Pressman Advertising Ltd

(PRESSMN)

Since its incorporation Nucent Financepreviously known as Pressman is engaged in leasing and hirepurchase and has maintained a steady growth. In 1987 it diversified by setting up a plastics division to manufacture PVC containers. However with effect from 1 Jan.94 this division has been leased out to an IndoFrench jointenture company Dubreuil Pressman. With the transfer of the division Nucent has been focussing only on the financial services sector both fund and nonfundbased.The company is a SEBI registered categoryI merchant banker. It has applied to SEBI for commencing portfolio management services and has also sought membership of the OTCEI. It is a member of the National Stock Exchange for both the debt and capital market segments. Nucent has promoted Corporate Management Services Research jointly with the Vinod Gupta School of Management under the aegis of the Indian Institute of Technology IIT Kharagpur to offer a wide range of services to industry and institutions. The company made a diversification in 2000 by entering into internet technologies and has set up Nucent Technolgiesa separate division. This division had performed well in 20002001. The companies subsidiaries are Nucent Share and Stock Broking Limited and Nucent Securities Limited. The former one is a member of Calcutta Stock Exchange and the latter is a member of NSE..

Share Price: ₹266.45 per share as on 21 Sep, 2023 04:01 PM
Market Capitalisation: ₹626.16Cr as of today
Revenue: ₹150.15Cr as on March 2023 (Q1 23)
Net Profit: ₹15.35Cr as on March 2023 (Q1 23)
Chairperson Name: Niren Suchanti