Angel Fibers Ltd
Angel Fibers | 541006
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About Company
- Angel Fibers Limited was originally incorporated as a Private Limited Company in the name and style of as 'Angel Fibers Private Limited' at Rajkot on February 14, 2014
- Subsequently the Company converted to Public Limited Company and name changed to Angel Fibers Limited' on December 11, 2017 and a Fresh Certificate of Incorporation was issued by the Registrar of Companies, Gujarat upon the conversion of the Company to Public Limited
- The Company's principal line of business is manufacturing and spinning of Cotton Yarns
- Company has spinning units located near Rajkot, one of the develop belt of cotton crop of Gujarat with an installed capacity of 39648 spindles
- It has setup 2 spinning units, out of which capacity of 1st unit is 19584 spindles and 2nd unit is 20064 spindles
- Apart from this, the Company also trade in cotton waste which is by-product of its manufactured product
- The manufacturing facility of the Company is situated at Kalavad in Jamanagar district of Gujarat state which is close to the cotton growing areas of Maharashtra and Saurashtra (region) of Gujarat
- The Company commissioned the Spinning Unit of Cotton Yarn Plant in 2015-16, by setting up cotton yarn spinning unit with 19584 spindles having installed capacity of 4363 MT per annum
- By setting up of the Ginning and Spinning unit, it entered the textile industry to cope up with the changes in fashion consciousness, development in cotton textile sector and synchronizing with initiatives provided by Central and State Government
- In February, 2018, the Company came up with an Initial Public Offer of 67,48,000 Equity Shares by raising equity capital aggregating Rs 18
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Frequently Asked Questions
What is Share Price of Angel Fibers Ltd?
The current share price of Angel Fibers Ltd (Angel Fibers) is ₹10.60. 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 Angel Fibers Ltd?
Angel Fibers Ltd has a 52-week high of ₹23.48 and a 52-week low of ₹9.85. This range shows the stock's price volatility over the past year.
What is the ROE of Angel Fibers Ltd?
Angel Fibers Ltd has a Return on Equity (ROE) of 6.80%. 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.
