NITCO Limited (NITCO.NS)
NITCO Limited operates in the Construction Materials industry of the Industrials sector, headquartered in Mumbai, IN. The stock last traded at $93.20, up 1.46% on the session, giving a market capitalisation of $22.42B. Its beta of -0.18 implies it has historically moved less than the broad market.
Established in 1953 and headquartered in Mumbai, India, NITCO Limited is a prominent provider of floor and wall tiling solutions, operating both within India and internationally. The company's operations are divided into two primary segments: Tiles and Associated Products, and Real Estate. NITCO offers a diverse portfolio of products, including ceramic wall and floor tiles, polished and glazed vitrified tiles, as well as vitrified DCH, heavy-duty, and SST tiles. Its distribution network comprises approximately 1,800 sub-dealers and 380 direct dealers. Additionally, NITCO showcases its products through 9 "Le Studio" display centers and manages 143 franchised retail locations under the "Le Studio Express" and "Nitco Look" brands. Beyond its core tile business, the company is also involved in developing real estate properties.
NITCO Limited is most often compared with the following Industrials names: