CIL Nova Petrochemicals Limited
CNOVAPETRO.NS
National Stock Exchange of India16.05
INR
- -
- -
ISIN
INE672K01025
CUSIP
Y1628Q121
Return %
Stock
S&P500
1Y
- -
26.53
3Y
77.35
76.60
5Y
-54.79
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Shashank Paranjape
- Full Time Employees
- 389
- Sector
- Industrials
- Industry
- Manufacturing - Textiles
- Address
- Chiripal House Ahmedabad India 380015
- IPO Date
- Nov 4, 2011
- Website
- cnpcl.com
- Similar Companies
- Business
- CIL Nova Petrochemicals Limited, established in Ahmedabad, India, on December 17, 2003, is undergoing a significant strategic transformation in its business focus. Historically, the company was active within the textile sector, manufacturing various polyester yarns including partially oriented, fully drawn, and texturized varieties, in addition to a range of fabrics. However, the firm has now strategically transitioned its core operations, having ceased its textile manufacturing to enter the grain-based ethanol production industry. Operating under the name True Green Bio Energy Ltd. for this new venture, the company is developing facilities to produce ethanol for biofuel blending and Dried Distillers' Grains with Soluble as a by-product. This new direction represents a substantial commitment, with the ethanol initiative comprising over 57% of the company's total assets.