National Oxygen Ltd share Price Today

National Oxygen Limited (NOL) incorporated in December, 1974 was promoted by G N Saraf. The Company is engaged in manufacturing of Industrial Gases. From 1975-80, the company was mainly trading in industrial/medical gases. In 1980, NOL installed and commissioned its first oxygen plant with a capacity of 63 cu mtr ph, at Mathur in the Pudukottai district of Tamilnadu. In 1981, it installed a dissolved acetylene plant at the same premises at a cost of Rs 20.45 lac with term loan assistance from SIPCOT. Again in the next year, it commissioned its second oxygen plant at the same premises at a cost of Rs 53.75 lac, with term loan assistance from SIPCOT. An additional plant for compressing waste nitrogen into commercial grade nitrogen, was installed in 1985. During the same year, it went public to part finance its expansion to set up a 165-cu mtr ph capacity plant at Pondicherry. The expansion project commenced production from Sep.`87. In Jul.`94, the company came out with a rights issue to set up a liquid oxygen / liquid nitrogen / liquid argon tonnage plant with a capacity of 75 tpd. In 1995-96, its expansion project was completed.

National Oxygen share price as on 18 May 2024 is Rs. 163. Over the past 6 months, the National Oxygen share price has increased by 43.8% and in the last one year, it has increased by 94.02%. The 52-week low for National Oxygen share price was Rs. 80.5 and 52-week high was Rs. 184.9.