Miss call 9015611166
 
Best Stock Tip

A1 Intraday tips Android App for Share Traders

Get APP link by sms


Join our Telegram Channel to Get Free Stock Tips for Life Time


Testimonial

Hindustan Organic Chemicals Ltd share price today (on 22 September 2023).

We Provide Best stock tips for Hindustan Organic Chemicals Ltd. A1 Intraday Tips is accurate share tips Provider Company in India in Nse market. A1 Intraday Tips, also provide Daily Charts with Nse Share Market current price of Hindustan Organic Chemicals Ltd with today performance in nse market. Contact Us for Jackpot Stock tips.


Get Free Stock Tips for Hindustan Organic Chemicals Ltd


BSE: 500449 | NSE: HOCL | ISIN: INE048A01011 Market Cap: [Rs.Cr.] 126 | Face Value: [Rs.] 10 Industry: Chemicals

Hindustan Organic Chemicals Ltd. was incorporated in 1960. It is a government owned enterprise. It made its public issue in the year 1994. It is in the business of Organic Chemicals. The main products manufactured by HOCL are Phenol, Acetone, Nitrobenz
Hindustan Organic Chemicals Ltd is a Government of India undertaking. The company engaged in the business of manufacture and sale of chemicals. They provide the basic organic chemicals essential for vital industries like resins and laminates, dyes and dyes intermediates, drugs and pharmaceuticals, rubber chemicals, paints, pesticides and others, touching virtually facet of everyday life. They also produce the versatile engineering plastic polytetrafluoroethylene (PTFE) through their subsidiary. They have one subsidiary company, namely Hindustan Fluorocarbons Ltd. The main products manufactured by the company are Phenol, Acetone, Nitrobenzene, Aniline, Nitrotoluenes, Chlorobenzenes and Nitrochlorobenzenes. The raw materials used by the company are Benzene, Toluene, LPG, Methanol, Naphtha and Sulfur, majority of which come from petroleum refineries. The company has two manufacturing units at Rasayani, Dist. Raigad in Maharashtra & at Kochi in Kerala. Their subsidiary unit is located at Hyderabad in Andhra Pradesh. Hindustan Organic Chemicals Ltd was incorporated in the year 1960 by the Government of India.
The company was established with the objective of attaining self-reliance in basic organic chemicals needs. Initially, the company started as small chemical unit, has now acquired the status of a multiunit company with two fast growing units and one subsidiary unit. In April 1971, the company established their R&D unit at Rasayani in Dist. Raigad, Maharashtra State. The unit was recognized by DSIR, Ministry of Science and Technology, Government of India. The unit was set-up to undertake development work to utilize a number of by-products and to increase the profitability of operations by improving the yields and raw material and utility consumption norms and to develop the processes identified for Long Range Growth. In November 1994, the company made this public issue to finance their project to manufacture caustic soda, hydrogen peroxide and chlorosulphonic acid. They had technical collaborations with Asahi Chemicals, Japan, for their caustic soda/ chlorine project; and with Baxenden Chemicals, UK, for their polyurethane systems.
During the year 1997-98, the company completed their Hydrogen Peroxide Project at Kochi. As a part of their expansion programme, the company signed a service agreement with UOP, US, for the increase in the capacity of existing Phenol plant to 65000 TPA. The Cumene unit is revamped to increase the capacity from 56000 TPA to 90000 TPA. They also commenced commercial production of Polyurethane system house project. During 1999-2000, both Rasayani & Cochin units obtained ISO 9002 Certification by Bureau Veritas Quality international (BVQI). The Cochin Unit was awarded ISO 14001 Certificate by BVQI. During the year 2006-07, the company set up Hydrogen bottling facility at plant at Rasayani Unit at a cost of Rs. 65.02 lakh to sell the surplus Hydrogen available from their plant for captive use, in the neighboring industries at prevailing market rates. During the year 2008-09, the company came out of the 'SICK Unit' / BIFR status.
They commissioned the Caustic Soda/ Chlorine plant. In January 2008, the Quality Management System (QMS) of Rasayani Unit was recertified. During the year 2009-10, the company signed the Gas transmission Agreement with M/s GAIL with the availability of Natural Gas from GAIL, the Company would change the feed stock of Hydrogen from Naphtha to Natural Gas and also for boiler operation in place of furnace oil natural gas would be used. In June 2009, GMS of Kochi was upgraded to ISO - 9001: 2008 standards. The company plans to put up Captive Power Plant based on Natural Gas to economize on the operation. The company is in the process of upgrading to ISO-9001: 2008 standards as per the requirements of the standards.
According to the Individual - Audited financial statement for the Year of 2012, total net operating revenues decreased with -18.16%, from INR 677.46 tens of millions to INR 554.41 tens of millions. Operating Results decreased from INR 64.62 tens of millions to INR -38.78 tens of millions. The results of the period reached INR -76.91 tens of millions at the end of the period against INR 26.29 tens of millions last year. Return on equity (Net income/Total equity) went from 6.52% to -549.36%, the Return On Asset (Net income / Total Asset) went from 8.60% to -87.30% and the Net Profit Margin (Net Income/Net Sales) went from 3.88% to -13.87% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 562.29% compared to 54.78% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.47 to 0.68 when compared to the previous year.

Halonix Ltd Hanung Toys and Textiles Ltd Harita Seating Systems Ltd Harrisons Malayalam Ltd
Hathway Cable & Datacom Ltd Havells India Ltd Hindustan Construction Company Ltd Himadri Chemicals & Industries Ltd
HCL Infosystems Ltd HCL Technologies Ltd Housing Development Finance Corporation Ltd HDFC Bank Ltd
Housing Development & Infrastructure Ltd HEG Ltd Heidelberg Cement India Ltd Helios & Matheson Information Technology Ltd
Hercules Hoists Ltd Heritage Foods Ltd Hero MotoCorp Ltd Hexaware Technologies Ltd

Our all intraday stock tips,
Under one plan with Unbelievable lowest price
( Equity cash, Nse f&o tips, jackpot tips, sure shot call, btst / stbt call / nifty tips / bank nifty tips)
free trial available for 2 days

 

Hinduja Global Solutions Ltd Hikal Ltd Himatsingka Seide Ltd Hindalco Industries Ltd
Hindustan Composites Ltd Hotel Leela Venture Ltd Hindustan Dorr-Oliver Ltd Hindusthan National Glass & Industries Ltd
Hindustan Oil Exploration Company Ltd Hindustan Petroleum Corporation Ltd Hinduja Foundries Ltd Hinduja Ventures Ltd
Hindustan Unilever Ltd Hindustan Zinc Ltd Hind Rectifiers Ltd Hitachi Home & Life Solutions (India) Ltd
Hi-Tech Gears Ltd HMT Ltd Hindustan Organic Chemicals Ltd Honeywell Automation India Ltd
Hindustan Copper Ltd      

 

Make Daily Money in NSE by SHARE TIPS
on Intraday base 2 days free trial Available



Nse Listed Companies with Live Charts

(Click on an alphabet below to get a list of nse listed companies
with live charts starting with that Alphabet.)

A B C D E F G H I J
K L M N O P Q R S T
U V W X Y Z