appSalona Cotspin Ltd
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Salona Cotspin Ltd
SALONA
Price Chart
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is less than the intrinsic value
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Key MetricsEdit
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Company Profile
Salona Cotspin Limited is engaged in textiles-spinning of yarn and knitted fabrics. The Company operates through Cotton Textiles segment. The Company's products include 100% Cotton Yarn and 100% Viscose Blended Yarn, which are used for knitting and weaving application; Ployester Cotton Yarn, which is used for towel weaving and fleece knitting; Ring Spun Yarn, which is used for high speed knitting and weaving, and Compact Yarn, which is used for weaving. The Company specializes in producing 100% cotton combed hosiery yarn and compact yarn with count ranging from 20s to 40s from approximately 24,340 spindles. The Company's finished products, such as combed hosiery yarn and knitted fabrics have demand in domestic and export markets. It is sold in the Tirupur hosiery market. The Company serves exporters of apparels. It makes direct and merchant sales for export of yarn and fabrics to Sri Lanka, Bangladesh, Hong Kong, South Korea, Germany, Mexico, South America and Russia, among others.
PeersCompare with peers
Vedant Fashions Ltd
KPR Mill Ltd
Trident Ltd
Vardhman Textiles Ltd
Welspun India Ltd
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Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
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Recent EventsAll events
Appointment
Salona Cotspin Limited has informed the Exchange about appointment of RAGHAV AGARWAL as Executive Director of the company w.e.f. 14-Nov-2022 | Download
Salona Cotspin Limited has informed the Exchange about appointment of RAGHAV AGARWAL as Executive Director of the company w.e.f. 14-Nov-2022 | Download
Appointment
Cash Dividend
Final • Div/Share: ₹ 1
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is less than the intrinsic value