Last 0.91 INR
Change Today +0.06 / 7.06%
Volume 3.3K
NICC On Other Exchanges
Symbol
Exchange
Natl India
As of 1:24 AM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

nicco corp ltd (NICC) Snapshot

Open
0.99
Previous Close
0.85
Day High
0.99
Day Low
0.91
52 Week High
06/24/14 - 1.26
52 Week Low
11/1/13 - 0.30
Market Cap
101.8M
Average Volume 10 Days
20.6K
EPS TTM
-1.04
Shares Outstanding
111.9M
EX-Date
03/22/99
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for NICCO CORP LTD (NICC)

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nicco corp ltd (NICC) Details

Nicco Corporation Limited manufactures and sells power cables in India. The company operates in two divisions, Cable and Project. The Cable division produces a range of power, control, instrumentation, and telecom cables; and provides various engineering services and executes turnkey projects. This division offers aircraft and air field cables, fire retardant low smoke cables for power and control applications, fire survival cables, automobile cables, oil rig cables/cables for oil exploration, copper conductors, cables for cranes, elevator cables, furnace and high temperature cables, marine cables, general cables and flexible cords, power cables, mining cables, cables and conductors for railway transportation, and cables used in materials handling. The Project division provides engineering, procurement, and construction contract services to the oil refining, oil and gas handling and processing, chemical, and petrochemical industries. Its services include process design, detailed engineering, project management, procurement, fabrication and assembly of process modules, construction, commissioning, and operation of various types of process plants. The company was formerly known as Telelink Nicco Limited and changed its name to Nicco Corporation Limited in May 1993. Nicco Corporation Limited was founded in 1942 and is based in Kolkata, India.

Founded in 1942

nicco corp ltd (NICC) Top Compensated Officers

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Executives, Board Directors

nicco corp ltd (NICC) Key Developments

Nicco Corp. Ltd. Announces Audited Earnings Results for the Fourth Quarter and Year Ended March 31, 2014

Nicco Corp. Ltd. announced audited earnings results for the fourth quarter and year ended March 31, 2014. For the quarter, the company reported net sales of INR 546.1 million against INR 756.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 34.0 million against INR 102.6 million a year ago. Loss from ordinary activities before tax was INR 124.7 million against profit from ordinary activities before tax of INR 6.2 million a year ago. Net loss was INR 124.7 million or INR 1.03 per basic and diluted share before and after extraordinary items against net profit of INR 6.2 million or INR 0.03 per basic and diluted share before and after extraordinary items a year ago. For the year, the company reported net sales of INR 2,233.0 million against INR 2,431.8 million a year ago. Profit from operations before other income, interest and exceptional items was INR 22.9 million against INR 179.5 million a year ago. Loss from ordinary activities before tax was INR 328.4 million against INR 218.9 million a year ago. Net loss was INR 328.4 million or INR 2.73 per basic and diluted share before and after extraordinary items against INR 250.3 million or INR 2.00 per basic and diluted share before and after extraordinary items a year ago.

Nicco Corp. Ltd., Board Meeting, May 16, 2014

Nicco Corp. Ltd., Board Meeting, May 16, 2014. Agenda: To consider the audited results; to consider appointment Key Managerial Personnel; to consider rechristening of the present shareholders' grievances committee to stakeholders relationship cum grievance committee in compliance to Section 178 of the Companies Act, 2013; and to consider rechristening of the present compensation & remuneration committee' to nomination & remuneration committee pursuant to Section 178 of the Companies Act, 2013.

Nicco Corp. Ltd. Announces Management Changes

Nicco Corp. Ltd. announced that the Board of Directors of the Company at its meeting held on February 12, 2014, the board approved the retirement of Mr. Udayan Ray as Managing Director & CFO of the company from the close of March 31, 2014 and continuance as Non-Executive Vice Chairman of the company with effect from April 01, 2014. The Board approved the appointment and payment of remuneration to Mr. Swapan Kumar Mukherjee, as Managing Director of the company with effect from April 01, 2014. Mr. Manash Chakraborty, Nominee Director of Asset Reconstruction Company (India) Limited (ARCIL), has been appointed as an Additional Director of the Company, with effect from February 12, 2014, to hold office until the date of the forthcoming Annual General Meeting of the company.

 

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