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NOCIL Ltd., incorporated in 1961, manufactures rubber chemicals which are used by the tyre industry and other rubber processing industries.It is a part ofArvind Mafatlal Groupand is theLargest Rubber Chemicals Manufacturer in India.
NOCIL Q1 FY27: Revenue jumped 20% YoY to Rs 403 Cr, with EBITDA up 48% to Rs 45 Cr, and margins at 11.2%. Volume growth was 9% YoY, despite temporary supply challenges. Management projects FY27 revenue of Rs 1,400-1,600 Cr and ~10% EBITDA, targeting 10% volume growth. New TDQ plant...
NOCIL: Promoter Sharda P. Rungta has unpledged 35,000 equity shares. Her total pledged holdings now stand at 115,000 shares, down from 150,000 shares previously. This reduces the percentage of pledged shares to 0.11% of total share capital from 0.15%. A small reduction in promoter pledging, which is generally seen as...