You are here » Home » Companies » Company Overview » N K Industries Ltd

N K Industries Ltd.

BSE: 519494 Sector: Industrials
NSE: NKIND ISIN Code: INE542C01019
BSE 10:55 | 20 Nov 44.00 -3.95
(-8.24%)
OPEN

44.00

HIGH

44.00

LOW

44.00

NSE 10:46 | 20 Nov 48.85 -0.90
(-1.81%)
OPEN

49.25

HIGH

49.25

LOW

48.85

OPEN 44.00
PREVIOUS CLOSE 47.95
VOLUME 800
52-Week high 82.40
52-Week low 33.30
P/E 17.46
Mkt Cap.(Rs cr) 26
Buy Price 46.10
Buy Qty 10.00
Sell Price 48.85
Sell Qty 100.00
OPEN 44.00
CLOSE 47.95
VOLUME 800
52-Week high 82.40
52-Week low 33.30
P/E 17.46
Mkt Cap.(Rs cr) 26
Buy Price 46.10
Buy Qty 10.00
Sell Price 48.85
Sell Qty 100.00

N K Industries Ltd. (NKIND) - Company History

Formerly known as N K Oil Mills, N K Industries (NKIL) extracts and refines castor oil. A government-recognised Export House, it has doubled its refining capacities, besides adding facilities to manufacture castor oil derivatives. The project was funded by a public issue in Aug.'94. NKIL changed its conventional manufacturing process of oil milling and refining to incorporate the latest technology -- oil decanters, vertical continuous solvent extraction plant, continuous oil refining, energy-efficient hydrogenous plant and quality fatty acid production plant -- making it an integrated complex. The product (castor oil), used in the lubricant, paint, cosmetic and pharmaceutical industries, is also used in foreign countries as a major source of natural chemicals. The company exports to Europe, Brazil and the US -- the three major consumers of castor oil. NKIL received the Gujarat government's export award for 1992-93. It has set up a trading branch in London, UK, in accordance with its plan to enter the global market for agricultural commodities. In Apr.'97, it took over K V Patel & Co, a partnership firm engaged in the business of dealing in edible and non-edible oils. During the year 1998-99, the company has been declared a sick company due to the mounting losses and accordingly has been referred to BIFR for rehabilitation.