Nakoda Group of Industries Limited (NGIL.BO)
Nakoda Group of Industries Limited operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Nagpur, MA, IN. The stock last traded at $41.95, down 0.12% on the session, giving a market capitalisation of $749.3M. Its beta of 0.46 implies it has historically moved less than the broad market.
Nakoda Group of Industries Limited, founded in 1989 and headquartered in Nagpur, India, is active in the manufacturing and commercial distribution of a broad spectrum of natural ingredients within India. Operating under the brand names 'Samrat' and 'Nakodas,' its extensive product line includes essential bakery items, various edible seeds (such as sesame, chia, and sabja), and a selection of dry fruits and nuts. The company also offers a wide array of fruit-based products like jams, pulps, dehydrated and candied fruits (e.g., tutti fruity, karonda cherries, sweet lime and orange peels), and amla products. Additional offerings span from makhanas, popcorn, invert sugar, and candies to sauces, spices, pickles, papads, fruity bars, canned vegetables, and frozen fruits and vegetables. Uniquely, it also supplies cotton bales. Nakoda serves a diverse clientele, encompassing ice-cream, bakery, and sweet/namkeen factories, airline and railway catering services, cotton and cloth mills, general food factories, pharmaceutical companies, and the Indian military. Furthermore, the company engages in international trade, exporting its goods to countries in the Middle East and Europe.
Nakoda Group of Industries Limited is most often compared with the following Consumer Defensive names: