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INFY

Salona Cotspin Ltd.

₹200.7
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Investment Ratings

As per analysts rating in the last 6 months, the recommendation is to HOLD Salona Cotspin

  • Master Rating:
  • Salona Cotspin has an operating revenue of Rs. 458.07 Cr. on a trailing 12-month basis. An annual revenue growth of 89% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 16% is good. The company has a reasonable debt to equity of 31%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 33% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 18% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 94 which is a GREAT score indicating consistency in earnings, a RS Rating of 81 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 23 indicates it belongs to a strong industry group of Apparel-Clothing Mfg and a Master Score of B is close to being the best. Overall, the stock has great fundamentals and technical strength to stay in momentum.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Salona Cotspin Ltd Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Ratings

Eps And Sales Estimates

Salona Cotspin Ltd Synopsis

NSE-Apparel-Clothing Mfg

Salona Cotspin L is involved in the business activities of Preparation and spinning of cotton fiber including blended* cotton. Company’s Total Operating Revenue is Rs. 230.13 Cr. and Equity Capital is Rs. 5.33 Cr. for the Year ended 31/03/2021. Salona Cotspin Ltd. is a Public Limited Listed company incorporated on 18/01/1994 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L17111TZ1994PLC004797 and registration number is 004797.
  • Market Cap

    INR 105.61 Cr

  • Sales

    INR 458.07 Cr

  • Shares in Float

    0.18 Cr

  • No of Funds

    K

  • Yield

    0.5%

  • Book Value

    2.81

  • U/D Vol Ratio

    1.9

  • LTDebt/Equity

    31%

  • Alpha

    0.43

  • Beta

    0.63

Salona Cotspin Ltd Ownership
Salona Cotspin Ltd Management

Salona Cotspin Ltd Financials

INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Total ShareHolders Funds Annual Cr 38.01732.0883731.3223430.0266427.9069
Fixed Assets Annual Cr 26.6433323.924526.3397520.0169516.52528
Total Non Current Assets Annual Cr 28.2967126.2830228.1872822.166918.74075
Total Current Assets Annual Cr 110.0155357.0282161.7133361.2151652.03342
Total Assets Annual Cr 138.3122483.3112389.9006183.3820670.77417
INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Book Value Per Share Annual Rs 71.34160.21558.77856.34652.369
ROE Annual % 16.33.655.27.0911.97
ROCE Annual % 23.3414.7715.2115.5114.33
Total Debt to Total Equity Annual -----
EBDIT Annual Margin % 6.467.077.638.817.17

Salona Cotspin Ltd Technicals

EMA & SMA

CURRENT PRICE

200.7 (-0.91)

    • Bullish Moving Averages 5
    • Bearish Moving Averages 11

EMA

  • 20 Day

    206.54

  • 50 Day

    202.78

  • 100 Day

    189.42

  • 200 Day

    152.32

Salona Cotspin Ltd Resistance and support

204.87 PIVOT

  • First Resistance

    209.19

  • Second Resistance

    215.82

  • Third Resistance

    220.14

  • First Support

    198.24

  • Second Support

    193.92

  • Third Support

    187.29

  • RSI

    45.75

  • MFI

    62.03

  • MACD

    1.3

  • MACD signal line

    2.26

Salona Cotspin Ltd Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 3,667 237,585 64.79%
Week 8,630 572,959 66.39%
1 Month 9,858 656,645 66.61%
6 Month 30,185 1,296,739 42.96%

Salona Cotspin Ltd Price change analysis

-1.65

Over 1 month

Low High
187 230

1.3

Over 3 month

Low High
183.3 230

89.55

Over 6 months

Low High
106.95 250

136.15

Over Year

Low High
61 250

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News

Salona Cotspin Ltd - 590056 - Standalone Financial Results,

Salona Cotspin Ltd has informed BSE about : 1. Standalone Financial Results for the period ended June 30, 20212. Standalone Limited Review f Read More

SALONA COTSPIN LTD. - 590056 - Board Meeting Intimation for

Salona Cotspin Ltd has informed BSE regarding "Board Meeting Intimation for Results". Read More

SALONA COTSPIN LTD. - 590056 - Half Yearly Disclosure on Rel

Salona Cotspin Ltd has submitted to BSE a copy of Half Yearly disclosure on Related Party Transactions under Regulation 23(9) of SEBI Listin Read More

SALONA COTSPIN LTD. - 590056 - Standalone Financial Results,

Salona Cotspin Ltd has informed BSE about : 1. Standalone Financial Results for the period ended March 31, 20212. Standalone Auditors Report Read More

Salona Cotspin Ltd - 590056 - Board to consider Dividend

Salona Cotspin Ltd has informed BSE that the meeting of the Board of Directors of the Company will be held on June 28, 2021, to consider and Read More

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