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Citadel Realty & Developers Ltd.

BSE: 502445 Sector: Infrastructure
NSE: N.A. ISIN Code: INE906D01014
BSE 00:00 | 18 Jul 33.20 -1.70
(-4.87%)
OPEN

33.25

HIGH

33.25

LOW

33.20

NSE 05:30 | 01 Jan Citadel Realty & Developers Ltd
OPEN 33.25
PREVIOUS CLOSE 34.90
VOLUME 75
52-Week high 47.50
52-Week low 21.78
P/E 31.32
Mkt Cap.(Rs cr) 25
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 33.25
CLOSE 34.90
VOLUME 75
52-Week high 47.50
52-Week low 21.78
P/E 31.32
Mkt Cap.(Rs cr) 25
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Citadel Realty & Developers Ltd. (CITADELREALTY) - Company History

A medium-sized paper manufacturing unit Citadel Realty (Formerly Known as Rohit Pulp & Paper Mills) (an AJM Patel group company) is engaged in the manufacture of pulp and different varieties of writing and printing papers. It also manufactures superior qualities of rag-content writing and printing papers. The company diversified into the manufacture of secondary lead and alloys and set-up a metal division at Daman. The company is the pioneer in introducing the technology for the manufacture of bleached varieties of printing and writing paper from rice straw and agricultural waste thus helping the nation in the conservation of its precious forest resources. The company received the National Energy Conservation Award for three consecutive years from the IBPL Urja Energy Conservation Board and has been acknowledged by the Government of India for its outstanding record in the field of energy conservation.RPPM has undergone modernisation-cum-expansion of its pulp mills and has achieved flexibility in using bagasse as an alternative raw material. It's plant to generate electricity by installing wind turbine generators for its captive consumption was commissioned during 1996-97 at a cost of Rs 19.50 crores. Company already commissioned Diesel Generating Set & Bagasse Fired Boiler for saving in the energy cost. The company has become potentially sick company as the accumulated losses of the company has exceeded the net worth. Subsequent to this the company made reference to BIFR to consider the proposal for the rehabilitation of the company.