Aananda Lakshmi Spinning Mills Ltd
Aananda Lakshmi | 539096
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About Company
- Aananda Lakshmi Spinning Mills Limited was incorporated on March 21, 2013
- Due to financial crisis faced by the Company, the production, supply and sales suffered and the Company decided to discontinue its manufacturing activity at its units at Bhongir, Nalgonda District, in Telangana due to the financial crisis faced by the Company
- The Company is in the business of trading of specialized textile products such as Cotton Linters at its factory at Bhongir, Yadadri, Telangana and is in the business of Real Estate, Land Plotting and selling as well
- In terms of textile units, Indian Textile & Garment industry is one of the largest in the world
- Most of the processing units in India are independent units, with some have been integrated with spinning, weaving or knitting units
- A part of the Suryavanshi Group established in the 1960's, their legacy is built upon decades of unparalleled commitment to quality and innovation
- With deep-rooted expertise originating from spinning mills and advancing to real estate, the journey has been marked by tested milestones
- In 1980's, the Suryavanshi Group etched its name in history by erecting the iconic Surya Towers, a testament to the pioneering spirit, in the heart of Secunderabad, becoming the tallest edifice in the city at the time
- The operations of its spinning division discontinued with effect from September 22, 2020, as the Division has become unviable due to Continued cash losses At present, the Company by amending its objects taken up the business of developing land, buildings and other properties and for that purpose the Company has Converted Part of its land as Stock in Trade
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Frequently Asked Questions
What is Share Price of Aananda Lakshmi Spinning Mills Ltd?
The current share price of Aananda Lakshmi Spinning Mills Ltd (Aananda Lakshmi) is ₹11.36. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Aananda Lakshmi Spinning Mills Ltd?
Aananda Lakshmi Spinning Mills Ltd has a 52-week high of ₹16.44 and a 52-week low of ₹8.70. This range shows the stock's price volatility over the past year.
What is the ROE of Aananda Lakshmi Spinning Mills Ltd?
Aananda Lakshmi Spinning Mills Ltd has a Return on Equity (ROE) of 16.12%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
