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About National Oxygen Ltd
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National Oxygen Limited (NOL) incorporated in December, 1974 was promoted by RajesH Kumar Saraf. Presently, the Company manufactures industrial gases both in liquid and gaseous form at plants situated at Pondicherry and Perundurai. The clients of NOL consists mainly Government workshops, Public Sector units, Space and Petrochemical units. Also serves to Steel sector, Pharmaceutical sector, Refrigeration units, Hospitals, Ship making & Repairing units other than Fabrication sector. 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. Later, NOL installed a Windmill with a capacity of 1.65 MW at Dhule, Maharashtra in December 2005. As part of its ongoing business strategy to optimize operations and improve operational efficiency, the Company has undertaken a rationalization of certain manufacturing facilities while serving its customers through long-term supply arrangements. The production activities at the Perundurai Unit were permanently discontinued with effect from 12th May 2025. Further, the Liquid Manufacturing Plant and related machinery at the Pondicherry Unit were permanently closed with effect from 07th April 2026. However, the remaining operations at the Pondicherry Unit, including the Land and Building, Gas Filling Unit, and the newly established Nitrous Oxide Plant and Mathur Cylinder filling unit, is operating to manufacture products as part of the Company`s ongoing business activities. NOL is supplying Oxygen and Nitrogen in liquid and gaseous forms to Industries and Hospitals through its own sales network.
National Oxygen share price as on 14 Aug 2026 is Rs. 58.95. Over the past 6 months, the National Oxygen share price has decreased by 23.94% and in the last one year, it has decreased by 53.87%. The 52-week low for National Oxygen share price was Rs. 42.5 and 52-week high was Rs. 132.5.
507813
NOL
INE296D01010
Aug
National Oxygen Ltd FAQs
You can buy National Oxygen Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy National Oxygen Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Aug 14, 2026 12:04 PM the closing price of National Oxygen Ltd was Rs.58.95.
The latest PE ratio of National Oxygen Ltd as of Aug 14, 2026 12:04 PM is 16.80
The latest PB ratio of National Oxygen Ltd as of Aug 14, 2026 12:04 PM is -4.66
The 52-week high of National Oxygen Ltd share price is Rs. 132.50 while the 52-week low is Rs. 42.50
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 Aug 14, 2026 12:04 PM, the market cap of National Oxygen Ltd stood at Rs. 29.72 Cr.
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