DCM Nouvelle Limited is a leading manufacturer exporter of 100% cotton carded and combed yarns in single and twoply forms of count range Ne 12s to 40s. The Company was incorporated in October 17, 2016 and is primarily engaged in manufacturing and sale of cotton yarn. The Company has spindle capacity of 1,15,048 located at Hisar with approx 2500 MT of monthly production. Stateofart spinning machineries and Quality Assurance instruments from leading manufacturers have been installed for production of fault free 100 % cotton yarn. With the introduction of value added products, premium brands sustainability certifications, the Company moved ahead in positioning itself as supplier of quality yarn for fine clothing. The Company successfully engraved name in domestic markets and exports to over 30 countries. In 1991, the Company started spinning operation plant with 33000 spindles at Hisar.In 1995, the Company received ISO 9001 quality standard certification of the plant. In 1998, the spindle capacity enhanced from 33000 to 45000 in Unit I.In 2005, the spindle capacity enhanced to 76,200 by establishing Unit II.In 2014, the spindle capacity enhanced to 1,15,048 by establishing Unit III.From New Spinning Unit III, Primero a brand of premium 100% Cotton Combed Yarn was launched in 2015. From the same New Spinning Unit III, Dinero a brand of premium 100% Cotton Carded Yarn was launched in 2016 and the Company obtained BCI (Better Cotton Initiative) certification to make global cotton production better for people who produce it, better for environment it grows in and better for sectors future.The Company commenced production of cotton slub yarns in 2017.In 2018, the Company was certified as Global Organic Textile Standard (GOTS) and obtained OekoTex Standard 100 certification to ensure that products and processes are free of dangerous chemicals including lead pesticides.The Company launched CCY (Contamination Controlled Yarn) brand of products from Unit I in FY 2020. CCY is contamination controlled 100% cotton combed knitting yarn processed through advanced contamination control systems USTERr JOSSI VISION SHIELD with MAGIC EYE 2 and Uster Quantum 3 with Polypropylene (PP) Dark Foreign Fibre (FFD) clearing devices that ensures removal of Polypropylene and colored contaminants.The National Company Law Tribunal (NCLT), vide Order dated 01 May 2019, approved Scheme of Arrangement between DCM Limited and DCM Nouvelle Limited, for the demerger of Textile Division of DCM Limited, on a going concern basis with effect from 1 April 2019 (i.e. the Appointed Date). The Company issued equity shares of Rs 1,868 lakhs after cancelling the entire share capital held by the DCM Limited on effective date (01 April 2019) in DCM Nouvelle Limited amounting to Rs. 5 lacs. Pursuant to aforesaid Scheme, Board of Directors of the Company, at meeting held on June 04, 2019 had allotted 1,86,77,749 number of equity shares of Rs.10 each to the Shareholders of DCM Limited. The said Equity Shares were listed with BSE Ltd. and National Stock Exchange of India Ltd. with effect from July 16, 2019.
What is the current share price of DCM Nouvelle Ltd today on both NSE and BSE?
DCM Nouvelle Ltd shares are currently priced at 197.65 on NSE and 198.1 on BSE as of 5/23/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has DCM Nouvelle Ltd [DCMNVL] shares performed in the past ?
The past 1-year return of DCM Nouvelle Ltd [DCMNVL] share was 36.45. The DCM Nouvelle Ltd [DCMNVL] share hit a 1-year low of Rs. 138.1 and a 1-year high of Rs. 233.5.
What is the market cap of DCM Nouvelle Ltd [DCMNVL] ?
The market cap of DCM Nouvelle Ltd is Rs. 369.17 Cr. as of 5/23/2024 12:00:00 AM.
What is the current P/E ratio of DCM Nouvelle Ltd [DCMNVL] share price ?
The PE ratios of DCM Nouvelle Ltd is 0 as of 5/23/2024 12:00:00 AM.
What is the current PB ratio of DCM Nouvelle Ltd [DCMNVL] share price ?
The PB ratios of DCM Nouvelle Ltd is 1.16 as of 5/23/2024 12:00:00 AM
What is the Mutual Fund shareholding in DCM Nouvelle Ltd?
The Mutual Fund Shareholding was 0.35% at the end of 5/23/2024 12:00:00 AM.
How can I buy DCM Nouvelle Ltd shares?
You can easily buy DCM Nouvelle Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.