Southern Latex Ltd
Southern Latex | 514454
Share Price Chart - Southern Latex Ltd
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About Company
- Southern Latex Limited incorporated as a private limited company on 29 March, 1989, was converted into a public limited company in September, 1993
- The Company was incorporated to carry on the business of manufacturing, processing and selling of rubberized coir products
- The Company has advanced to become a leading manufacturer and exporter of a comprehensive range of supported industrial gloves coated with natural latex, nitrile and neoprene for the professional Personal Protection Equipment (PPE) markets, as well as consumer retail DIY markets
- The factory is in Penang, in the northern part of Peninsula Malaysia
- Their glove production exceeds 10 million pairs per annum and products are sold internationally though OEM and private label arrangements with many well known global PPE brands and major retailers in various markets
- The Company implemented project for the manufacture of 90,000 rubberised coir mattresses at Gummidipoondi costing Rs 140 lakhs
- It commenced commercial production from Nov
- '94, the company came out with a public issue to part-finance its project for the expansion of installed capacity from 90,000 mattresses pa to 1,80,000 mattresses pa; to install facilities for finishing of mattresses ; to set up facilities for coir curling at Cumbum and to set up a latex creaming plant at Thalakkudi (Tirunelveli district)
- The coir plant and the latex creaming plant became operational in 1994-95
- In 1995-96, the company's new coir and latex creaming plants became fully operational contributing to the reduction in the cost of production
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Southern Latex Ltd?
The current share price of Southern Latex Ltd (Southern Latex) is ₹34.18. 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 Southern Latex Ltd?
Southern Latex Ltd has a 52-week high of ₹89.88 and a 52-week low of ₹24.32. This range shows the stock's price volatility over the past year.
What is the ROE of Southern Latex Ltd?
Southern Latex Ltd has a Return on Equity (ROE) of 2.82%. 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.
