Nalco has been planning to increase its production capacity to over 73 lakh tonnes in this fiscal from about 68 lakh tonnes.
Tapan Kumar Chand, Nalco CMD has said that “During 2016-17 Nalco will surpass its production capacity of 68.25 lakh tonnes and will achieve 73.25 lakh tonnes production.”
He further said that “In 2016 Nalco had posted strong growth of 18 percent in Bauxite mining, the highest since inception and a record in the mining mining industry.”
Read EquityPandit’s Technical Analysis of Indian Stock Market