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CIL Nova Petrochemicals Ltd.

BSE: 533407 Sector: Industrials
NSE: CNOVAPETRO ISIN Code: INE672K01025
BSE 10:38 | 15 Jun 15.05 0.35
(2.38%)
OPEN

15.40

HIGH

15.40

LOW

14.55

NSE 05:30 | 01 Jan CIL Nova Petrochemicals Ltd
OPEN 15.40
PREVIOUS CLOSE 14.70
VOLUME 1128
52-Week high 19.75
52-Week low 4.48
P/E
Mkt Cap.(Rs cr) 41
Buy Price 14.90
Buy Qty 45.00
Sell Price 15.05
Sell Qty 81.00
OPEN 15.40
CLOSE 14.70
VOLUME 1128
52-Week high 19.75
52-Week low 4.48
P/E
Mkt Cap.(Rs cr) 41
Buy Price 14.90
Buy Qty 45.00
Sell Price 15.05
Sell Qty 81.00

CIL Nova Petrochemicals Ltd. (CNOVAPETRO) - Company History

CIL Nova Petrochemicals Ltd is a leading producer of Partially Oriented Yarn (POY) Micro-Filament Yarn Draw Twisted Yarn (DTY) Texturised Yarns and Fully Drawn Yarns (FDY). The company manufactures Partially Oriented Yarn (POY) Micro-Filament Yarn Draw Twisted Yarn (DTY) Texturised Yarns and Fully Drawn Yarns (FDY).CIL Nova Petrochemicals Ltd was originally incorporated on December 17 2003 with the name Nova Polyyarn Ltd. As per the scheme of arrangement amongst Nova Petrochemicals Ltd (now known as GSL Nova Petrochemicals Ltd) and Nova Polyyarn Ltd (now known as CIL Nova Petrochemicals Ltd) and their respective share holders and creditors the Nova II Business consisting of 72202.83 sq mtrs land and construction structures thereon Plant and Machinery comprised of 7.5MW Turbine power generation plant 4 lines of Partially Oriented Yarn and 4 lines of Fully Drawn Yarn 4 numbers texturising machines and 14 number draw twisting machines along with other fixed assets stores tools spares etc. of Nova Petrochemicals Ltd were demerged and transferred to Nova Polyyarn Ltd with effect from October 21 2009. Pursuant to the scheme the name of the company was changed from Nova Polyyarn Ltd to CIL Nova Petrochemicals Ltd.The company's equity shares were listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) with effect from May 23 2011.