Damodar Industries Ltd
Damodar Indust. | 521220
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About Company
- Damodar Industries Limited was originally incorporated as 'Damodar Threads Limited' on 11th December 1987 as a Private Company to manufacture Synthetic Blended Yarns
- The Company was converted into Public Company and name of the Company was changed to Damodar Industries Limited dated 22 January, 2023
- Company has a strong market presence and a history of expanding its manufacturing capabilities
- The company is known for its extensive experience in the fancy yarn segment and has cultivated strong relationships with customers and suppliers, leading to a stable market position
- This improvement is further driven by the receipt of government subsidies and the anticipated realization from the sale of its Dadra Plant
- The company has also invested in advanced machinery by installing 1420 Rotors for producing specialty Open End Yarns and Italian Branded machines for producing exclusive yarns for home textiles and sweater market
- The company has installed enabling it to produce a wide array of value-added yarns and enhancing its position as one of India's largest manufacturers in this sector
- The Weaving Plant with 32 Picanol looms with other preparatory machines at Daman Factory was made operational in November, 2004
- The setting up a doubling plant of fancy yarn at Silvassa became operational in May, 2005
- 14,400 spindles were put to operation during 2006-07
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Damodar Industries Ltd?
The current share price of Damodar Industries Ltd (Damodar Indust.) is ₹24.81. 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 Damodar Industries Ltd?
Damodar Industries Ltd has a 52-week high of ₹41.49 and a 52-week low of ₹25.00. This range shows the stock's price volatility over the past year.
What is the ROE of Damodar Industries Ltd?
Damodar Industries Ltd has a Return on Equity (ROE) of -5.84%. 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.
