NALCO Showcases Angul Aluminium Park as Odisha's Strategic Hub for Investors

1 min read     Updated on 24 Sept 2025, 07:38 PM
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Reviewed by
Riya DeyScanX News Team
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Overview

NALCO organized a roadshow in Bhubaneswar to attract investors for the Angul Aluminium Park (AAPPL), a joint venture with IDCO. The park, spanning 223 acres with plans to expand to 600 acres, offers world-class facilities. NALCO committed to supplying 50,000 tonnes of hot metal annually to downstream industries. The event highlighted Odisha's potential in aluminium production and the state government's supportive policies for investors. Over 100 participants attended, with three industries already attracted and four more in the pipeline.

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*this image is generated using AI for illustrative purposes only.

NALCO , a Navratna CPSE under the Ministry of Mines, Government of India, recently organized a high-profile roadshow to promote the Angul Aluminium Park Pvt. Ltd. (AAPPL) in Bhubaneswar, Odisha. The event aimed to attract investors and showcase the potential of this strategic aluminium hub.

Joint Venture and Strategic Importance

AAPPL is a joint venture between NALCO and the Odisha Industrial Infrastructure Development Corporation (IDCO), designed to develop a dedicated industrial park in Angul, Odisha. The park spans 223 acres and is set to expand to over 600 acres, offering world-class facilities including advanced road connectivity, efficient transportation, uninterrupted power and water supply, administrative offices, training centers, and laboratories.

Key Highlights of the Roadshow

  • Government and Industry Participation: The event brought together government officials, industry leaders, and investors. Shri Hemant Kumar Sharma, IAS, Additional Chief Secretary of the Industries Department, Government of Odisha, was the Chief Guest, alongside Shri Brijendra Pratap Singh, CMD of NALCO.

  • NALCO's Commitment: NALCO announced it would supply 50,000 tonnes of hot metal annually to downstream industries at the park, promoting cost-effective production and improved competitiveness.

  • Odisha's Aluminium Potential: Odisha currently produces 72.00% of India's primary aluminium but has low downstream output, presenting significant growth opportunities.

  • Investor Interest: The roadshow attracted over 100 participants, including investors, entrepreneurs, and industry associations. Three industries have already been attracted to the park, with four more in the pipeline.

Government Support and Policies

Shri Hemant Kumar Sharma highlighted the state's commitment to fostering downstream and ancillary industries under its progressive Industrial Policy. He mentioned several initiatives to support investors, including:

  • GST reduction
  • Investor-friendly policies
  • Active support for entrepreneurs

Future Outlook

The roadshow reaffirmed Odisha's vision and NALCO's dedication to establishing AAPPL as a vibrant industrial hub. The park is expected to promote investment, innovation, and employment generation in the region.

Shri Jagdish Arora, Director (P&T) of NALCO, expressed confidence in the park's potential, while Shri Manikanta Naik, MD of Tata Steel SEZ, drew parallels with the success of Gopalpur Industrial Park, suggesting that AAPPL could match or exceed its achievements.

As aluminium continues to be viewed as a "future metal" with applications across packaging, appliances, transport, EVs, and aerospace, the Angul Aluminium Park is positioned to play a crucial role in India's industrial growth and Odisha's economic development.

Historical Stock Returns for NALCO

1 Day5 Days1 Month6 Months1 Year5 Years
-1.75%-4.53%+8.60%+12.70%-0.50%+517.77%

Mazagon Dock, NALCO, Bharat Dynamics, and MOIL Set to Trade Ex-Dividend

1 min read     Updated on 18 Sept 2025, 08:25 AM
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Reviewed by
Ashish ThakurScanX News Team
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Overview

Mazagon Dock Shipbuilders, NALCO, Bharat Dynamics, and MOIL have announced dividends with a record date of September 19, 2025. NALCO offers the highest dividend yield at 1.17%, followed by MOIL at 0.45%, Mazagon Dock at 0.09%, and Bharat Dynamics at 0.04%. Investors must purchase shares before the ex-dividend date to be eligible for the dividend payments.

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*this image is generated using AI for illustrative purposes only.

Four major companies are set to trade ex-dividend, with a record date of September 19, 2025. Investors looking to capitalize on these dividend payments must purchase shares before the ex-dividend date to be eligible. Let's take a closer look at the dividend announcements and their implications for each company.

Mazagon Dock Shipbuilders

Mazagon Dock Shipbuilders has announced a dividend of Rs 2.71 per share, subject to approval at the Annual General Meeting (AGM). At the current share price of Rs 2,993.00, this translates to a dividend yield of 0.09%.

National Aluminium Company (NALCO)

NALCO has declared a dividend of Rs 2.50 per share. With the company's share price at Rs 213.26, shareholders can expect a substantial dividend yield of 1.17%.

Bharat Dynamics Limited (BDL)

Bharat Dynamics has announced a dividend of Rs 0.65 per share. At the current share price of Rs 1,624.00, this results in a dividend yield of 0.04%.

MOIL Limited

MOIL has set a dividend of Rs 1.61 per share. With the company's share price at Rs 353.95, investors can anticipate a dividend yield of 0.45%.

Dividend Yields Comparison

Company Dividend per Share (Rs) Share Price (Rs) Dividend Yield
NALCO 2.50 213.26 1.17%
Mazagon Dock 2.71 2,993.00 0.09%
MOIL 1.61 353.95 0.45%
Bharat Dynamics 0.65 1,624.00 0.04%

Investors should note that these dividends offer varying yields, with NALCO providing the highest at 1.17% and Bharat Dynamics the lowest at 0.04%. MOIL and Mazagon Dock fall in between with yields of 0.45% and 0.09%, respectively.

It's crucial for potential investors to remember that to be eligible for these dividend payments, they must purchase shares before the ex-dividend date. After this date, new buyers of the stock will not receive the upcoming dividend payment.

As always, investors are advised to consider their overall investment strategy and conduct thorough research before making any investment decisions based solely on dividend announcements.

Historical Stock Returns for NALCO

1 Day5 Days1 Month6 Months1 Year5 Years
-1.75%-4.53%+8.60%+12.70%-0.50%+517.77%
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