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Salona Cotspin Ltd share Price Today

Company details

301.35
308.10
251.35
357.00
6M Return 2.38%
1Y Return 7.68%
Mkt Cap.(Cr) 161.57
Volume 552
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 552

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Salona Cotspin Ltd shares SWOT Analysis

Strengths (4)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
  • Book Value per share Improving for last 2 years

Weakness (8)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (0)

Data not found

Threats (2)

  • Companies Increasing Debt as per Annual Report
  • Increasing Trend in Non-Core Income

Resistance and support

R1 309.7
R2 312.3
R3 316.4
Pivot

305.50

S1 302.9
S2 298.8
S3 296.2
EMA SMA
304.8
301.6
300.3
294.6
306.6
297.7
302.6
298.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SURESHKUMAR MAKWANA Bulk Purchase 2023-10-13 297.25 27702 NSE
SURESHKUMAR MAKWANA Bulk Sell 2023-10-13 295.33 27702 NSE
MANMOHAN CHAUHAN Bulk Purchase 2021-07-19 195.79 39741 NSE
Name Category Shares
Krishna Agarwal . PROMOTER 8.47%
Shyamlal Agarwala PROMOTER 8.16%
Arun Kumar Jhajharia . PROMOTER 6.28%
Pistadevi Jhajharia . PROMOTER 6.18%
Pramod Kumar Jhajharia . PROMOTER 5.97%
Manoj Kumar Jhajharia . PROMOTER 5.93%
Mahesh Agarwal PROMOTER 4.94%
Sheli Agarwal . PROMOTER 4.31%
Sabita Agarwal . PROMOTER 4.26%
Indu Agarwal PROMOTER 3.67%
Raghav Agarwal . PROMOTER 2.37%
Saloni Agarwal . PROMOTER 2.25%
Shyamlal Agarwal Huf . PROMOTER 0.78%
Arun Kumar Jhajharia (Huf) . PROMOTER 0.57%
Santosh Kumar Agarwal PROMOTER 0.57%
Umesh Kumar Agarwal PROMOTER 0.57%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Salona Cotspin Ltd Stocks COMPARISON

Financials( in Cr) Salona Cotspin Ltd Grasim Industries Ltd Trident Ltd Welspun Living Ltd Vardhman Textiles Ltd
Price 307.05 2,827.35 37.98 174.27 558.30
% Change -1.22 0.90 0.53 5.29 5.01
Mcap Cr 161.57 192,415.30 19,354.44 16,935.70 16,144.64
Revenue TTM Cr 486.91 117,627.08 6,808.83 8,093.76 10,137.49
Net Profit TTM Cr 17.57 11,078.20 349.99 202.51 804.75
PE TTM 26.38 30.83 55.85 24.86 25.56
1 Year Return 7.68 62.86 13.54 80.59 54.29
ROCE 13.81 9.04 10.48 5.91 11.62
ROE 26.74 14.35 8.23 5.03 9.89
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 74.18 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,424.68 50,451.86
LAST 3M 100,072.29 51,097.20
LAST 6M 183,053.48 43,859.44
LAST 12M 309,832.68 84,987.81

Salona Cotspin Ltd Information

Stock PE (TTM)
26.38
Promoter Holding
67.09%
Book Value
151.5209
ROCE
13.81%
ROE
26.74%
Description
  • Salona Cotspin Limited, incorporated in 1994, is a manufacturer and exporter of cotton yarn and knitted fabrics. The Company operates through cotton textile segment. Its products cater to the needs of hosiery/knitted, garment industries. The Company`s manufacturing plant is located at Pungampalli Village, Erode District. In 2010, the Company installed three more wind electricity generators to the total capacity of 2.20 MWs. During the fiscal year ended March 31, 2010 (fiscal 2010), it had an installed capacity to produce 21,744 spindles. It produced 3.681 million kilograms of yarn and 1.959 million kilograms hosiery knitted fabrics, windmill generated 5.573 million units of wind electricity. The wind electricity produced was used for the textile mill. The Company is inclined in manufacturing innovative blends. It assigns a designated textile professional as the contact person of the project. The consignment status is regularly updated with abinding notification prior to delivery. Salona goes a step further to provide technical customer service to assist on site. Salona also create a stock on demand, on request and deliver goods just in time. Salona has been into textile business for over 5 decades and has to its credit leading edge machinery & highly proficient staff. It produces high quality cotton and blend yarns suitable for hosiery, knitting & weaving. Products are produced from the best cotton and precisely blended in accordance to the �ekotex Standard to meet the customized requirements of the customers. Salona`s Superior yarn spells excellent tensile strength, complete yarn utilization from the spool and sheer uniformity in yarn. It can customize the knitwear apparels. As a measure to assimilate the global demands and apparel trends, Salona has established itself as a supplier of all kinds of Printed & Dyed Fabrics.

Registered Address

74/12 & 75/3 Sathy Main Road, Pungampalli Valipalayam PO, Erode, Tamil Nadu, 638402

Tel : 91-04295-268381/82
Email : info:salonagroup.com
Website : http://www.salonacotspin.com
Registrar

SKDC Consultants Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 590056
NSE Code : SALONA
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE498E01010

FAQ’s on Salona Cotspin Ltd Shares

You can buy Salona Cotspin Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Salona Cotspin Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 16, 2024 03:55 PM the closing price of Salona Cotspin Ltd was Rs.307.05.

The latest PE ratio of Salona Cotspin Ltd as of Jul 16, 2024 03:55 PM is 26.38

The latest PB ratio of Salona Cotspin Ltd as of Jul 16, 2024 03:55 PM is 0.49

The 52-week high of Salona Cotspin Ltd share price is Rs. 357.00 while the 52-week low is Rs. 251.35

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 16, 2024 03:55 PM, the market cap of Salona Cotspin Ltd stood at Rs. 161.57 Cr.

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