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Lords Chloro Alkali Ltd.

BSE: 500284 Sector: Industrials
NSE: MODIALKALI ISIN Code: INE846D01012
BSE LIVE 15:26 | 24 Nov 42.85 0.75
(1.78%)
OPEN

42.00

HIGH

42.85

LOW

41.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 42.00
PREVIOUS CLOSE 42.10
VOLUME 1030
52-Week high 45.20
52-Week low 27.20
P/E 41.20
Mkt Cap.(Rs cr) 108
Buy Price 41.70
Buy Qty 25.00
Sell Price 42.85
Sell Qty 75.00
OPEN 42.00
CLOSE 42.10
VOLUME 1030
52-Week high 45.20
52-Week low 27.20
P/E 41.20
Mkt Cap.(Rs cr) 108
Buy Price 41.70
Buy Qty 25.00
Sell Price 42.85
Sell Qty 75.00

Lords Chloro Alkali Ltd. (MODIALKALI) - Company History

Incorporated in Mar.'79, Modi Alkali & Chemicals (MACL) obtained its certificate for business commencement in Mar.'81. After the split among the promoter companies, at present, it is controlled by MPL, MIL and the K N Modi group. The promoters have interests in Modipon, MIL, MCL and Modi Cement. MACL came out with a rights issue of 44.78 lac equity shares at a premium of Rs 20, aggregating 13.43 cr. The object of the issue was to augment long-term working capital needs, expand its caustic soda plant and install an aluminium chloride plant. The products of the company include caustic soda, liquid chlorine, hydrochloric acid, bleach liquor, bleaching powder, TCE and sodium hypo. The company sells its products to bulk consumers. The company has a technical collaboration with Asahi Chemicals Japan, for know-how of the membrane cell technology to manufacture caustic soda. The company exports to Nepal, Bangladesh, South Africa, UK, Australia, etc. Company has modernised the existing Mercury Cell Plant of 200 TPD into Membrane Cell Plant. The company is producing another DG set which is expected to be commenced very soon which will take the production upto 70 MT.