NCL Industries Ltd to set up 110 TPH cement grinting unit

The Board of dirctors of NCL Industries Ltd in principle approved the proposal to set up 110 TPH Cement Grinding and Packing Unit at Line III-Phase 2 at Mattapalli at an estimated cost of around Rs. 105 Crores to be financed by a debt of Rs.75 crores and balance Rs. 30 crores to be met out of internal accruals. The project is expected to be completed in 18 months from the date of its financial closure.

Shares of NCL INDUSTRIES LTD. was last trading in BSE at Rs.184.7 as compared to the previous close of Rs. 182.4. The total number of shares traded during the day was 43890 in over 939 trades.

The stock hit an intraday high of Rs. 188 and intraday low of 180. The net turnover during the day was Rs. 8106305.

Source : Equity Bulls

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