Nikhil Adhesives Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
52W Low on Aug 16, 2023
-10.3
TTM PE Ratio
Above industry Median
43.3
Price to Book Ratio
Below industry Median
5.6
Dividend yield 1yr %
Low in industry
0.2
TTM PEG Ratio
PEG TTM is negative
-1.3
RSI
RSI is mid-range
46.1
MFI
MFI is mid-range
42.7

Nikhil Adhesives Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Nikhil Adhesives Ltd shareholding Pattern

Promoter
54.4%
Public
45.6%
Promoter
54.4%
Public
45.6%
Promoter
54.4%
Public
45.6%
Promoter
54.4%
Public
45.6%
Promoter
54.4%
Public
45.6%
Promoter
54.4%
Public
45.6%

Nikhil Adhesives Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
3
Bearish Moving Averages
13
5Day EMA
123.10
10Day EMA
123.50
12Day EMA
123.60
20Day EMA
124.20
26Day EMA
124.60
50Day EMA
125.90
100Day EMA
126.00
200Day EMA
125.20
5Day SMA
123.00
10Day SMA
123.80
20Day SMA
124.30
30Day SMA
124.50
50Day SMA
127.30
100Day SMA
127.90
150Day SMA
123.90
200Day SMA
123.80
Delivery & Volume
Resistance & Support
122.93
Pivot
Resistance
First Resistance
124.37
Second Resistance
125.23
Third Resistance
126.67
Support
First Support
122.07
Second support
120.63
Third Support
119.77
Relative Strength Index
46.13
Money Flow Index
42.74
MACD
-1.01
MACD Signal
-1.06
Average True Range
4.22
Average Directional Index
46.04
Rate of Change (21)
-1.24
Rate of Change (125)
9.20
Peer comparison
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52W Low
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Nikhil Adhesives Ltd.
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Nikhil Adhesives Ltd Company background

Founded in: 1986
Managing director: U J Sanghavi
Nikhil Adhesives Limited (NAL), engaged in the business of manufacturing water thinnable polymer emulsions and adhesives was incorporated in the year 1986. The Company has been in this business since 1986 and has 5 manufacturing units located at Dahanu (Maharashtra), Silvassa (Dadra Nagar Haveli), Dahej (Gujarat), Tumkur (Karnataka) and at Unna (Himachal Pradesh). The current production capacity is 120,000 tonnes per annum, which can be enhanced. The Company is also engaged in the business of trading in chemicals. The Company operates under two major business segments i.e. Branded Consumer Products Industrial Products. Products such as Wood Adhesives, Construction Chemicals and sticker adhesive are covered under Branded Consumer products segment. These products are widely used by carpenters, printers, plumbers, mechanics, households, students, offices etc. Industrial Products segment covers products such as Industrial Adhesives, synthetic emulsions resins among others, which caters to various industries like packaging, textiles, paints, leather etc. Company operates under two major business segments i.e. Branded Consumer Products Industrial Products. Products such as Wood Adhesives, Construction Chemicals and sticker adhesive are covered under Branded Consumer products segment. These products are widely used by carpenters, printers, plumbers, mechanics, households, students, offices etc. Industrial Products segment covers products such as Industrial Adhesives, synthetic emulsions resins among others, which caters to various industries like packaging, textiles, paints, leather etc.The Company had acquired the emulsion business of M/s. Mafatlal Dyes Chemicals Ltd. in the year 2003 and its products are sold under the brand name Mahacol, Emditex, Emdilith, Emdibind, Emdicryl, and others. It operates in two segments: manufacturing of adhesives and emulsions, and trading in chemicals. It manufactures products, which find application in the consumer segment and are sold through retail channel. It has a well equipped laboratory to develop products for various application and is committed to manufacture products at affordable prices of its customers. The Companys products like wood adhesives, sealants and screen printing adhesives are sold through retail outlets. The Companys products include mahacol SH, mahacol tatkal, mahacol mafbond, mahacol rhino, emdicryl 4150, emdicryl 4350, emdicryl 2042, emdicryl 2425, emdilith DM21, emdilith DSP, emdilith THK, emditex MBX, emdilcryl 2523, emdirust 217 and emdilith LM. The Companys subsidiary is Sanghavi Logistics Pvt. Ltd. During the year 201819, the Company started manufacturing and supplying Emulsions for Construction Chemicals to Dow ChemicalsInternational Pvt. Ltd. In 202223, the Company opened warehouses/godowns in Gujarat, Maharashtra, Punjab, Madhya Pradesh, other places for quicker logistics and wider customer reach. It expanded the manufacturing units at Tumkur, Mehatpur Dahej factories.Nikhil Adhesives Limited is an ISO 9001:2015, ISO 45001:2018 and ISO 14001:2015 certified company and their products find use in the Paints, Packaging, Furniture, Textiles, Construction and many other industries. It has a wellequipped laboratory to develop products for various applications and is committed to manufacture quality products at affordable prices for its customers. The Companys products are well accepted by the industry and with the ever growing demands, a third plant to augment the manufacturing capacity is under construction at Dahej2 Industrial Estate, Bharuch (Gujrat).
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