Indian Card Clothing Company Ltd Share Price (INDIANCARD)

Indian Card Clothing Company (ICCCL) is a joint venture between two British companies - The English Card Clothing Company and Carclo Engineering Group, and was incorporated as a private limited company in July 1955, originally manufacturing card clothing suitable for all types of fibres. Today, ICCCL holds a 100 EOU at Ahmedabad and boasts ISO 9002 recognition from the Bureau Veritas Quality International. Since December 1993, after the completion of a rights issue premium amount of Rs 10.4 crore, ICCCL has made numerous investments - namely in a joint venture with Spindelfabrik Suessen Schurr Stahlecker Grill Germany; involving in a joint venture with Texmaticc India Ltd; and investing in the Residential housing Project of Nirvan Builders and Developers Ltd. The company also holds 60% of the issued share capital of Garnett Wire Ltd, a U.K. based company. Furthermore, the company's R&D centre is beginning to make a contribution to the development of newer and improved products and processes. It is also planning to develop new products for carding applications along with the improvement of their processes.

Share Price: ₹275.20 per share as on 24 Apr, 2024 04:01 PM
Market Capitalisation: ₹161.90Cr as of today
Revenue: ₹12.63Cr as on December 2023 (Q4 23)
Net Profit: ₹0.83Cr as on December 2023 (Q4 23)
Listing date: 08 Oct, 1996
Chairperson Name: Prashant K Trivedi