Pressman Advertising Ltd - PRESSMAN ADV. Share Price

Summary

Since its incorporation, Nucent Finance(previously known as Pressman) is engaged in leasing and hire-purchase 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 Indo-French joint-enture company, Dubreuil Pressman. With the transfer of the division, Nucent has been focussing only on the financial services sector, both fund- and non-fund-based.The company is a SEBI registered category-I 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 Technolgies,a separate division. This division had performed well in 2000-2001. 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... Read More