Support and Resistance Levels
Past performance
About NBI Industrial Finance Company Ltd N.B.I Industrial Finance Company Limited, incorporated in 1936, operates as a Non-Banking Financial Company (NBFC) in India, focusing on dividend and interest income, share trading, and long-term investment profits. The company's profitability is closely linked to stock market movements. It holds equity shares with a nominal value of Rs.10 each, though a proposal was made in FY 2017 to subdivide these into shares of Rs.5 each, pending member approval.
In recent developments, N.B.I's equity shares commenced trading on the National Stock Exchange (NSE) in December 2016. Additionally, the company expanded through a merger with Western India Commercial Company Limited, effective April 1, 2022. The cessation of associations with The Venktesh Co. Ltd. and The Laxmi Salt Co. Ltd. in FY 2017 marked a shift in its business landscape. This summary provides potential traders with an overview of N.B.I’s financial activities and strategic changes.