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Salona Cotspin Ltd share Price Today

Company details

293.10
304.95
250.00
357.00
6M Return 5.14%
1Y Return 4.47%
Mkt Cap.(Cr) 159.39
Volume 9,620
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 9,620

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Salona Cotspin Ltd shares SWOT Analysis

Strengths (3)

  • Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
  • Book Value per share Improving for last 2 years
  • Company with Zero Promoter Pledge

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 (1)

  • RSI indicating price strength

Threats (2)

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

Resistance and support

R1 307.5
R2 312.2
R3 319.4
Pivot

300.32

S1 295.7
S2 288.5
S3 283.8
EMA SMA
292.0
295.2
297.1
291.9
291.7
296.0
304.2
293.5
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 Raymond Ltd Welspun Living Ltd
Price 302.90 2,471.20 39.39 2,487.50 144.14
% Change 0.13 0.53 -1.60 -1.34 2.36
Mcap Cr 159.39 168,177.52 20,072.97 16,560.28 14,007.64
Revenue TTM Cr 486.91 117,627.08 6,332.26 9,019.51 8,093.76
Net Profit TTM Cr 17.57 11,078.20 441.61 1,643.07 202.51
PE TTM 26.11 26.94 57.06 9.90 20.56
1 Year Return 4.47 42.76 17.58 50.06 51.01
ROCE 13.81 9.04 11.89 30.24 5.91
ROE 26.74 14.35 10.99 43.72 5.03
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 74.18 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,452.94 -2,589.17
LAST 3M 105,794.56 -32,067.62
LAST 6M 178,880.68 -18,917.36
LAST 12M 290,144.87 98,834.05

Salona Cotspin Ltd Information

Stock PE (TTM)
26.11
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 Jun 14, 2024 03:44 PM the closing price of Salona Cotspin Ltd was Rs.302.90.

The latest PE ratio of Salona Cotspin Ltd as of Jun 14, 2024 03:44 PM is 26.11

The latest PB ratio of Salona Cotspin Ltd as of Jun 14, 2024 03:44 PM is 0.50

The 52-week high of Salona Cotspin Ltd share price is Rs. 357.00 while the 52-week low is Rs. 250.00

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 Jun 14, 2024 03:44 PM, the market cap of Salona Cotspin Ltd stood at Rs. 159.39.

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