Within the newest shareholding information of the corporate for the December quarter, Dolly Khanna’s identify just isn’t there within the checklist. This merely means that her shareholding within the inventory has gone beneath 1%. As of the September ended quarter, the investor held 1.31% or 5,94,533 fairness shares within the firm.
As per regulatory norms, an organization should reveal and disclose the id of all shareholders who maintain greater than 1% of its shares.
In Thursday’s buying and selling session, the shares of the corporate ended with a reduce of 1% at Rs 174.85 apiece on the NSE. As per the most recent company shareholding submitting, Khanna holds 21 shares with an estimated web price of Rs 394 crore.
The shares in her portfolio embrace
, , , , and KCP, amongst others. On a standalone foundation, the corporate’s income from operations declined sequentially to Rs 364.97 crore within the September quarter. Additionally, the corporate’s web revenue for the quarter stood at Rs 2.77 crore.
Within the final 1 12 months, NCL Industries shares have generated a unfavourable return of 23%, whereas its 3-year returns have been round 90%. The inventory’s 52-week high and low costs are Rs 156 and Rs 233 per share, respectively.
The consensus advice from 1 analyst for the inventory is Robust Purchase. The best value goal recommended for the inventory is Rs 242 which signifies a considerable upside of 32% from the present market value.
NCL Industries is a low-debt firm with e-book worth per share bettering for the final 2 years. NCL Industries or popularly generally known as Nagarjuna Cement initially established a mini cement plant in Nalgonda (now Suryapet) District to enhance the availability of scarce cement with comparatively low funding.