Jun 09, 2023 04:01 PM
International Combustion (India) Ltd
SECTOR : Capital Goods-Non Electrical Equipment | BSE :505737 |
Equity Capital: 93.96 Cr FV: 10.00
|Period||MF Net Purchase / (sold)||FII Net|
|Aug 23, 2023||Dividend||30|
|Sep 14, 2022||Dividend||20|
International Combustion (India) Ltd, promoted by International Combustion (Holding) (ICHL), UK, which was taken over by Northern Engineering Industries, was incorporated as a private limited company. It was a 100% subsidiary of ICHL till 1974 when it became public thereby reducing the foreign shareholding to 60%. It then acquired its present name. The foreign holding was further diluted to 39.12% in 1978. Acting initially as agents for ICHL`s products (boilers and mineral beneficiation equipment), ICPL set up a plant in 1963 to manufacture capital equipment like grinding mills, mechanical vibrators, small-size feeders, pulverisers and pumps, etc, for the mineral beneficiation industry, and core sector industries like thermal power plants, steel plants, fertiliser plants, etc. ICIL took up the manufacture of iron castings in 1975 as a backward integration measure, and later diversified into polyurethane and rubber screen decks and liners. The product range was further widened to include industrial gear boxes and geared motors, which are being manufactured in technical collaboration with Eberhard Bauer, Germany. Other technical collaborators of the company are Carl Schenck, Germany; Tredomen Engineering, UK; ABB Raymond, US; etc. A new licence agreement with Mogensen, Germany, has been finalised, to manufacture flip-flop screens which are highly specialised equipments used for grinding limestone, lignite, etc. In 2000-01, the company has formed a licence agreement for manufacture of Omni Screens with technology from IMS Engineering (Pty) Ltd., South Africa. In 1995-96, the company entered into a new licence agreement with Bauer, Germany, for extending the range of gear boxes and geared motors. It also finalised an agreement with Uniroyal Chemical, US, for jointly developing various specialised polyurethane products. In 1996-97, girdle pocket elevator was installed with a capacity of 20 numbers. The operations at ICL`s Santhoshpur unit, supplying grey iron castings to other units, has been suspended with effect from 14th April, 1999 as it has become unviable due to declining demand. The company`s bauer division has been certified survelliance audit ISO 9002 by IRQS of Holland. The company entered into a new collaboration agreement with Gummi Kupper GmBH & Co,Germany for manufacture of `Clamp-on Modular Screen Deck System` of Rubber & Polyurethane.
11th Floor Plo No G-1 Sec-V, Block EP & GP Salt lake Electr, Kolkata, West Bengal, 700091
CB Management Services Ltd
|AGM Date (Month)||:||Sep|
|Face Value Equity Shares||:||10|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:||Sep|
You can buy International Combustion (India) Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy International Combustion (India) Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 09, 2023 04:01 PM the closing price of International Combustion (India) Ltd was ₹ 500.00.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Jun 09, 2023 04:01 PM, the market cap of International Combustion (India) Ltd stood at ₹ 119.50.
The latest PE ratio of International Combustion (India) Ltd as of Jun 09, 2023 04:01 PM is 14.41
The latest PB ratio of International Combustion (India) Ltd as of Jun 09, 2023 04:01 PM is 0.85
The 52-week high of International Combustion (India) Ltd is ₹ 543.05 while the 52-week low is ₹ 235.70