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About N K Industries
Formerly known as N K Oil Mills, N K Industries (NKIL) extracts and refines castor oil. A government-recognised Export House, it has doubled its refining capacities, besides adding facilities to manufacture castor oil derivatives. The project was funded by a public issue in Aug.'94.
NKIL 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 -- making it an integrated complex.
The product (castor oil), used in the lubricant, paint, cosmetic and pharmaceutical industries, is also 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. NKIL received the Gujarat government's export award for 1992-93.
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 edible and non-edible oils.
During the year 1998-99, the company has been declared a sick company due to the mounting losses and accordingly has been referred to BIFR for rehabilitation.
Parent Organisation
Indian Private
Managing Director
Nimish K Patel
Founded
1987
NSE Symbol
NKIND
Peer Comparision
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N K Industries Ltd FAQs
What is the share price of N K Industries Ltd (NKIND) shares?
N K Industries Ltd (NKIND) share price as of May 30, 2024, on NSE is Rs 2,851.15 (NSE) and Rs 2,860.00 (BSE) on BSE.
Can I buy N K Industries Ltd (NKIND) from Angel One?
Yes, You can buy N K Industries Ltd (NKIND) shares by opening a Demat account with Angel One.
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N K Industries Ltd (NKIND) share can be bought through the following modes:
1. Direct investment: You can buy N K Industries Ltd (NKIND) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to N K Industries Ltd (NKIND) shares.
1. Direct investment: You can buy N K Industries Ltd (NKIND) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to N K Industries Ltd (NKIND) shares.
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