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Suryavanshi Spinning Mills Ltd share Price Today

Company details

22.98
24.40
19.40
37.90
6M Return 1.61%
1Y Return -0.04%
Mkt Cap.(Cr) 11.78
Volume 1,485
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 1,485

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Suryavanshi Spinning Mills Ltd shares SWOT Analysis

Strengths (2)

  • Company with Zero Promoter Pledge
  • Profit to Loss Companies

Weakness (9)

  • MACD Crossover Below Signal Line
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Degrowth in Revenue and Profit

Opportunity (1)

  • Stock with Low PE (PE < = 10)

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 24.0
R2 24.9
R3 25.4
Pivot

23.49

S1 22.6
S2 22.1
S3 21.2
EMA SMA
23.8
24.0
24.4
24.6
23.9
23.6
25.3
24.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
MAHENDRA GIRDHARILAL WADHWANI Bulk Purchase 2022-09-02 43.96 31042 BSE
PANKAJ KUMAR RAMAWAT Bulk Sell 2021-03-03 7.15 27715 BSE
DEVENDER KUMAR AGARWAL Block Purchase 2012-10-09 12.88 670608 BSE
Name Category Shares
RAJENDER KUMAR AGARWAL PROMOTER 24.84%
YAMUNADEVI AGARWAL PROMOTER 20.61%
NARBADA BAI PROMOTER 12.62%

FINANCIALS

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

Suryavanshi Spinning Mills Ltd Stocks COMPARISON

Financials( in Cr) Suryavanshi Spinning Mills Ltd Grasim Industries Ltd Trident Ltd Raymond Ltd Welspun Living Ltd
Price 23.99 2,441.00 37.85 2,226.45 143.50
% Change -0.70 -0.52 -0.26 -0.78 -0.28
Mcap Cr 11.78 166,122.26 19,288.19 14,822.37 13,945.44
Revenue TTM Cr 53.13 117,627.08 6,332.26 8,214.72 8,093.76
Net Profit TTM Cr -0.24 11,078.20 441.61 536.96 202.51
PE TTM 0.00 26.62 54.87 8.83 20.48
1 Year Return -0.04 44.13 8.92 40.30 56.23
ROCE 0.00 9.04 11.89 21.11 5.91
ROE 0.00 14.35 10.99 23.24 5.03
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: -9.87 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,248.28 -22,040.96
LAST 3M 102,638.29 -30,717.76
LAST 6M 167,920.74 50,623.85
LAST 12M 262,867.28 126,756.31

Suryavanshi Spinning Mills Ltd Information

Stock PE (TTM)
0
Promoter Holding
58.07%
Book Value
-20.0505
ROCE
0%
ROE
0%
Description
  • Suryavanshi Spinning Mills Ltd (SSML) was established in Dec.`78. Promoted by L N Agarwal and B N Agarwal & Associates, the Company started its operations with spinning activity in 1978 with spindle capacity of 1728 and steadily grown to a capacity of 1,00,000 by 2002. It installed Evenness Tester Machine for testing of cotton for all parameters like strength, length of the fiber, etc. Again, it diversified into textile related activities and set up Knitting and Processing Plant under the same management. We have also entered into manufacturing of fashionable garments in the year 1997. Surryavanshi Group, with this integrated activity of manufacturing of yarn to readymade garments has become a deep layer in the textile industry in India and also adding its share to the exports. SSML manufactured high count cotton yarn for hosiery and for weaving upto 1992-93. Later, it diversified into the production of lower count blended yarn such as millange and polyester viscose yarn. The end-user segments are hosiery, garments and textiles. Other group companies are Suryavanshi Cotton Mills and Suryalata Spinning Mills. SSML came out with a rights-cum-public issue in Aug.`94. The rights issue (premium : Rs 30) aggregating Rs 6.04 cr and the Rs 6.76-cr public issue (premium : Rs 60) financed for the expansion made to the spindleage at the Rajna unit by installing 10,080 spindles; and by modernising the Bhongir unit in AP. The cost of the project was Rs 17.87 cr. The modernisation project under TUF which flagged off in year 2000 got completed. The Company set up another Garments Division near Bhongir unit situated in Nalgonda District, Andhra Pradesh with a production capacity of 5,000 pieces per day in 2003. During 2004-05, 100% Export Oriented Unit of the Company situated at Chindwara District, Madhya Pradesh was debonded and converted into Domestic Tariff Area (DTA) Unit effective 5th December, 2002. The Scheme of Arrangement by way of Demerger between Suryavanshi Spinning Mills Ltd, Aananda Lakshmi Spinning Mills Ltd and Sheshadri Industries Ltd became effective on August 21, 2014. Accordingly, Yarn Unit at Bhongir at Telangana of the Company was transferred to and vested into Aananda Lakshmi Spinning Mills Limited (ALSML) and Yarn Unit at Rajna, Madhya Pradesh and Garment Units at Aliabad and Bhongir, in the State of Telangana of the Company were transferred to and vested into Sheshadri Industries Limited (SIL). In terms of the Scheme of Arrangement, 37 equity share of Rs 10/- each fully paid up of Sheshadri Industries Ltd and 26 equity share of Rs 10/- each fully paid up of Aananda Lakshmi spinning Mills Ltd were allotted to the shareholders of the Company for every 100 equity shares held in the Company.

Registered Address

6th Floor Surya Towers, 105 Sardar Patel Road, Secunderabad, Andhra Pradesh, 500003

Tel : 91-40-27843333
Email : grievances:suryavanshi.com, info:suryavanshi.com
Website : http://www.suryavanshi.com
Registrar

Sathguru Mngt Consul Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 514140
NSE Code : SURYVANSPG
Book Closure Date (Month) : Sep
BSE Group : X
ISIN : INE431C01023

FAQ’s on Suryavanshi Spinning Mills Ltd Shares

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

Company share prices and volatile and keep changing according to the market conditions. As of May 24, 2024 03:58 PM the closing price of Suryavanshi Spinning Mills Ltd was Rs.23.99.

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 May 24, 2024 03:58 PM, the market cap of Suryavanshi Spinning Mills Ltd stood at Rs. 11.78.

The latest PE ratio of Suryavanshi Spinning Mills Ltd as of May 24, 2024 03:58 PM is 0.00

The latest PB ratio of Suryavanshi Spinning Mills Ltd as of May 24, 2024 03:58 PM is -0.84

The 52-week high of Suryavanshi Spinning Mills Ltd share price is Rs. 37.90 while the 52-week low is Rs. 19.40

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