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Indo Borax & Chemicals Ltd.

BSE: 524342 Sector: Industrials
NSE: N.A. ISIN Code: INE803D01013
BSE LIVE 15:16 | 24 Nov 315.35 0.30
(0.10%)
OPEN

315.00

HIGH

320.00

LOW

315.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 315.00
PREVIOUS CLOSE 315.05
VOLUME 1703
52-Week high 351.00
52-Week low 211.50
P/E 12.75
Mkt Cap.(Rs cr) 101
Buy Price 315.35
Buy Qty 37.00
Sell Price 318.95
Sell Qty 220.00
OPEN 315.00
CLOSE 315.05
VOLUME 1703
52-Week high 351.00
52-Week low 211.50
P/E 12.75
Mkt Cap.(Rs cr) 101
Buy Price 315.35
Buy Qty 37.00
Sell Price 318.95
Sell Qty 220.00

Indo Borax & Chemicals Ltd. (INDOBORAXCH) - Company History

Indo Borax and Chemicals Limited (IBCL) is an India-based company. The Company is engaged in the manufacturing and selling of chemicals. Its product portfolio includes BORIC ACID (Tech. Grade) Powder, BORIC ACID (Tech. Grade) Granular, Boric Acid ( I. P.), Borax Decahydrate Granular and Borax Decahydrate Crystal. The Companys plant is located in Pithampur, Madhya Pradesh. Its BORIC ACID (Tech. Grade) Powder is used for fluxes and metallurgical operation, such as welding, paste fluxes and soldering fluxes. The Companys subsidiary is Indoborax Infrastructure Pvt. Ltd (IIPL). Indo Borax came into existence in 1980 and the company establsiehd its first Boric Acid plant at Asangaon in Maharashtra in the year 1981, followed by the establishment of a Borax plant in 1983. The stock of the company was offered to Public in 1993, resulting in an overwhelming response from investors and was oversubscribed over 1600%. Today, Indo Borax operates a most modern Boric Acid and Borax plant at Pithampur, Madhya Pradesh. Situated near the commercially important town of Indore in the heart of the country, the plant is well connected by an efficient transport network to all parts of India. The plant employs continuous process and is fully capable of generating its own power requirements. The plant also enjoys the approval of Food and Drug Administration for manufacturing pharmaceutical grade of Boric Acid. During the fiscal year ended March 31, 2010 (fiscal 2010), the Company produced 6,123 million tons of boron products. During fiscal 2010, the Comapny had an installed capacity of 14,400 boron products.