NOCIL Ltd.

NSE: NOCIL | BSE: 500730 | ISIN: INE163A01018 | Industry: Specialty Chemicals
| Await Turnaround

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NOCIL Ltd.
23 Nov 2021
183.86
-1.70%
Motilal Oswal
Aniline is primarily used as a feedstock for producing Methylene Diphenyl Diisocyanate (MDI). By end-user market, it is primarily used in the Building and Construction space (constitutes 55% of the total consumption), followed by Auto (16%), rubber chemicals (11%), and Consumer Goods (10%). MDI prices continue to witness an uptrend in the North American market, backed by consistent demand from the Housing sector, downstream plasticizers, and insulator. The number of houses authorized for construction, but not yet started, touched a 15-year high in Oct'21 due to a shortage of...
NOCIL Ltd. has an average target of 174.00 from 3 brokers.
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