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18-Mar2019

NCL Industries soars on starting commercial production of door at Malkapur plant

NCL Industries is currently trading at Rs. 143.30, up by 1.55 points or 1.09% from its previous closing of Rs. 141.75 on the BSE.

The scrip opened at Rs. 142.00 and has touched a high and low of Rs. 144.65 and Rs. 142.00 respectively. So far 3038 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 256.50 on 26-Apr-2018 and a 52 week low of Rs. 99.25 on 14-Feb-2019.

Last one week high and low of the scrip stood at Rs. 159.40 and Rs. 141.50 respectively. The current market cap of the company is Rs. 648.19 crore.

The promoters holding in the company stood at 40.33%, while Institutions and Non-Institutions held 19.58% and 40.08% respectively.

NCL Industries has started the commercial production of its latest range of premium doors under the brand name of 'Duradoor,' in its new plant in Malkapur. Spread across two lakh square feet, the plant was built in technical collaboration with AGT, Turkey, with an installed capacity of 1000 doors in a single shift, with an investment of cost of Rs 50 crore.

NCL Industries is an India-based company that operates in five segments: Cement, Boards, Prefab structures, Hydel Power and Ready Mix Concrete. The company was incorporated in 1979, a part of NCL Group. The company is also in the business activities of Cement, Prefab, Boards, Energy, Ready Mix Concrete Division.


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