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Salona Cotspin Ltd

SALONA
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹146 cr, stock is ranked 1,980
High RiskStock is 4.09x as volatile as Nifty
277.001.55 (-0.56%)

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Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹146 cr, stock is ranked 1,980
High RiskStock is 4.09x as volatile as Nifty

Key MetricsEdit

PE RatioPE Ratio
7.41
PB RatioPB Ratio
2.56
Dividend YieldDiv. Yield
0.43%
Sector PESector PE
143.16
Sector PBSector PB
5.87
Sector Div YldSctr Div Yld
0.60%

Forecast & RatingsDetailed Forecast 

Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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.

Financial TrendFinancial statements 

2019202020212022132.97121.93230.24647.141.631.186.2019.79
Revenue
Profit
All values in ₹ cr.
See financial statements

Holdings TrendDetailed holdings 

Total Promoter Holding
Increasing 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 Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Mutual Fund Holding
Increasing 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

See detailed holdings

Recent EventsAll events 

Appointment 
Announced OnNov 14, 2022

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 
Announced OnNov 14, 2022

Salona Cotspin Limited has informed the Exchange about appointment of PRABHU as Independent Director of the company w.e.f. 14-Nov-2022 | Download

Salona Cotspin Limited has informed the Exchange about appointment of PRABHU as Independent Director of the company w.e.f. 14-Nov-2022 | Download

Cash Dividend 
Ex. DateSep 8, 2021

Final • Div/Share: ₹ 1

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