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About Ashnoor Textile Mills Ltd
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Incorporated in January, 1984, Ashnoor Textile Mills Ltd (Formerly known Gupta Carpets Udyog Ltd) is promoted by Mr. Suneel Gupta. The Company operate production facilities at Amritsar, Agra, Mirzapur, Jaipur, Panipat and Srinagar. It is engaged in manufacture and export of Terry Towels to the US. It has one plant located at Gurgaon. The Company produce over 5400 tons of high quality towels annually. It provide a full range of towel products catered to the hospitality industry. The Company started its operations in the early 1990`s and today; they are one of the leading suppliers for medium to large size hotel chains. They`re pioneers in white, colored, pool and kitchen towels. The Company went public in 1986 and issued equity capital worth Rs 88 lac. It was followed by a rights issue in 1989 in the ratio of 1:2 at a premium of Rs 4 per share. In Mar.`92, the company came out with another rights issue. All these issues were made to expand its activities. Again, in Jul.`93, the company came out with a rights issue of 35.85 lac equity shares at a premium of Rs 35, aggregating Rs 16.13 cr, to set up a new industrial unit (100% EOU) to manufacture terry towels, towelling materials, made-ups, bath robes, jerseys, etc. Thereafter, the Company diversified into cotton spinning and weaving of fabrics and bathroom mats by installing a composite plant with a spinning capacity of 1800 tpa of fabric weaving with a capacity of 15 lac sq mtr pa in Punjab, a major cotton-growing area.
Ashnoor Textile Mills share price as on 13 Jul 2025 is Rs. 52.9. Over the past 6 months, the Ashnoor Textile Mills share price has decreased by 21.65% and in the last one year, it has increased by 23.89%. The 52-week low for Ashnoor Textile Mills share price was Rs. 39.02 and 52-week high was Rs. 84.11.
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Ashnoor Textile Mills Ltd FAQs
You can buy Ashnoor Textile Mills Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ashnoor Textile Mills Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jul 11, 2025 04:01 PM the closing price of Ashnoor Textile Mills Ltd was Rs.52.90.
The latest PE ratio of Ashnoor Textile Mills Ltd as of Jul 11, 2025 04:01 PM is 5.12
The latest PB ratio of Ashnoor Textile Mills Ltd as of Jul 11, 2025 04:01 PM is 1.03
The 52-week high of Ashnoor Textile Mills Ltd share price is Rs. 84.11 while the 52-week low is Rs. 39.02
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 11, 2025 04:01 PM, the market cap of Ashnoor Textile Mills Ltd stood at Rs. 84.28 Cr.
Market Outlook
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