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NOCIL stock surges 12% on ₹130 crore capex plan

NOCIL's stock surged 12% to ₹178.60 following a ₹130 crore capex approval for its Dahej plant expansion, aiming for completion by H1 FY2026. Trading volume increased dramatically, with over 60.9 million shares exchanged in three days.

after close1 source ↓written by the desknot a recommendation

capacity expansion
₹130 crore
The stock jumped
12%
₹178.60
soaring
60.9 million shares
over three days
28% gain

NOCIL's board approved a ₹130 crore capacity expansion at its Dahej plant, expected to complete by H1 FY2026. The stock jumped 12% to ₹178.60, with trading volume soaring to over 60.9 million shares. This expansion aims to enhance revenue amid improving domestic demand, despite international market pressures.

• 28% gain over three days

• Management anticipates modest volume growth this fiscal year

• Valuation concerns persist amid competitive challenges.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 24 Mar 2026, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

NOCIL closed −1.8% on the day of the news, from ₹162.95 to ₹160.10; Nifty +1.7% over the same session.

Bulletin at 16:06 IST on 24 Mar 2026. Every change is measured from ₹162.95, the last close before it, on 24 Mar. Nifty 50 is measured over the same sessions.

  • NOCIL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
NOCIL closes around the bulletin against the close before the news, with Nifty 50 rebased to it124.10162.95201.80axis spans 63%before the news · 24 Mar162.95Nifty 50NOCILbulletinD0+1+3+518 Mar1 Apr13 AprReference close ₹162.95. 16 sessions from 18 Mar to 13 Apr; the price axis spans 63 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before24 Mar₹162.95basebase
On the day25 Mar₹160.10▼ −1.8%▲ +1.7%−3.5 pp difference
+1 session27 Mar₹157.79▼ −3.2%▼ −0.4%−2.8 pp difference
+3 sessions1 Apr₹163.71▲ +0.5%▼ −1.0%+1.5 pp difference
+5 sessions6 Apr₹162.48▼ −0.3%▲ +0.2%−0.5 pp difference
Gap at the open, % · ₹
▲ +0.6%+1.04 on 25 Mar
Day's range, % · ₹
9.6%≈ 16 high to low
Volume on the day
2.26×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · NOCIL on the desk →

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