National Oxygen Limited is a company based in India that specializes in the production and distribution of industrial and medical gases, as well as related equipment and services. They play a crucial role in providing essential gases such as oxygen, nitrogen, argon, and others to various industries and healthcare facilities. National Oxygen Limited is a well-established company headquartered in Kolkata, India. In this article we will discuss National Oxygen Share Price Target for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
Table of Contents
Business Model of National Oxygen Limited
National Oxygen Limited, like many industrial and medical gas companies, operates on a business model that involves several key components:
- Gas Production: National Oxygen Limited produces a range of gases, including industrial gases like oxygen, nitrogen, argon, and specialty gases, as well as medical gases like medical-grade oxygen. These gases are produced through various methods, including cryogenic distillation and gas separation processes.
- Gas Storage: The company typically maintains storage facilities to store large quantities of gases in various forms, such as compressed gas cylinders, liquid tanks, and bulk storage systems. This ensures a reliable supply of gases to meet customer demands.
- Distribution: National Oxygen Limited has a distribution network that reaches various industries and sectors. They supply industrial gases to manufacturing plants, construction sites, and other industrial operations. They also supply medical gases to hospitals, clinics, and other healthcare facilities.
- Equipment and Services: In addition to gases, the company often provides equipment and services related to gas handling and application. This may include the sale or rental of gas cylinders, gas delivery systems, and installation and maintenance services for gas equipment.
- Customer Relationships: Building and maintaining strong relationships with a diverse customer base is crucial. They cater to a wide range of clients, including industrial, healthcare, and research institutions. These relationships are often long-term and built on trust and reliability.
- Safety and Compliance: Given the nature of gases, safety and compliance with regulatory standards are paramount. National Oxygen Limited invests in safety measures, training, and compliance with government regulations to ensure the safe handling, transportation, and storage of gases.
Shareholding of National Oxygen
As of March 2023, Shareholding of National Oxygen are as –
- Promotors- 70%.
- Public- 30%.
National Oxygen Limited Share
National Oxygen is listed on the National Stock Exchange and the Bombay Stock Exchange and has a large number of shareholders. Promotors holds the majority stake in the company.
As of 22 August, 2023, National Oxygen share price on the NSE was INR 146.76/-, National Oxygen Share 52 week high at Rs. 180/- & 52 week low Rs. 62/-.
| Company Name | National Oxygen Limited |
| Share Name | NOL |
| Sector | Industrial and Medical Gases |
| Headquater | Chennai |
| Foundation | 1958 |
| Key Person | Rajesh Kumar Saraf (MD) |
| Market Cap | 70 Crores Rs. |
| Revenue | 47 Crore Rs |
| Official Website | Click Here |
National Oxygen Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 165 | 188 |
| 2024 | 195 | 240 |
| 2025 | 270 | 315 |
| 2026 | 330 | 390 |
| 2027 | 420 | 510 |
| 2028 | 535 | 645 |
| 2029 | 680 | 820 |
| 2030 | 850 | 1060 |
| 2040 | 2460 | 2750 |
| 2050 | 6400 | 7200 |
Note:- “That these share price targets for “National Oxygen Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of National Oxygen Limited
Annual result summary of National Oxygen Limited for the financial year 2022-23 (ending March 31, 2023):
- Revenue: ₹47 crore, down 0.48% from the previous year.
- Net profit: ₹-1 crore, a loss of 75.75% from the previous year.
- Net worth: ₹-1 crore, down 0.02% from the previous year.
- Debt: ₹29 crore, down 12.31% from the previous year.
- Free cash flow: ₹1 crore, down 87.12% from the previous year.
- CFO: ₹2 crore, down 80.80% from the previous year.
- EBITDA: ₹47.66 crore.
Last 5 Year History of National Oxygen Share
In Last 5 year National Oxygen Share give 635% returns to its Investors.
| Year | Share Price |
| Aug- 2018 | 19.95 |
| Aug- 2019 | 35.90 |
| Aug- 2020 | 36 |
| Aug- 2021 | 68.30 |
| Aug- 2022 | 151.50 |
National Oxygen Share Price Target 2023
The industrial and medical gas industry is evolving, with advancements in technology and automation. NOL might invest in the integration of advanced technologies to enhance efficiency in gas production, distribution, and customer service.
National Oxygen share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹165 | ₹188 |
National Oxygen Share Price Target 2024
A strong economic environment would lead to increased demand for industrial gases, which would benefit NOL. A weak economic environment would lead to decreased demand for industrial gases, which would hurt NOL.
National Oxygen share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹195 | ₹240 |
National Oxygen Share Price Target 2025
The company has taken a number of steps to improve its financial performance, including the rationalization of its product portfolio, the reduction of its debt, and the improvement of its operational efficiency.
National Oxygen share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹270 | ₹315 |
National Oxygen Share Price Target 2026
Given the critical role of medical gases, NOL might deepen its involvement in the healthcare sector. This could involve expanding its network of medical gas supply to meet the demands of an aging population and increased healthcare infrastructure.
National Oxygen share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹330 | ₹390 |
National Oxygen Share Price Target 2027
Collaborations with other companies or research institutions can open up new opportunities for growth and innovation. NOL might explore partnerships that align with its strategic goals.
National Oxygen share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹420 | ₹510 |
National Oxygen Share Price Target 2028
NOL may explore opportunities for market expansion, either by entering new geographic regions or diversifying its product and service offerings. This could involve targeting emerging industries with specific gas requirements.
National Oxygen share price target 2028 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2028 | ₹535 | ₹645 |
National Oxygen Share Price Target 2029
NOL has taken some steps to improve its financial performance. The company has rationalized its product portfolio, reduced its debt, and improved its operational efficiency. NOL is also focusing on new growth areas, such as medical gases and specialty gases.
National Oxygen share price target 2029 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2029 | ₹680 | ₹820 |
National Oxygen Share Price Target 2030
NOL has taken some steps to improve its financial performance. The company has rationalized its product portfolio, reduced its debt, and improved its operational efficiency. NOL is also focusing on new growth areas, such as medical gases and specialty gases.
National Oxygen share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹850 | ₹1060 |
Recent News of National Oxygen Limited
Sure, here are some recent news about National Oxygen Limited:
- August 11, 2023: The company announced its unaudited financial results for the quarter ended June 30, 2023. The company reported a net loss of ₹1 crore for the quarter, compared to a net profit of ₹1 crore in the same quarter last year. The company’s revenue for the quarter was ₹12 crore, down from ₹13 crore in the same quarter last year.
- August 7, 2023: The company announced that it has received a clarification from the Bombay Stock Exchange (BSE) regarding the movement in its share price. The BSE had sought clarification from the company on the sharp rise in its share price in recent days. The company said that there was no material information that had not been disclosed to the public that could have led to the rise in its share price.
- July 21, 2023: The company announced that it has signed a memorandum of understanding with a leading medical oxygen supplier to set up a joint venture company to manufacture and supply medical oxygen. The joint venture company will be based in Mumbai and will have a capacity to produce 100 tonnes of medical oxygen per day.
- June 27, 2023: The company announced that it has appointed a new managing director and chief executive officer. The new CEO is Mr. Rahul Sharma, who has over 20 years of experience in the industrial gases industry.
FAQs
in BSE the Share name of National Oxygen is NOL | 507813
As per our analyst, for year 2023 National Oxygen share price will be Rs.165 to Rs.188.
