Nahar Industrial Enterprises Latest Share Market Prices

NAHARINDUS Chart by TradingView

Nahar Industrial Enterprises (NAHARIND), incorporated on Sep. 27, 1993, operates in the four main business segments of yarn, fabrics, sugar and steel. Earlier known as Oswal Fats & Oils, it got its present name in 1994. The company is part of the Nahar group of companies, which has business interests in spinning, knitting, fabrics, hosiery garments and sugar. Oswal Woolen Mills, Nahar Spinning Mills and Nahar Investments and Holdings are group companies. It is a vertically-integrated textile company with operations ranging from spinning, weaving and processing through to finished ready-made woven garments, and with acquired activities of sugar and steel. The manufacturing units are located in the Ludhiana, Patiala and Fatehgarh Sahib districts of Punjab and Alwar district of Rajasthan with installed capacities of 159,408 spindles and 6320 rotors to produce different counts of yarn, a weaving capacity with 453 looms, modern processing plant with capacity of 115,000 meters per day, a modern dyeing house with a capacity 6 MT yarn per day, 2 million garments per annum, a cane crushing capacity of 2,500 TCD, and 50,000 MTPA steel ingots. It has already commissioned an 8-MW power plant at Amloh, Punjab and a 12-MW power plant at Lalru, Punjab under its Rs 10 billion Capex plan. Cotton County is the flagship brand of Nahar Retail, a wholly-owned subsidiary of the company. Cotton County presently has 350 stores in North India. In FY07, the company leased out the manufacturing activities of its garment unit to Nahar Retai to manufacture Cotton County products including cargo shirts, sweatshirts, office shirts, formal and fashion shirts, and T-shirts. The registered office is located at Focal Point, Ludhiana-141010, Punjab.