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IFB Agro Industries Ltd.

BSE: 507438 Sector: Consumer
NSE: IFBAGRO ISIN Code: INE076C01018
BSE 14:32 | 23 Oct 339.75 9.45
(2.86%)
OPEN

338.45

HIGH

343.65

LOW

333.05

NSE 14:29 | 23 Oct 340.60 11.25
(3.42%)
OPEN

345.50

HIGH

345.50

LOW

329.90

OPEN 338.45
PREVIOUS CLOSE 330.30
VOLUME 856
52-Week high 478.35
52-Week low 147.30
P/E 17.07
Mkt Cap.(Rs cr) 318
Buy Price 339.05
Buy Qty 7.00
Sell Price 340.20
Sell Qty 1.00
OPEN 338.45
CLOSE 330.30
VOLUME 856
52-Week high 478.35
52-Week low 147.30
P/E 17.07
Mkt Cap.(Rs cr) 318
Buy Price 339.05
Buy Qty 7.00
Sell Price 340.20
Sell Qty 1.00

IFB Agro Industries Ltd. (IFBAGRO) - Company History

Incorporated in Jan.'82, IFB Agro Industries under the name Nag Bottling and Packaging Company. It became a public limited company in 1986 under the present name. It has been promoted by Bijon Nag, a qualified and experienced mechanical engineer. The company is engaged in the manufacture and marketing of extra neutral alcohol, Indian Made Foreign Liquor (IMFL) and marine products. Industrial alcohol has a wide variety of uses mainly in the pharmaceutical, chemical and homeopathic drug making industry. It is also used in the manufacture of a number of other organic components. The company has a technical collaboration with Starcosa, West Germany. Its second IMFL manufacturing unit at Maheshtala has started production. During 1997-98, the company has taken over an existing facility at Serampore for bottling of Country Spirit in Sep, 1997 and it has commenced production from Dec, 1997. In 1999-2000, the Company's Modernisation programme has been successfully completed. The Subsidiary companies,IFB Automotive Seating & Systems Pvt Ltd,NurpurGases Pvt Ltd and Asansol Bottling & Packing Co Pvt Ltd has divested its holdings during 2001-02.

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