Nitco Tiles buzzing on bourses
DSIJ Intelligence / 19 Sep 2016
Nitco Tiles is buzzing on bourses with the stock trading up by almost 20 per cent. There are only buyers in the stock on both the national exchanges.
Nitco Tiles is buzzing on bourses with the stock trading up by almost 20 per cent. There are only buyers in the stock on both the national exchanges.
The stock has gained momentum in past few trading sessions and is trading at its 52 week high. The stock touched Rs 79.20 per share thus making the new 52 week high on Monday, September 19.
NITCO is one of the premium tile brands in India. With “innovation, product quality and customer service” as its core values, the company has volume market share of around 6 per cent and a value market share of around 10 per cent among organised players.
Headquartered in Mumbai, Nitco Tiles has a pan India presence with more than 1100 direct dealers as per its website. The Company exports tiles to countries like Belgium, The Netherlands, Muscat, Saudi Arabia, Bahrain, Qatar, Oman and other European and African countries.
Over a one-year period the stock has generated 189 per cent returns and in one month alone the stock has generated 39 per cent returns thus outperforming markets.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.