Binani Industries Ltd Performance
Open
14.9
Traded Value (Cr)
97.34 K
Prev. Close
14.6
VWAP
14.93
Volume
3,815
Face Value
10
Binani Industries Ltd Fundamentals
Binani Industries Ltd Financials
Resistance and Support
₹15.25
PIVOT
Resistance | |
---|---|
First Resistance | ₹15.500 |
Second Resistance | ₹15.850 |
Third Resistance | ₹16.100 |
Support | |
---|---|
First Resistance | ₹14.900 |
Second Resistance | ₹14.650 |
Third Resistance | ₹14.300 |
RSI | 39.560 |
MACD | 0.125 |
ADX | 11.152 |
CCI | -119.703 |
Delivery and Volume
About Binani Industries Ltd
Binani Industries Ltd is a holding company, which operates through their subsidiaries. The company's subsidiaries include Binani Cement Ltd (BCL), Binani Zinc Ltd (BZL), Goa Glass Fibre Ltd (GGFL), BT Composites Ltd (BTCL) and Wada Industrial Estate Ltd (WIEL). Binani Industries Ltd was incorporated in the year 1962. The company was promoted by Binani Metals in technical and financial collaboration with Cominco, Canada with the name Cominco Binani Zinc. In May 1991, when Cominco disinvested their holding, the company was renamed as Binani Zinc. And in the year 1996, they got their present name, Binani Industries Ltd. In the beginning, the company manufactures zinc and its by-products, sulphuric acid and cadmium. And latter, they diversified into cement and glass fibre manufacture. They set up a state-of-the-art glass fibre plant at Colvale, Goa, with technical assistance from Bishop Technology, US which is the single largest glass fibre manufacturing plant in the country. The cement division of the company was hived off and transferred to their wholly owned subsidiary, Binani Cement Ltd with effect from November 1, 1997. As a part of restructuring and refocusing, the company transfered their glass fibre division to a wholly owned subsidiary Vishakha Enterprises (India) Ltd which was renamed as Goa Glass Fibre Ltd. The Zinc division of the company was hived off and transferred to Binani Zinc Ltd with effect form April 1, 2002. In July 2003, Munga Holdings Ltd was amalgamated with Binani Cement Ltd. The paid up capital of Binani Cement Ltd has increased to Rs 4229.10 million from Rs 4000.10 million and Binani Cement Ltd has ceased to be a wholly owned subsidiary of the company with effect from July 3, 2003 but continues to be a subsidiary of the company. During the year 2006-07, the moulding division of the company was hived off and transferred to their wholly owned subsidiary company BT Composites Ltd. Consequently the company ceased to have any manufacturing activity.
Managing Director
Founded
1962
NSE Symbol
BINANIIND
Binani Industries Ltd Management
Name | Designation |
---|---|
Rajesh Kumar Bagri | Non Executive Director |
Manoj T Shroff | Independent Director |
Sanjib Maity | Independent Director |
Pradyut Meyur | Independent Director |
AshishTurakhi | Chief Finance Officer & CS |
Milin Ramani | Independent Director |
Pankti Yogesh Patel Poojari | Independent Director |
Binani Industries Ltd News
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