Support and Resistance Levels
Past performance
About NCL Industries Ltd NCL Industries Ltd, originally known as Nagarjuna Cement Ltd, is a diversified company established in 1979 by K Ramachandra Raju and Associates. Initially focused on cement production, the company has expanded its operations to include ready mix concrete, cement-bonded particle boards, and doors. The company also operates small hydro power projects and has ventured into prefab systems housing. NCL's production facilities are located in Telangana, Andhra Pradesh, Karnataka, and Himachal Pradesh.
The company has undergone significant growth and expansion, notably increasing its cement production capacity and integrating energy-efficient technologies. Recent strategic moves include acquiring Tern Distilleries Private Limited to establish a new grinding unit and forming a joint venture with Moravia Containers for manufacturing modular container systems. In 2023, NCL further expanded by acquiring Vishwamber Cements Ltd. The company continues to focus on innovation and market expansion, maintaining a strong presence in the competitive cement industry with a commitment to sustainable operations.