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About Kanel Industries Ltd
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Kanel Industries Limited, formerly known as Kanel Oil & Export Industries Limited, promoted by a Group of Traders, was incorporated on 29 January, 1992 in Gujarat. The Company`s name was changed to Kanel Industries Limited on November 7, 2011. Company was earlier in the business of trading into edible and non-edible oils. During year 1998, the Company started the commercial production of it`s new fully automatic, modern Castor Seed Crushing Plant at Mehsana. However, Company was out of business for a longtime and underwent insolvency resolution during the FY 2021. It was performing activity of bulk trading of cottonseed oil, groundnut oil, sunflower oil, palmolein oil and soyabean oil. However major part of India`s Edible Oil demand was supported by equivalent increase in imports. Since 2012-13, out of the 6 mn tons of incremental demand has parallely seen 5 mn tons of import increment. Company performs activity of bulk trading of cottonseed oil, groundnut oil, sunflower oil, castor seeds, palmolein oil and soyabean oil. The Company subsequently set up a 100% export-oriented integrated castor seed processing complex at Ganeshpura (Sabarkantha district), Gujarat, where it manufactures castor oil (28,200 tpa) and castor de-oiled cakes (30,600 tpa). The company`s products find application in pharmaceutical, chemical, cosmetic, plastic and rubber industries. It sells its products all over India through its marketing branch offices in major cities. It does not have any marketing tie-ups with agencies abroad, nevertheless, the promoters are hopeful of creating an export base in the US, Czechoslovakia, Korea, Japan and other countries.
Kanel Industries share price as on 19 Jan 2026 is Rs. 2.25. Over the past 6 months, the Kanel Industries share price has increased by 55.17% and in the last one year, it has increased by 57.34%. The 52-week low for Kanel Industries share price was Rs. and 52-week high was Rs. .
500236
KANELOIL
INE252C01015
Sep
Kanel Industries Ltd FAQs
You can buy Kanel Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Kanel Industries Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Nov 18, 2024 04:00 PM the closing price of Kanel Industries Ltd was Rs.2.25.
The latest PE ratio of Kanel Industries Ltd as of Nov 18, 2024 04:00 PM is -9.00
The latest PB ratio of Kanel Industries Ltd as of Nov 18, 2024 04:00 PM is 1.83
The 52-week high of Kanel Industries Ltd share price is Rs. 0.00 while the 52-week low is Rs. 0.00
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 Nov 18, 2024 04:00 PM, the market cap of Kanel Industries Ltd stood at Rs. 4.14 Cr.
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