International Conveyors Share Price

International Conveyors Limited (ICL) is an India-based company. The Company is engaged in manufacturing of polyvinyl chloride (PVC) conveyor belt solutions for the mining sector and across all the industries. It manufactures solid-woven, fabric-reinforced, polyvinyl chloride (PVC)-impregnated and PVC-coated fire retardant anti-static conveyor belting. It has three segments: conveyor belting, wind energy and unallocated/corporate. The conveyor belting segment manufactures and sells PVC conveyor belting. The wind energy segment generates, supplies and sells wind power (electricity). The unallocated/ corporate segment includes corporate, administrative and financing activity. International Conveyors Limited was incorporated in 1973 by Kolkata (INDIA) based entrepreneur Mr. R.K. Dabriwala. Commercial production in Aurangabad plant started in 1979. ICL is an ISO 9001:2008 certified company, accredited by Bureau Veritas. It enjoys around 45% share of the Indian underground PVC mine conveyor belt market. Purchases in India are made through global and domestic tenders and ICL has demonstrated time and again its global competitiveness. Besides manufacturing for Indian market, ICL also manufactures and exports large volume of PVC Belts to USA, Canada, South Africa and Australia as per the fire resistant anti static standards for fire hazardous application of the respective countries. As of March 31, 2010, it had installed capacity of 7,00,800 meters of PVC fire resistant antistatic solid woven and 4,20,000 meters of conveyor belting V- belts. During the fiscal year ended March 31, 2010, it had production of 3,49,330 meters of PVC fire resistant antistatic solid woven coal conveyor belting.