Bhilwara Spinners Ltd share Price Today

Engaged in the manufacture of cotton yarn, synthetic blended yarn, hosiery yarn and sewing threads, Bhilwara Spinners Ltd. is controlled by the Bhilwara Group of Rajasthan. A subsidiary of Rajasthan Spinning & Weaving, it became an independent Company in 1990-91. It exports to countries in Western Europe and East Asia. Bhilwara Spinners came out with a public issue in Apr.`93 to part-finance its modernisation and to augment its working capital. A cost overrun of Rs 45 lac, was met through internal accruals. In 1995-96, the company undertook a balancing-cum-modernisation and expansion programme costing Rs 22.78 cr and as a result, 3840 spindles are added. The 4.25 MW Power project was completed in October,1998. he company completed the installation of 3 Autoconers and 8 Two for one twisters. The Scheme of Amalgamation of the Company M/s Rajasthan Spinning & Weaving Mills Limited was effective in view of the order of the Hon`ble High Court of Rajasthan,Jodhpur passed during 2000-01. The Company made a reference to BIFR about accumulated losses resulting in erosion of the Net Worth of the Company. During year 2023, the Company started a New Plant of 60 Looms having Capacity production of 116 lac. Mtr. Denim fabric per year.

Bhilwara Spinners share price as on 25 Apr 2024 is Rs. 120. Over the past 6 months, the Bhilwara Spinners share price has increased by 87.5% and in the last one year, it has increased by 192.68%. The 52-week low for Bhilwara Spinners share price was Rs. 37 and 52-week high was Rs. 159.9.