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CIL Nova Petrochemicals Ltd.

BSE: 533407 Sector: Industrials
NSE: CNOVAPETRO ISIN Code: INE672K01025
BSE LIVE 15:40 | 26 May 26.65 0.35
(1.33%)
OPEN

27.95

HIGH

27.95

LOW

26.25

NSE 15:30 | 26 May 27.45 1.25
(4.77%)
OPEN

28.90

HIGH

28.90

LOW

24.00

OPEN 27.95
PREVIOUS CLOSE 26.30
VOLUME 7541
52-Week high 36.30
52-Week low 18.58
P/E 12.06
Mkt Cap.(Rs cr) 72
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 27.95
CLOSE 26.30
VOLUME 7541
52-Week high 36.30
52-Week low 18.58
P/E 12.06
Mkt Cap.(Rs cr) 72
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

CIL Nova Petrochemicals Ltd. (CNOVAPETRO) - Company History

CIL Nova Petrochemicals Ltd is a leading producer of Partially Oriented Yarn (POY), Micro-Filament Yarn, Draw Twisted Yarn (DTY), Texturised Yarns and Fully Drawn Yarns (FDY). The company manufactures Partially Oriented Yarn (POY), Micro-Filament Yarn, Draw Twisted Yarn (DTY), Texturised Yarns and Fully Drawn Yarns (FDY). CIL Nova Petrochemicals Ltd was originally incorporated on December 17, 2003 with the name Nova Polyyarn Ltd. As per the scheme of arrangement amongst Nova Petrochemicals Ltd (now known as GSL Nova Petrochemicals Ltd) and Nova Polyyarn Ltd (now known as CIL Nova Petrochemicals Ltd) and their respective share holders and creditors, the Nova II Business, consisting of 72,202.83 sq mtrs land and construction, structures thereon, Plant and Machinery comprised of 7.5MW Turbine power generation plant, 4 lines of Partially Oriented Yarn and 4 lines of Fully Drawn Yarn, 4 numbers texturising machines and 14 number draw twisting machines, along with other fixed assets, stores, tools, spares etc. of Nova Petrochemicals Ltd were demerged and transferred to Nova Polyyarn Ltd with effect from October 21, 2009. Pursuant to the scheme, the name of the company was changed from Nova Polyyarn Ltd to CIL Nova Petrochemicals Ltd. The company's equity shares were listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) with effect from May 23, 2011.