DCM Ltd(Formerly Delhi Cloth Mills) was established as a Public Limited Company on March 26, 1889 in the name and style of Delhi Cloth General Mills Co. Limited. The Company was founded by Lala Sri Ram, the Promoter of the Company. DCM Ltd, the flagship company of DCM Group comprises DCM Engineering Products, DCM Data Products, DCM Textiles and DCM Estates after the restructuring of its diversified business interest into 4 companies in April 1990. DCM Group became one of Indias largest conglomerates. It expanded and diversified its activities into a number of manufacturing activities such as Textiles, Sugar, Chemicals, Rayon, Tyre Cord, Fertilizers, Information Technology and Engineering Products etc. The name of the Company was changed on October 6, 1983, to DCM Limited. The Company is engaged in the business of Grey Iron Castings , IT Infrastructure Services and Real Estate.The Company started its operations in 1889 by setting up a spinning mill in Delhi. It has grow to become a diversified player with presence in manufacture of cotton, synthetic yarn and textiles, rayon tyre cord, sugar, alcohol and confectionery, heavy chemicals and fertilisers, PVC resins and compounds, electronic desk calculators, mini computers, etc. The company was reorganised into 4 companies DCM, DCM Shriram Industries, DCM Shriram Consolidated and Shriram Industries Enterprises from Apr.90. After the reorganisation the company has taken up a major expansion cumdiversification project in FY 199394. This includes the expansion of the foundry and pattern shop in Ropar, Punjab, massive real estate development project to construct a selfcontained residental complex and a modern nonpolluting factory complex, setting up a a 1800tpa hosiery, fabric dyeing and processing facility(in collaboration with Benetton, Italy). DCM came out with a rights issue in Feb.93, to finance the manufacture of alloy/grey iron castings, with an additional capacity of 18,000 tpa to manufacture aluminium die castings, an independent tool room, a forge shop, a 100% EOU for spinning yarn, and modernisation of its units, etc. During 199697, company has increased the installed capacity of Alloy Iron/ SG Iron Castings by 15000 TPA. The DCM Real Estates division started its construction frm 6th December of Phase A. The commercial production of Tool Room has started w.e.f. 1st Feb.96. The company has absorbed the technologies of M/s Meissner which was used for manufacture of Complex Toolings. In 199799, it increased the installed capacity of spindles to 37,348 nos.The World over, the 80s was the decade of diversification. However, the 90s were a time for consolidation and focusing on core business areas. The business of the Company was reorganized with effect from 1.4.1990 under a Scheme of Arrangement sanctioned by the Honble High Court of Delhi at New Delhi in 1990. As a result, the Honble High Court of Delhi had passed the Order dated 29th October, 2003 in the matter of Scheme of Restructuring and Arrangement and Scheme of Merger/ Amalgamation of DCM Data Systems Limited with the Company, for: (a) hiving off of Engineering Products Division into a separate company viz. DCM Precision Engineering Limited w.e.f. 1.4.2001 and merger of DCM Data Systems Limited with the Company w.e.f. 1.4.1999. In 2003, the DCM Data System Limited, the erstwhile Subsidiary of the Company (since merged with the Company) acquired the software business of M/s DCM Technologies Ltd w.e.f. 01.04.2003 as a going concern on slump sale basis together with business assets and liabilities. Under the said Reorganization, all units of Company existing at that time stood vested and continued to vest in terms of the said Scheme into four separate companies namely, DCM Limited (DCM), DCM Shriram Industries Limited, DCM Shriram Consolidated Limited and Shriram Industrial Enterprises Limited.
What is the current share price of DCM Ltd today on both NSE and BSE?
DCM Ltd shares are currently priced at 87.57 on NSE and 85 on BSE as of 10/28/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has DCM Ltd [DCM] shares performed in the past ?
The past 1-year return of DCM Ltd [DCM] share was 19.06. The DCM Ltd [DCM] share hit a 1-year low of Rs. 66.7 and a 1-year high of Rs. 113.8.
What is the market cap of DCM Ltd [DCM] ?
The market cap of DCM Ltd is Rs. 163.26 Cr. as of 10/28/2024 12:00:00 AM.
What is the current P/E ratio of DCM Ltd [DCM] share price ?
The PE ratios of DCM Ltd is 0 as of 10/28/2024 12:00:00 AM.
What is the current PB ratio of DCM Ltd [DCM] share price ?
The PB ratios of DCM Ltd is 20.84 as of 10/28/2024 12:00:00 AM
What is the Mutual Fund shareholding in DCM Ltd?
The Mutual Fund Shareholding was 0.02% at the end of 10/28/2024 12:00:00 AM.
How can I buy DCM Ltd shares?
You can easily buy DCM Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.