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N K Industries Ltd.

BSE: 519494 Sector: Industrials
NSE: NKIND ISIN Code: INE542C01019
BSE 00:00 | 23 May 47.90 1.65
(3.57%)
OPEN

47.90

HIGH

47.90

LOW

47.90

NSE 00:00 | 23 May 44.65 0.95
(2.17%)
OPEN

47.75

HIGH

47.75

LOW

42.15

OPEN 47.90
PREVIOUS CLOSE 46.25
VOLUME 500
52-Week high 82.40
52-Week low 30.35
P/E
Mkt Cap.(Rs cr) 29
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 47.90
CLOSE 46.25
VOLUME 500
52-Week high 82.40
52-Week low 30.35
P/E
Mkt Cap.(Rs cr) 29
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

N K Industries Ltd. (NKIND) - Company History

Formerly known as N K Oil Mills, N K Industries (NKIL) extracts and refines castor oil. A government-recognised Export House, it has doubled its refining capacities, besides adding facilities to manufacture castor oil derivatives. The project was funded by a public issue in Aug.'94. NKIL changed its conventional manufacturing process of oil milling and refining to incorporate the latest technology -- oil decanters, vertical continuous solvent extraction plant, continuous oil refining, energy-efficient hydrogenous plant and quality fatty acid production plant -- making it an integrated complex. The product (castor oil), used in the lubricant, paint, cosmetic and pharmaceutical industries, is also used in foreign countries as a major source of natural chemicals. The company exports to Europe, Brazil and the US -- the three major consumers of castor oil. NKIL received the Gujarat government's export award for 1992-93. It has set up a trading branch in London, UK, in accordance with its plan to enter the global market for agricultural commodities. In Apr.'97, it took over K V Patel & Co, a partnership firm engaged in the business of dealing in edible and non-edible oils. During the year 1998-99, the company has been declared a sick company due to the mounting losses and accordingly has been referred to BIFR for rehabilitation.