HDFC Securities has buy call on
NOCIL with a target price of Rs 273. The current market price of
NOCIL Ltd. is Rs 233.75.
NOCIL Ltd., incorporated in the year 1961, is a Small Cap company (having a market cap of Rs 3901.18 Crore) operating in Chemicals sector.
NOCIL Ltd. key Products/Revenue Segments include Duty Drawback, Other Operating Revenue and Scrap for the year ending 31-Mar-2022.
Financials For the quarter ended 30-06-2023, the company reported a Consolidated Total Income of Rs 401.66 Crore, up 1.52 % from last quarter Total Income of Rs 395.66 Crore and down -21.24 % from last year same quarter Total Income of Rs 509.95 Crore. Company reported net profit after tax of Rs 34.30 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 33.84 per cent stake in the company as of 30-Jun-2023, while FIIs owned 5.44 per cent, DIIs 4.66 per cent.
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