Meenakshi (India) Ltd
Meenakshi (I) | 544831
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About Company
- Meenakshi India Limited was founded as a textile trading company by Mr
- Shyam Sunder Goenka, establishing its base in Chennai, Tamil Nadu, India since year 1982
- The Company commenced its own manufacturing unit in 1990 ,which has keen interest in steel, plantations, power generation, industrial warehousing, and education
- With its head office in Chennai, MIL operates 3 advanced manufacturing units in Salem, Tamil Nadu, India, producing up to 240,000 garments each month
- Company ventured into Agricultural business by acquiring 280 acres of agricultural land in Sirumalai, Dindigul, for coffee, pepper and other seasonal fruits in 1993
- In 2001, it relocated the manufacturing operations to Salem, a major textile hub in southwest of Chennai
- The production capacity was doubled by setting up a Unit 2 in Salem and by expanding into bottomwear and outerwear markets in 2006-07
- Washing Unit Laundry and embroidery facilities were introduced in 2008
- A third manufacturing unit established with additional sewing capacity added to Unit 2, building total manufacturing capacity to 100,000 garments per month across all three Salem facilities in 2011
- Later, the third unit was expanded by 50%, increasing the monthly capacity to 150,000 garments in FY22
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Meenakshi (India) Ltd?
The current share price of Meenakshi (India) Ltd (Meenakshi (I)) is ₹394.90. 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 Meenakshi (India) Ltd?
Meenakshi (India) Ltd has a 52-week high of ₹445.90 and a 52-week low of ₹281.99. This range shows the stock's price volatility over the past year.
What is the ROE of Meenakshi (India) Ltd?
Meenakshi (India) Ltd has a Return on Equity (ROE) of 20.64%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
What is the ROCE of Meenakshi (India) Ltd?
The Return on Capital Employed (ROCE) of Meenakshi (India) Ltd is 27.88%. 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.
