Laxmi Cotspin Ltd
Laxmi Cotspin |
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About Company
- Laxmi Cotspin Limited was incorporated in Maharashtra, as 'Mauli Cotspin Private Limited', on October 7, 2005, with Certificate of Incorporation dated October 19, 2005, issued by Registrar of Companies
- Subsequently, the Company name was changed from 'Mauli Cotspin Private Limited' to 'Laxmi Cotspin Private Limited', dated October 12, 2007, issued by Registrar of Companies
- Further, it converted into a Public Limited Company, and the name of the Company was changed to 'Laxmi Cotspin Limited', and a Fresh Certificate of Incorporation dated March 7, 2011, issued by Registrar of Companies
- The Company is engaged in the manufacturing of cotton yarn, cotton bales, oil cake and oil seeds
- At present, the Company has spinning unit of 16800 spindles and 48 DR Ginning Pressing Unit at Samangaon, in Jalna District of Maharashtra
- The Company was established in year 2006, with a capacity of 13200 spindles with combers in the first phase
- Over the years, the company has expanded upto 16800 spindles with compact, lycra and slub attachment and has also set up one open end unit with 1200 Rotors
- The company also believes that, the company has established a strong customer base and good marketing setup
- The company has also started its own 'Organic Cotton Farming Project and Better Cotton (BCI) Project in Jalna District, with 4,750 farmers in 13,200 acre of cultivation land and yield capacity of initially 55,000 quintals Kapas (11,000 BCI certified own ginned cotton bales)
- Further, the company has expanded upto 40,000 bales per crop seasons in near future
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Laxmi Cotspin Ltd?
The current share price of Laxmi Cotspin Ltd (Laxmi Cotspin) is ₹14.83. 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 Laxmi Cotspin Ltd?
Laxmi Cotspin Ltd has a 52-week high of ₹31.00 and a 52-week low of ₹11.70. This range shows the stock's price volatility over the past year.
What is the ROCE of Laxmi Cotspin Ltd?
The Return on Capital Employed (ROCE) of Laxmi Cotspin Ltd is -0.35%. ROCE measures how efficiently the company generates profits from its capital, indicating management effectiveness.
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.
