Salona Cotspin Ltd
Salona Cotspin | 590056
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About Company
- Salona Cotspin Limited, incorporated in 1994, is a manufacturer and exporter of cotton yarn and knitted fabrics
- The Company operates through cotton textile segment comprising Spinning of Yarn and Knitted Fabrics
- Company's manufacturing plant is located at Pungampalli Village, Erode District
- In 2010, the Company installed three more wind electricity generators to the total capacity of 2
- In 2015-16, due to energy evacuation back out imposed by the TANGEDCO during the year, the steep fall in export of wind electricity
- The Wind electricity was captively consumed by use in the Textile Mill
- Company consumed major portion of green energy in order to reduce carbon footprints
- By captive consumption, the Wind Electricity contributed for reduction in power cost, and contributed to the profits of the textile mill in 2017
- The Company entered into Branded Garment Business in 2017 and launched the brand 'NEWRIE LONDON'
- It started woman garments under the Brand of 'NEWRIE LONDON' and opened their own showrooms in various places in India and appointed the franchise and distributors throughout the country in FY18
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Salona Cotspin Ltd?
The current share price of Salona Cotspin Ltd (Salona Cotspin) is ₹277.00. 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 Salona Cotspin Ltd?
Salona Cotspin Ltd has a 52-week high of ₹320.00 and a 52-week low of ₹200.00. This range shows the stock's price volatility over the past year.
What is the ROE of Salona Cotspin Ltd?
Salona Cotspin Ltd has a Return on Equity (ROE) of 1.88%. 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.
