Support and Resistance Levels
Past performance
About International Conveyors Ltd International Conveyors Limited (ICL), founded in 1973 by Mr. R.K. Dabriwala in Kolkata, India, specializes in manufacturing Polyvinyl Chloride (PVC) conveyor belts for the mining sector and various industries. The company produces solid-woven, fabric-reinforced, PVC-impregnated, and fire retardant anti-static conveyor belting. It operates in three segments: conveyor belting, wind energy, and unallocated/corporate activities. ICL holds an ISO 9001:2008 certification and maintains a significant 45% share of India's underground PVC mine conveyor belt market. The company also exports to the USA, Canada, South Africa, and Australia, complying with respective fire-resistant standards.
ICL expanded its production capacity through strategic acquisitions, including International Belting Limited and Conveyor Holdings Pte. Limited. The acquisition of International Conveyors America Limited, Inc. further strengthened its global presence. Besides conveyor belting, ICL generates and sells wind power, diversifying its business portfolio. ICL's competitive edge lies in its ability to secure global and domestic tenders, showcasing its global competitiveness.