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|Name||Sep 22||Jun 22|
|Mutual Funds (Change:0.00)||0%||0%|
|Insurance Companies (Change:0.00)||0%||0%|
|Other DIIs (Change:0.00)||0%||0%|
|Non Institution (Change:-0.00)||34.38%||34.38%|
This tools helps you project your potential return on investments for the given stock, for a specified amount over a per-defined period of time.
If I had made LUMPSUM investment of ₹ 1,00,000
in NATIONAL GENERAL INDUSTRIES LTD.
My investment would be worth ₹ 1,41,900 with a Gain of 41.90 %
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Today's live share price for NATIONAL GENERAL INDUSTRIES LTD. is NSE: N/A, BSE: ₹ 205.00 with a current market capitalization of .
National General Industries commenced operations as a sole proprietorship concern in 1967 by Ashok Kumar Gupta, which was converted into a partnership firm in 1986. The firm was in the business of rolling constructional steels. A private limited company, National General Industries Pvt Ltd, was incorporated in Jan.'87 to take over the business of the joint stock company. Subsequently, it was converted into a public limited company in Sep.'93. In 1987-88, the original promoters transferred majority of their shareholding in favour of A K Modi, P K Modi and their family members. When the present promoters took over the management of the company, a 450 mm rolling mill and a 250 mm rolling mill were in operation. The production capacity was 9600 tpa. A 300 mm rolling mill was installed in Sep.'94, replacing the 250 mm rolling mill and also modified the billet re-heating furnace, which enhanced the capacity to 15,000 tpa. The company replaced the 300 mm rolling mill with a 325 mm rolling mill in May '95. Presently, the company produces round and square billets at its 325 mm and 450 mm rolling mills, at Ghaziabad, Uttar Pradesh. An expansion-cum-diversification project was undertaken by the company in 1995-96, to expand the capacity of the rolling mills from 15,000 tpa to 33,000 tpa and setting up a forging unit with a capacity of 2240 tpa. It came out with a public issue in Feb.'96 to part-finance its project and to augment long term working capital. In 1997-98, inspite of the bad economical conditions which adversely effected the steel industry's growth, the profit after tax of the company has increased by over 43% as compare to the previous year.Read more