NCL Industries gains on reporting 4% rise in cement production during Q4FY24
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NCL Industries is currently trading at Rs. 218.75, up by 3.25 points or 1.51% from its previous closing of Rs. 215.50 on the BSE.
The scrip opened at Rs. 218.40 and has touched a high and low of Rs. 219.85 and Rs. 213.50 respectively. So far 14363 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 258.25 on 12-Feb-2024 and a 52 week low of Rs. 173.65 on 29-May-2023.
Last one week high and low of the scrip stood at Rs. 223.70 and Rs. 210.05 respectively. The current market cap of the company is Rs. 992.86 crore.
The promoters holding in the company stood at 43.71%, while Institutions and Non-Institutions held 5.22% and 51.08% respectively.
NCL Industries has reported 4% rise in cement production to 729,655 Metric Tonnes (MT) in Q4FY24 as compared to 702,822 MT in Q4FY23. The company has dispatched 738,782 MT cement in Q4FY24 as compared to 709,461 MT in Q4FY23, i.e. up by 4%. Its Cement Boards production and Cement Boards dispatches stood at 21,976 MT and 21,651 MT respectively in Q4FY24.
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.
