NCL Industries gains on registering 24% growth in gross turnover during FY12

20 Mar 2012

NCL Industries is currently trading at Rs. 46.00, up by 0.05 points or 0.11% from its previous closing of Rs. 45.95 on the BSE.

The scrip opened at Rs. 45.00 and has touched a high and low of Rs. 46.65 and Rs. 45.00 respectively. So far 8400 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 53.20 on 22-Feb-2012 and a 52 week low of Rs. 25.30 on 21-Mar-2011.

Last one week high and low of the scrip stood at Rs. 47.20 and Rs. 45.00 respectively. The current market cap of the company is Rs. 160.54 crore.

The promoters holding in the company stood at 47.11% while Institutions and Non-Institutions held 0.08% and 52.81% respectively. 

NCL Industries’ gross turnover has crossed over Rs 700 crore during the FY 2011-12 i.e. upto March 16, 2012, registering a growth of over 24 percent compared to the gross turnover of Rs 561 crore in FY 2010-11. It is a land mark in the company since inception.

NCL Industries is in the business of manufacturing cement, cement boards, prefabrication shelters and in hydroelectricity generation. It operates in four divisions: Cement, Boards, Prefab, and Energy.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323