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Nahar Industrial Enterprises Ltd.

BSE: 519136 Sector: Industrials
NSE: NAHARINDUS ISIN Code: INE289A01011
BSE LIVE 10:07 | 21 Nov 97.30 1.60
(1.67%)
OPEN

96.10

HIGH

97.30

LOW

96.00

NSE 10:08 | 21 Nov 96.70 0.75
(0.78%)
OPEN

95.95

HIGH

97.45

LOW

95.60

OPEN 96.10
PREVIOUS CLOSE 95.70
VOLUME 850
52-Week high 149.70
52-Week low 88.00
P/E 19.46
Mkt Cap.(Rs cr) 388
Buy Price 96.20
Buy Qty 1028.00
Sell Price 97.30
Sell Qty 50.00
OPEN 96.10
CLOSE 95.70
VOLUME 850
52-Week high 149.70
52-Week low 88.00
P/E 19.46
Mkt Cap.(Rs cr) 388
Buy Price 96.20
Buy Qty 1028.00
Sell Price 97.30
Sell Qty 50.00

Nahar Industrial Enterprises Ltd. (NAHARINDUS) - Chairman Speech

Company chairman speech

NAHAR INDUSTRIAL ENTERPRISES LIMITED ANNUAL REPORT 2004-2005 CHAIRMAN'S REPORT Chairman's Message In a changing world, the only thing that is permanent is the process of change itself. It is imperative for a corporate entity to be receptive to change and infuse dynamism into its state of mind. At Nahar Industrial Enterprises Limited, we believe this adaptability is our greatest strength and will keep us ahead on the road to the future. Your company possesses another intrinsic strength - that of synergized operations and diverse activities comprising composite textiles and sugar. An organization that possess complete integrated textile units right from spinning - weaving - processing to readymade garments. With the objective of bringing unity and control of operations, Nahar International Limited and Nahar Sugar & Allied Industries Limited have been amalgamated with the company - a conscious business decision that has had wide-reaching impact on our economies of scale. What's more, this strategic move has led to better utilization of resources, reduced cost overlapping and more cohesive operations of the organization. The surplus power generated by the sugar unit is being productively utilized within the company itself, lending it a competitive edge. Recognizing the textiles sector to be our area of proven prowess, we have steadily and surely built up our dominance on the domestic and global arena. In today's quota - free world, markets are no longer bound by geographical frontiers. A recent WTO study places India second only to China in the race to feed international demand. If India is to double its share in the world textile trade, Indian companies must scale up, improve customer relations and consolidate resources. In response to emerging trends, Nahar Industrial Enterprises has not only expanded and upgraded its diverse facilities but also introduced a readymade garments brand named Cotton County in the domestic market. The world-class quality of yarn, greige fabrics and processed fabrics manufactured by the company has earned it a reputed clientele of some of the biggest names in the global readymade apparel industry. With major markets in its kitty, your company is taking the world in its stride. As tomorrow dawns and newer trends rise to conquer, Nahar Industrial Enterprises is geared to harness its power of synergy and raise the bar even further. The future augurs well for the company as its journey towards 'integrated' success gathers momentum. With best wishes Jawahar Lal Oswal Chairman