 7.73 crore shares being sold to institutional investors. Over 1.93 crore have been reserved for retail investors who will also be offered additional discount over the issue price.
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Buy ONGC, Nalco, Avoid HDFC: Sumeet Bagadia
The Nifty has support at 8100, and if this level breaks, a sharp selloff towards 7800-7900 can be expected next, says Sumeet Bagadia of Choice Broking.
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NMDC, Nalco Share Sales May Kick Off In March Quarter: Report
The government plans sale of 10 per cent stake each in Nalco, NMDC and MOIL, which could fetch about Rs 6,000 crore to the exchequer at the current market price.
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Nalco's Rs 2,835 Crore Buyback Offer To Open On August 30
SBI Capital Markets is acting as the manager for theoffer, it said a regulatory filing.
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Nalco Gains On Grant Of Bauxite Mine In Odisha
Shares of National Aluminium Company Limited (Nalco) surged nearly 6 per cent to hit intraday high of Rs 50.95 after the state-run aluminium producer secured the mining lease of a bauxite mine in Odisha.
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Nalco To Buy Back Shares Worth Rs 2,835 Crore
Aluminium maker Nalco on Wednesday said its board has approved a proposal to buy back 64.43 crore shares worth close to Rs 2,835 crore, a move that will lead to liquidation of government's stake in the firm.
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Nalco Rises Nearly 3% On Share Buy-Back Plans
Nalco shares on Monday rose by nearly 3 per cent ahead of a meeting of the company's board on May 25 to discuss buy-back of the government's 25 per cent stake in the aluminium maker.
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NALCO To Buy Back 25% Stake From Government: Mines Secretary
State-controlled National Aluminium Co Ltd (NALCO) has agreed to buy back 25 per cent of its shares from the government, Mines Secretary Balvinder Kumar told Reuters after a meeting with the company on Monday to discuss pricing.
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Nalco Pays Rs 260 Crore Interim Dividend to Government
State-run National Aluminium Company Limited (NALCO) on Monday declared an interim dividend of 25 per cent amounting to Rs 322.16 crore for 2015-16 on the paid-up equity share capital of Rs 1,288.62 crore.
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Nalco Soars Over 10% On Share Buyback Plan
Buy back of shares is taken positively by investors because it indicates management's faith in the company's business. Companies also buy their shares if they fell that the stock is undervalued, analysts say.
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Nalco's 25% Share Buyback to Take Place in Next Fiscal
Nalco's estimated Rs 3,250-crore share buyback programme has been delayed due to procedural issues and will be completed in financial year 2016-17.
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NALCO Share Buyback Delayed to 2016/17: Report
Indian aluminium company NALCO's plan to buy back up to Rs 3,250 crore ($483 million) of government shares will be delayed to the next fiscal year because of procedural delays, a government official said Tuesday.
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Sensex Falls 286 Points on Selloff in Metal Shares
UPL, Sun TV Network, MRPL, Jidal Steel, NALCO, Torrent Pharma, JSW Steel and Glenmark were among the losers from the mid-cap space, down 3-4.6 per cent each.
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Nalco Revives $2 Billion Iran Smelter Plan as Sanctions End
National Aluminium Company (Nalco) will soon send an official team to Iran to explore setting up a smelter complex worth about $2 billion, its boss said, as world powers lift sanctions on Iran that had made negotiations difficult.
-
Nalco Stake Sale Fully Subscribed
National Aluminium Company Ltd is the first disinvestment of the current fiscal year, which started on April 1.
-
Nalco Share Sale Gets Under Way, Stock Falls
The two-day OFS began on bourses today with over 7.73 crore shares being sold to institutional investors. Over 1.93 crore have been reserved for retail investors who will also be offered additional discount over the issue price.
-
Buy ONGC, Nalco, Avoid HDFC: Sumeet Bagadia
The Nifty has support at 8100, and if this level breaks, a sharp selloff towards 7800-7900 can be expected next, says Sumeet Bagadia of Choice Broking.
-
NMDC, Nalco Share Sales May Kick Off In March Quarter: Report
The government plans sale of 10 per cent stake each in Nalco, NMDC and MOIL, which could fetch about Rs 6,000 crore to the exchequer at the current market price.
-
Nalco's Rs 2,835 Crore Buyback Offer To Open On August 30
SBI Capital Markets is acting as the manager for theoffer, it said a regulatory filing.
-
Nalco Gains On Grant Of Bauxite Mine In Odisha
Shares of National Aluminium Company Limited (Nalco) surged nearly 6 per cent to hit intraday high of Rs 50.95 after the state-run aluminium producer secured the mining lease of a bauxite mine in Odisha.
-
Nalco To Buy Back Shares Worth Rs 2,835 Crore
Aluminium maker Nalco on Wednesday said its board has approved a proposal to buy back 64.43 crore shares worth close to Rs 2,835 crore, a move that will lead to liquidation of government's stake in the firm.
-
Nalco Rises Nearly 3% On Share Buy-Back Plans
Nalco shares on Monday rose by nearly 3 per cent ahead of a meeting of the company's board on May 25 to discuss buy-back of the government's 25 per cent stake in the aluminium maker.
-
NALCO To Buy Back 25% Stake From Government: Mines Secretary
State-controlled National Aluminium Co Ltd (NALCO) has agreed to buy back 25 per cent of its shares from the government, Mines Secretary Balvinder Kumar told Reuters after a meeting with the company on Monday to discuss pricing.
-
Nalco Pays Rs 260 Crore Interim Dividend to Government
State-run National Aluminium Company Limited (NALCO) on Monday declared an interim dividend of 25 per cent amounting to Rs 322.16 crore for 2015-16 on the paid-up equity share capital of Rs 1,288.62 crore.
-
Nalco Soars Over 10% On Share Buyback Plan
Buy back of shares is taken positively by investors because it indicates management's faith in the company's business. Companies also buy their shares if they fell that the stock is undervalued, analysts say.
-
Nalco's 25% Share Buyback to Take Place in Next Fiscal
Nalco's estimated Rs 3,250-crore share buyback programme has been delayed due to procedural issues and will be completed in financial year 2016-17.
-
NALCO Share Buyback Delayed to 2016/17: Report
Indian aluminium company NALCO's plan to buy back up to Rs 3,250 crore ($483 million) of government shares will be delayed to the next fiscal year because of procedural delays, a government official said Tuesday.
-
Sensex Falls 286 Points on Selloff in Metal Shares
UPL, Sun TV Network, MRPL, Jidal Steel, NALCO, Torrent Pharma, JSW Steel and Glenmark were among the losers from the mid-cap space, down 3-4.6 per cent each.
-
Nalco Revives $2 Billion Iran Smelter Plan as Sanctions End
National Aluminium Company (Nalco) will soon send an official team to Iran to explore setting up a smelter complex worth about $2 billion, its boss said, as world powers lift sanctions on Iran that had made negotiations difficult.
