Indo Gulf Industries Ltd
Indo Gulf Inds. | 506945
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About Company
- Incorporated in March, 1981 as Indo Gulf Explosives, Indo Gulf Industries Limited got its present name in 1994
- The Company was promoted as a Joint Venture between PICUP, UPSIDC and three other entrepreneurs, Dr S K Garg, B K Agarwal and M K Garg
- The company manufactures industrial explosives and accessories, with manufacturing facilities at Jhansi, Korba, Singrauli, Talcher and Ib Valley
- Its products include slurry mixed explosives, detonator fuses and cast boosters
- The explosives are used in open-cast mines, mostly by coal mines
- The company entered into a technical collaboration with Trans Ocean Gulf Oil, US, to manufacture explosives
- '95, the company came out with an issue of fully convertible debentures to part-finance setting up a 2500-tcd sugar plant (expandable to 3500 tcd) to manufacture white crystal sugar at Meizapur Gonda district, with the co-generation of 6 MW of power
- The entire quantity of molasses will be sold to various distilleries to manufacture potable and industrial alcohol
- Bagasse will be used for the co-generation of power
- Sugar plant commercial production started during March, 1996
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Indo Gulf Industries Ltd?
The current share price of Indo Gulf Industries Ltd (Indo Gulf Inds.) is ₹2.71. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Indo Gulf Industries Ltd?
Indo Gulf Industries Ltd has a 52-week high of ₹2.59 and a 52-week low of ₹1.87. This range shows the stock's price volatility over the past year.
What is the ROE of Indo Gulf Industries Ltd?
Indo Gulf Industries Ltd has a Return on Equity (ROE) of 81.85%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
