NOCIL soars on getting nod for Rs 130 crore capital expenditure at Dahej Plant
The proposed capacity addition involves expansion of some of its peak utilization products of the Rubber Chemical Portfolio
Nocil scrip is currently trading at Rs. 141.90, up by 5.35 points or 3.92% from its previous closing of Rs. 136.55 on the BSE.
The scrip opened at Rs. 138.00 and has touched a high and low of Rs. 144.00 and Rs. 135.90 respectively. So far 23909 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 211.00 on 11-Jun-2025 and a 52 week low of Rs. 125.35 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 144.00 and Rs. 126.40 respectively. The current market cap of the company is Rs. 2338.35 crore.
The promoters holding in the company stood at 33.76%, while Institutions and Non-Institutions held 10.95% and 55.29% respectively.
NOCIL has received approval from Board of Directors for incurring capital expenditure of around Rs 130 crore towards capacity expansion (Rubber chemical along with proportionate intermediate) at the Dahej Plant. The proposed capacity addition involves expansion of some of its peak utilization products of the Rubber Chemical Portfolio. The expansion is at Dahej, Gujarat (through a brownfield investment) for setting up a comprehensive integrated facility (including Backward Integration of its input) in the specialty portion of the Rubber chemicals business.
The proposed investment is expected to contribute to revenue growth, operational efficiencies, and improved market positioning over the medium to long term and help the company to expand / enhance its presence in local and global markets.
NOCIL (formerly known as National Organic Chemical Industries) is a limited company incorporated on May 11, 1961, and is engaged in manufacture of rubber chemicals domiciled in India.

