NB Footwear Ltd
NB Footwear | 523242
Share Price Chart - NB Footwear Ltd
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About Company
- NB Footwear Limited was incorporated on September 24, 1987 as a Private Limited Company and later converted to Public Limited Company
- The Company is in the business of tanners, processors, manufacturer and dealer in the hides of skins of all animal leather, leather goods and footwear of all kinds
- It is a part of Hyderabad's most famous group the Rs 250 Crore Nava Bharat conglomerate
- The company commenced business in 1987 with an installed capacity for 3 lac pairs of full shoes at their advantageously located plant at Cheduvalai (North Arcot district), Tamilnadu
- In the initial years, it ran up an accumulated loss of Rs 2 cr
- It then undertook jobwork for Bata India but had to discontinue it when the government stipulated that Bata should sub-contract only to small-scale units
- Although it had a huge capacity, NB Footwear could not receive orders from the market
- Nava Bharat Enterprises, a recognised Star Trading House, took up a stake in this company
- Nava Bharat Enterprises does not have a plant
- But it maintains a leather division and all the work is carried out at NB Footwear on a job-order basis
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of NB Footwear Ltd?
The current share price of NB Footwear Ltd (NB Footwear) is ₹6.40. 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 NB Footwear Ltd?
NB Footwear Ltd has a 52-week high of ₹16.19 and a 52-week low of ₹6.01. This range shows the stock's price volatility over the past year.
What is the ROE of NB Footwear Ltd?
NB Footwear Ltd has a Return on Equity (ROE) of 0.00%. 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.
