NACL Industries surges on incorporating wholly owned subsidiary in Nigeria
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NACL Industries is currently trading at Rs. 104.95, up by 0.30 points or 0.29% from its previous closing of Rs. 104.65 on the BSE.
The scrip opened at Rs. 102.55 and has touched a high and low of Rs. 105.70 and Rs. 102.55 respectively. So far 39475 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 110.80 on 02-Jan-2023 and a 52 week low of Rs. 70.00 on 30-May-2022.
Last one week high and low of the scrip stood at Rs. 110.50 and Rs. 97.05 respectively. The current market cap of the company is Rs. 2045.41 crore.
The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 1.73% and 34.29% respectively.
NACL Industries has incorporated wholly owned subsidiary namely ‘NACL Industries (Nigeria)’ in Nigeria. The company has incorporated wholly owned subsidiary to carry the same line of business i.e mainly sales & marketing of agri-input products in Nigeria/Other African Countries. The wholly owned subsidiary is yet to commence its business operations.
NACL Industries produces a comprehensive range of pesticide Technicals and Formulations.
