Buy NOCIL, target price Rs 255: ICICI Direct

ICICI Direct has buy call on NOCIL with a target price of Rs 255. The current market price of NOCIL is Rs 211.7.

NOCIL Ltd., incorporated in the year 1961, is a Small Cap company (having a market cap of Rs 3532.16 Crore) operating in Chemicals sector.

Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 276.26 Crore, up 24.10 % from last quarter Total Income of Rs 222.61 Crore and up 41.17 % from last year same quarter Total Income of Rs 195.70 Crore. Company reported net profit after tax of Rs 22.31 Crore in latest quarter.


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