Nilkamal gains on planning to foray into foam manufacturing business

14 May 2018

Nilkamal is currently trading at Rs. 1686.80, up by 5.70 points or 0.34% from its previous closing of Rs. 1681.10 on the BSE.

The scrip opened at Rs. 1665.00 and has touched a high and low of Rs. 1704.40 and Rs. 1631.95 respectively. So far 1226 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2223.30 on 12-May-2017 and a 52 week low of Rs. 1491.20 on 07-Sep-2017.

Last one week high and low of the scrip stood at Rs. 1704.40 and Rs. 1643.00 respectively. The current market cap of the company is Rs. 2506.98 crore.

The promoters holding in the company stood at 64.09%, while institutions and non-institutions held 14.59% and 21.32% respectively.

Nilkamal has received an approval to venture into foam manufacturing business during the year 2018-2019. The board of directors at its meeting held on May 11, 2018 has approved for the same.

Nilkamal’s principal activity is to manufacture injection moulded plastic products. It operates with three segments namely plastics, lifestyle furniture, furnishings & accessories and storage system & others.


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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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