Nakoda is currently trading at Rs. 9.23, up by 0.12 points or 1.32% from its previous closing of Rs. 9.11 on the BSE.
The scrip opened at Rs. 9.20 and has touched a high and low of Rs. 9.49 and Rs. 9.10 respectively. So far 89671 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 14.20 on 06-Apr-2011 and a 52 week low of Rs. 7.95 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 9.49 and Rs. 8.40 respectively. The current market cap of the company is Rs. 183.72 crore.
The promoters holding in the company stood at 44.03% while Institutions and Non-Institutions held 0.01% and 25.94% respectively.
Nakoda, a polyester filament yarn producer is likely to invest Rs 1900 crore to double its polymerization capacity to 280,000 tonnes a year. It is likely to raise debt of Rs 1,550 crore through term loans and remaining investment amount will be funded through internal accruals.
The company will add new capacity to the company's existing plant at Surat in Gujarat. With this project Nakoda will be able to supply the entire range of polyester yarns in the domestic and international markets. At present company has a capacity to produce polyethylene terephthalate (PET) chips of 50,000 tonnes a year, partially oriented yarn (POY) of 30,000 tonnes and full draw yarn (FDY) of 60,000 tonnes. It also has texturising facility of 30,000 tonnes.
Nakoda Textile Industries is an ISO 9001-2000 certified company. The company is engaged in processing of polyester yarn like texturising and twisting.
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