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Sadhana Nitro Chem Ltd.

BSE: 506642 Sector: Industrials
NSE: N.A. ISIN Code: INE888C01016
BSE LIVE 19:40 | 19 Oct 63.45 2.95
(4.88%)
OPEN

66.85

HIGH

66.85

LOW

62.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 66.85
PREVIOUS CLOSE 60.50
VOLUME 1603
52-Week high 83.50
52-Week low 20.00
P/E 22.91
Mkt Cap.(Rs cr) 58
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 66.85
CLOSE 60.50
VOLUME 1603
52-Week high 83.50
52-Week low 20.00
P/E 22.91
Mkt Cap.(Rs cr) 58
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Sadhana Nitro Chem Ltd. (SADHANANITRO) - Company History

Sadhana Nitro Chem a public limited company was promoted by D T Javeri in Jul.'73. It manufactures and markets basic heavy organic chemicals and dye intermediates. The company has set up a plant for manufacturing meta amino phenol (MAP) with a capacity of 500 tpa with technical know-how from Biazzi, Switzerland. The company has won an award from CHEMEXCIL for its outstanding export performance. The company went public in Aug. '93 with a issue of 3.98 lac equity shares of Rs 10 each, aggregating Rs 199.06 lac, to part-finance its diversification project for the manufacture of meta amino phenol (MAP) with the technical know-how from Biazzi, Switzerland. It has a well-knit market network in countries like the UK the US, Europe, Japan, Korea, and South-East Asian countries. The company diversified into the manufacture of downstream products, viz, metanilic acid and sodium meta nitrobenzene sulphonate. The company also purchased 100% shares in the share capital of Anuchem BVBA, Belgium which has, with effect from 1st April, 1998 became a wholly owned foreign subsidiary of the company. During 1998-99, the company has been granted status of 'Golden Export House' by Directorate General of Foreign Trade, Ministry of Commerce, Government of India. The company exports constitute more than 76% of the overall sales. The company had obtained ISO-9002 for its quality system from Bureau of Indian Standard during 1999-2000. The company has allotted bonus shares in the ratio of 2:5 in 2002-03. The shares allotted were 5,84,414 equity shares.