NCL Industries soars on reporting 7% rise in cement production during Q4FY23
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NCL Industries is currently trading at Rs. 182.65, up by 3.45 points or 1.93% from its previous closing of Rs. 179.20 on the BSE.
The scrip opened at Rs. 180.30 and has touched a high and low of Rs. 185.80 and Rs. 178.80 respectively. So far 26221 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 206.80 on 13-Apr-2022 and a 52 week low of Rs. 155.25 on 06-Feb-2023.
Last one week high and low of the scrip stood at Rs. 188.75 and Rs. 178.80 respectively. The current market cap of the company is Rs. 824.14 crore.
The promoters holding in the company stood at 47.13%, while Institutions and Non-Institutions held 2.43% and 50.44% respectively.
NCL Industries has reported 7% rise in cement production to 7,02,822 Metric Tonnes (MT) in Q4FY23 as compared to 6,59,485 MT in Q4FY22. The company has dispatched 7,09,461 MT cement in Q4FY23 as compared to 6,67,674 MT in Q4FY22, i.e. up by 6%. Its Cement Boards production and Cement Boards dispatches stood at 18,762 MT and 20,587 MT respectively in fourth quarter of FY23.
NCL Industries is an India-based company that operates in five segments: Cement, Boards, Prefab structures, Hydel Power and Ready Mix Concrete. The company was incorporated in 1979, a part of NCL Group. The company is also in the business activities of Cement, Prefab, Boards, Energy, Ready Mix Concrete Division.
