For NORL,only if stake sale happens,it is going to turn around.Till then,only range bound.Cuddalore is prone for heavy rainfall every year and nature`s fury does not stop even for a year.Keeping this in mind,stake sale can only give the confidence,else this will be a struggle counter.
11.40 AM Nov 19th
NOCL means Nagarjuna oil corporation limited. Nagarjuna Oil Corporation limited (NOCL) is implementing a six million tonnes per annum refinery project at Cuddalore, a coastal town in Tamil Nadu, with a capital outlay of Rs.70 billions. The refinery will have integrated facilities like Captive power
9.45 PM Nov 4th
Jonas.. Refinery under construction in Tamilnadu Cuddalore.. they have fund shortage to complete the pending work.. ONGC/Shell Investing this company . next year APRIL -2104 will start the production.. this is another essaroil.. once the production start share price can go up to 50-70 rs range. Now
10.38 AM Oct 30th
Cuddalore is prone for natural calamities like rainfall including the recently havoc "thane strom". It is going to take some good time before these natural disasters are taken care off as part of due diligence.Hence the stock is moving cautiously and not vociferously.It is going to a while
1.55 PM Oct 23rd
Your company as on date holds 46.78% of Equity Capital in Nagarjuna Oil Corporation Limited (NOCL). NOCL is setting-up 6MMTPA refinery project at Cuddalore, Tamil Nadu. The implementation of the Project was impacted by cyclone `Thane`. The physical completion of the Project as on date is 58%.
10.23 PM Oct 21st
The total cost of the Cuddalore project %u2014 one of Tamil Nadu%u2019s largest private sector projects %u2014 is around Rs 25,000 crore, of which Nagarjuna has already spent Rs 6,000 crore. It is for the remaining Rs 19,000 crore that the company is looking for investors SO NORL is having
10.55 PM Sep 11th
of "Cuddalore Power Division" to SRM Energy Tamilnadu Private Limited, a wholly owned subsidiary of the Company, for the speedy implementation of the power project of the Company, with effect from the Appointed Date i.e. April 01, 2012 which is pending with Hon’ble High Court Bombay for final approval
12.22 PM Sep 5th
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