NK Industries Ltd. (Formerly known as N K Oil Mills Pvt Ltd) was incorporated in 1987 and converted into Public Limited Company in 1992. The Company is involved in the manufacturing of castor oil and its derivatives like HCO and 12HSA. A Government-recognised Export House, the Company has doubled its refining capacities, besides adding facilities to manufacture castor oil derivatives. The project was funded by a public issue in Aug.'94.
The Company changed its conventional manufacturing process of oil milling and refining to incorporate the latest technology, oil decanters, vertical continuous solvent extraction plant, continuous oil refining, energy-efficient hydrogenous plant and quality fatty acid production plant, thus making it an integrated complex.
With state of the art manufacturing plant, their factory is equipped with oil decanters, vertical continuous solvent extraction plant, continuous oil refining, energy-efficient hydrogenous plant, and quality fatty acid production plant. The product (castor oil), used in the lubricant, paint, cosmetic and pharmaceutical industries, is used in foreign countries as a major source of natural chemicals. The Company exports to Europe, Brazil and the US, the three major consumers of castor oil.
It has set up a trading branch in London, UK, in accordance with its plan to enter the global market for agricultural commodities. In Apr.'97, it took over K V Patel & Co, a partnership firm engaged in the business of dealing in e ...dible and non-edible oils.
During year 1998-99, the Company was declared a Sick unit due to the mounting losses and accordingly was referred to BIFR for rehabilitation.
FAQs on N K Industries Ltd
1. Can I buy N K Industries Ltd from PL Capital? ›
Yes, you can invest in N K Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track N K Industries Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade N K Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does N K Industries Ltd pay dividends? ›
N K Industries Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of N K Industries Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for N K Industries Ltd. is ₹ 64.37 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of N K Industries Ltd ? ›
The 52-week high and low of N K Industries Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
