Nitco Limited - Update on Dealer Portal and New Franchise Showrooms opened in last 3 months

Nitco Limited (Nitco), India's most venerable tiles brand, has issued an update on creation of Dealer Portal and New Franchise Showrooms opened in last 3 months.

Dealer Portal:

As part of our effort to incorporate the latest Information Technology in the company, we have introduced the all-new NITCO dealer connect - a portal for our dealer community. This one-stop portal gives a seamless experience to the dealer to get all information on inventories, SKU's, product catalogues, industry updates, trends etc. With more dealers joining the dealer connect, the tech-enabled portal will enable us to drive analytics in an improved manner.

Newly opened Franchise Showrooms:

Headquartered in Mumbai, NITCO's pan-India presence is facilitated through display centres, franchisees and a retail network spread across the country. In the last three months alone, NITCO launched 11 franchise showrooms viz., 5 in December, 1 in January and 5 more in February. These new showrooms were opened pan India in regions like Manipur, Madhya Pradesh, Kerala, Jharkhand, Bihar, West Bengal, Punjab and more. With these additions, the total count of NITCO's Company owned and active franchise showrooms stand at 10 and 120 respectively.

Due to the ongoing support extended by NITCO towards its growing dealer family, many dealers have been able to multiply their business. NITCO also provides support by conducting mason & architect meets regularly, thereby enabling the communities with big and small projects.

Shares of NITCO LTD. was last trading in BSE at Rs.21.05 as compared to the previous close of Rs. 20.9. The total number of shares traded during the day was 2555 in over 60 trades.

The stock hit an intraday high of Rs. 21.7 and intraday low of 20.75. The net turnover during the day was Rs. 54300.

Source : Equity Bulls

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