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Surat Trade & Merchantile Ltd share Price Today

Company details

9.00
9.15
7.90
13.90
6M Return -17.38%
1Y Return 11.62%
Mkt Cap.(Cr) 200.52
Volume 158,860
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 158,860

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Surat Trade & Merchantile Ltd shares SWOT Analysis

Strengths (4)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Company with No Debt
  • Book Value per share Improving for last 2 years

Weakness (3)

  • Declining Revenue every quarter for the past 2 quarters
  • Major fall in TTM Net Profit
  • Weak Momentum: Price below Short, Medium and Long Term Averages

Opportunity (0)

Data not found

Threats (1)

  • RSI indicating price weakness

Resistance and support

R1 9.1
R2 9.2
R3 9.3
Pivot

9.06

S1 9.0
S2 8.9
S3 8.8
EMA SMA
9.2
9.4
9.6
9.7
9.1
9.3
10.0
9.9
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GARDEN SILK MILLS LIMITED Bulk Sell 2022-03-03 12.32 1429025 BSE
GARDEN SILK MILLS LIMITED Bulk Sell 2022-02-23 13.99 2004424 BSE
ALPHA LEON ENTERPRISES LLP Bulk Purchase 2022-01-03 22.1 1146439 BSE
Name Category Shares
ALOK PRAFUL SHAH PROMOTER 24.75%
PRAFUL A SHAH PROMOTER 16.75%
SHILPA PRAFUL SHAH PROMOTER 9.75%
SUHAIL PRAFUL SHAH PROMOTER 9.75%
PRAFUL AMICHAND SHAH (HUF) PROMOTER 4.5%
PALOMAR TEXTILES LTD PROMOTER 2.95%

FINANCIALS

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

Surat Trade & Merchantile Ltd Stocks COMPARISON

Financials( in Cr) Surat Trade & Merchantile Ltd Bajaj Finance Ltd Indian Railway Finance Corporation Ltd Bajaj Finserv Ltd Jio Financial Services Ltd
Price 9.03 6,932.30 205.77 1,640.25 338.75
% Change -4.24 -1.74 1.01 3.65 -2.64
Mcap Cr 200.52 429,106.60 268,910.65 261,700.08 215,217.50
Revenue TTM Cr 25.31 54,971.56 23,891.95 110,382.29 44.84
Net Profit TTM Cr 62.42 14,451.17 6,337.01 15,595.36 31.25
PE TTM 22.17 30.42 41.92 32.32 134.66
1 Year Return 11.62 -7.98 524.49 2.66 36.10
ROCE 2.01 11.92 5.32 13.15 0.03
ROE 37.58 22.05 14.66 29.22 0.02
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 196.12 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 9,375.48 46,413.64
LAST 3M 98,140.76 57,810.87
LAST 6M 181,004.26 50,573.11
LAST 12M 308,789.42 84,868.62

Surat Trade & Merchantile Ltd Information

Stock PE (TTM)
22.17
Promoter Holding
68.45%
Book Value
9.2395
ROCE
2.01%
ROE
37.58%
Description
  • Surat Trade and Mercantile Ltd was originally incorporated as Public Limited Company in the name of "Surat Textile Mills Limited" on November 29, 1945. The name of the Company was changed to Garden All Cotton Limited with effect from July 21, 1993. Again, the name was changed to Garden Cottons and Yarns Ltd. with effect from October 5, 1993 and consequently to Surat Textile Mills Limited with effect from March 11, 1997. The Company is presently engaged in the business of trading in commodities and commodity related activities while considering the resources and size of the Company. The company`s 3 manufacturing plants are located in Surat, Gujarat. In Mar.`95, it issued rights shares at a premium and FCDs. During 1994-95, STML privately placed secured redeemable PCDs with financial institutions. The above proceeds were utilised for the company`s expansion cum modernisation programme which it undertook by installing 25,200 spindles and manufactured PFY having a installed capacity of 17,500 TPA. The above expansion were completed and production was started in 1996. The Poly Condensation Unit commenced commercial production of Fibre grade Polyester Chips in 1996. The implementation of the POY Spinning project has been set up into two two phases due to demand recession. The company`s yarn doubling and grassing project at silvassa became fully operational during 1996-97. In 1998 the company installed 12,384 spindles of synthetic fibre at Vareli and production started in the same year. The operating environment of Polyester Chips and Yarn segment remained unfavourable since 2021- 2022. With the objective to preserve the value of the plant assets (being in shut down condition), the Management after evaluating various options, decided to sell the assets of the Company`s Manufacturing Division at Taluka Palsana, Surat, in relation to the unit and executed the definitive agreements in April, 2022. Consequent to sale/transfer of the assets, the management after considering various options for possible alternate business, commenced the new activities of trading in commodities and other commodity related business from third quarter of FY23. In 2022-23, Vareli Trading Company Limited (VTCL) got merged with the Company and was made effective from September 26, 2022 through the Scheme of Amalgamation.

Registered Address

6th Floor Tulsi Krupa Arcade, Pune Kumbaria Road Dumbhal, Surat, Gujarat, 395010

Tel : 91-261-2311198
Email : sharedepartment:stml.in
Website : http://www.surattextilemillsltd.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 530185
NSE Code :
Book Closure Date (Month) : Aug
BSE Group : X
ISIN : INE936A01025

FAQ’s on Surat Trade & Merchantile Ltd Shares

You can buy Surat Trade & Merchantile Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Surat Trade & Merchantile Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 19, 2024 04:01 PM the closing price of Surat Trade & Merchantile Ltd was Rs.9.03.

The latest PE ratio of Surat Trade & Merchantile Ltd as of Jul 19, 2024 04:01 PM is 22.17

The latest PB ratio of Surat Trade & Merchantile Ltd as of Jul 19, 2024 04:01 PM is 1.02

The 52-week high of Surat Trade & Merchantile Ltd share price is Rs. 13.90 while the 52-week low is Rs. 7.90

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 19, 2024 04:01 PM, the market cap of Surat Trade & Merchantile Ltd stood at Rs. 200.52 Cr.

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