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NCL Industries Ltd.

BSE: 502168 Sector: Industrials
NSE: NCLIND ISIN Code: INE732C01016
BSE 00:00 | 18 Jul 153.50 -1.80
(-1.16%)
OPEN

155.95

HIGH

157.05

LOW

150.95

NSE 00:00 | 18 Jul 152.65 -2.60
(-1.67%)
OPEN

158.45

HIGH

158.45

LOW

151.95

OPEN 155.95
PREVIOUS CLOSE 155.30
VOLUME 1076
52-Week high 310.00
52-Week low 135.90
P/E 14.13
Mkt Cap.(Rs cr) 694
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 155.95
CLOSE 155.30
VOLUME 1076
52-Week high 310.00
52-Week low 135.90
P/E 14.13
Mkt Cap.(Rs cr) 694
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

NCL Industries Ltd. (NCLIND) - Company History

NCL Industries (formerly known as Nagarjuna Cement) promoted by K Ramachandra Raju and Associates. The company got its present name in view of its diversified activities. The company set up mini cement plant initially with the capacity of 66,000 Tonnes Per annum. The Plant commenced its commercial production in February 1984. The current capacity of the company has increased to 2,97,000 TPA. The cement manufactured by the company has a good brand loyalty built up over the years and commands a premium price in the competitive cement market. Major portion of the cement produced by the company is marketed in six districts of Andhra Pradesh. NCL diversified its business activity to manufacture 30,000 TPA of Cement-bonded wood particle boards at the existing location adjacent to its cement plant in the year 1989. To provide value-addition and increase sales, it has developed a laminating process for laminated boards. NCL has set up a bone china plant with the installed capacity of 360 TPA, at Dommeru, about 400 kms from Hyderabad, the only plant in south India using natural gas as fuel. The company is also into prefab systems housing, for which it has acquired and developed technology, using cement board and thin-guage roll-formed sections. NCL has installed a Diesel Generator set with 2850 KVA, which will enable the company to improve the capacity utilisation to 110% and reduce the power consumption. It is introducing laminated boards, a high value product in the market. The company is planning to develop laminated Boards and other versions of prefab to suit special needs. The company has also hived off its Ceramic Division to M/s Vijaya Porcealin Products Ltd. During the year the company implemented the project for Energy Saving with financial assistance from IREDA. It has sanctioned a term loan of Rs.320 lakhs for installation of Energy Saving Equipment at the existing cement factory.