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National Fittings Ltd.

BSE: 531289 Sector: Engineering
NSE: N.A. ISIN Code: INE643C01015
BSE LIVE 15:40 | 17 Nov 220.00 -2.75
(-1.23%)
OPEN

224.80

HIGH

224.80

LOW

216.05

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 224.80
PREVIOUS CLOSE 222.75
VOLUME 1527
52-Week high 285.00
52-Week low 195.00
P/E 20.64
Mkt Cap.(Rs cr) 183
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 224.80
CLOSE 222.75
VOLUME 1527
52-Week high 285.00
52-Week low 195.00
P/E 20.64
Mkt Cap.(Rs cr) 183
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

National Fittings Ltd. (NATIONALFITTING) - Company History

Interfit Techno Products was incorporated as a public limited company on 21 Apr.'93 to set up a plant at Kaniyur, Tamilnadu. Phase-I of the project commenced production in Jan.'95 to manufacture stainless steel pipe fittings with an installed capacity of 2.4 lac pieces. While implementing phase I, the company, sensing export market for stainless steel ball valves, expanded the manufacturing facilities by adding additional building and machinery under phase II. In Phase II, the company integrated forward into stainless steel ball valves (1200 tpa) to give value-addition to the castings it manufactures. The company raised Rs 165 lac to meet the expansion cost by floating an equity issue in Sep.'95. The commercial production of ball valves was commenced by the end of May 1996. The company has a proposal to issue 32,50,000 equity shares of the company to its promoters M/s Interfit India Ltd.