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Nahar Industrial Enterprises Ltd.

BSE: 519136 Sector: Industrials
NSE: NAHARINDUS ISIN Code: INE289A01011
BSE 15:13 | 17 Aug 66.50 1.05
(1.60%)
OPEN

65.60

HIGH

66.50

LOW

65.25

NSE 15:04 | 17 Aug 67.15 1.45
(2.21%)
OPEN

65.35

HIGH

67.40

LOW

65.00

OPEN 65.60
PREVIOUS CLOSE 65.45
VOLUME 289
52-Week high 121.60
52-Week low 58.00
P/E 15.39
Mkt Cap.(Rs cr) 265
Buy Price 65.70
Buy Qty 48.00
Sell Price 67.10
Sell Qty 52.00
OPEN 65.60
CLOSE 65.45
VOLUME 289
52-Week high 121.60
52-Week low 58.00
P/E 15.39
Mkt Cap.(Rs cr) 265
Buy Price 65.70
Buy Qty 48.00
Sell Price 67.10
Sell Qty 52.00

Nahar Industrial Enterprises Ltd. (NAHARINDUS) - Chairman Speech

Company chairman speech

NAHAR INDUSTRIAL ENTERPRISES LIMITED ANNUAL REPORT 2004-2005 CHAIRMAN'S REPORT Chairman's Message In a changing world, the only thing that is permanent is the process of change itself. It is imperative for a corporate entity to be receptive to change and infuse dynamism into its state of mind. At Nahar Industrial Enterprises Limited, we believe this adaptability is our greatest strength and will keep us ahead on the road to the future. Your company possesses another intrinsic strength - that of synergized operations and diverse activities comprising composite textiles and sugar. An organization that possess complete integrated textile units right from spinning - weaving - processing to readymade garments. With the objective of bringing unity and control of operations, Nahar International Limited and Nahar Sugar & Allied Industries Limited have been amalgamated with the company - a conscious business decision that has had wide-reaching impact on our economies of scale. What's more, this strategic move has led to better utilization of resources, reduced cost overlapping and more cohesive operations of the organization. The surplus power generated by the sugar unit is being productively utilized within the company itself, lending it a competitive edge. Recognizing the textiles sector to be our area of proven prowess, we have steadily and surely built up our dominance on the domestic and global arena. In today's quota - free world, markets are no longer bound by geographical frontiers. A recent WTO study places India second only to China in the race to feed international demand. If India is to double its share in the world textile trade, Indian companies must scale up, improve customer relations and consolidate resources. In response to emerging trends, Nahar Industrial Enterprises has not only expanded and upgraded its diverse facilities but also introduced a readymade garments brand named Cotton County in the domestic market. The world-class quality of yarn, greige fabrics and processed fabrics manufactured by the company has earned it a reputed clientele of some of the biggest names in the global readymade apparel industry. With major markets in its kitty, your company is taking the world in its stride. As tomorrow dawns and newer trends rise to conquer, Nahar Industrial Enterprises is geared to harness its power of synergy and raise the bar even further. The future augurs well for the company as its journey towards 'integrated' success gathers momentum. With best wishes Jawahar Lal Oswal Chairman