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Nirlon rises on receiving approval to develop Phase 5 of NKP in Mumbai

01 Feb 2016 Evaluate

Nirlon is currently trading at Rs. 182.00, up by 4.80 points or 2.71% from its previous closing of Rs. 177.20 on the BSE.

The scrip opened at Rs. 181.00 and has touched a high and low of Rs. 186.50 and Rs. 181.00 respectively. So far 2,332 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 213.90 on 13-Apr-2015 and a 52 week low of Rs. 153.00 on 12-Jun-2015.

Last one week high and low of the scrip stood at Rs. 186.50 and Rs. 171.00 respectively. The current market cap of the company is Rs. 1,640.00 crore.

The promoters holding in the company stood at 71.59% while Institutions and Non-Institutions held 6.70% and 21.67% respectively.

Nirlon has received an approval to develop Phase 5 of Nirlon Knowledge Park (NKP) at Goregaon (East), Mumbai. The board of directors at its meeting held on January 29, 2016 has approved for the same.

The company has also received approval to avail additional borrowing from HDFC not exceeding Rs 500.00 crore for the proposed Phase 5 development of NKP.

Nirlon is engaged in the business of development of an industrial park/information technology (IT) Park.


Nirlon Share Price

537.55 2.35 (0.44%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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