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Nath Industries Ltd.

BSE: 502587 Sector: Industrials
NSE: N.A. ISIN Code: INE777A01023
BSE 00:00 | 20 Feb 98.40 0.40
(0.41%)
OPEN

101.00

HIGH

102.90

LOW

93.30

NSE 05:30 | 01 Jan Nath Industries Ltd
OPEN 101.00
PREVIOUS CLOSE 98.00
VOLUME 655
52-Week high 122.40
52-Week low 52.25
P/E 19.45
Mkt Cap.(Rs cr) 187
Buy Price 96.00
Buy Qty 1.00
Sell Price 101.50
Sell Qty 50.00
OPEN 101.00
CLOSE 98.00
VOLUME 655
52-Week high 122.40
52-Week low 52.25
P/E 19.45
Mkt Cap.(Rs cr) 187
Buy Price 96.00
Buy Qty 1.00
Sell Price 101.50
Sell Qty 50.00

Nath Industries Ltd. (NATHINDUSTRIES) - Company History

Incorporated in 1980 as a private limited company, Rama Pulp and Papers bacame a public limited company in 1983. The company put up its plant at Vapi, Gujarat, to manufacture industrial papers with an installed capacity of 10,000 tpa. The main products of the company, M G kraft and crepe paper, enjoy a wide market in the packaging industry. It is a substitute for costlier traditional packaging material like jute bags, etc, for packing of cement, sugar, fertilisers, polystyrene pellets, minerals, gums, animal food, motors, etc. In 1986, the company expanded its capacity to 17,000 tonnes of kraft paper. In addition, it diversified its activities to produce new value-added products such as low-grammage kraft paper, coated abrasive paper and high-burst sack kraft paper. In 1989, the company proposed to establish another company called Rama Techno Paper & Allied Industries at its existing premises at Vapi. The company expanded its product base to include blue match paper used in match boxes and hard tissue paper which is used for carbon paper, bidi, ciggarette wrappers, tracing paper, kites and colour tissues used in decoration. The company is heading towards a total capacity of 25,300 tpa for value-added papers and 18,000 tpa for kraft paper. The company has now been taken over by Nath Pulp, the flagship of the Nath group. The proposed amalgamation is to enable pooling of resources of both companies to face competition better.