LAGNAM

Lagnam Spintex Share PriceLagnam Spintex

₹78.9
-1.5 (-1.87%)
As on 10 December, 2023 | 19:23 BSE: NSE: LAGNAMISIN: INE548Z01017

Lagnam Spintex Performance

Day Range

  • Low 78.00
  • High 80.40
₹ 78.9

52 Week Range

  • Low 40.50
  • High 89.70
₹ 78.9
  • Open Price78.65
  • Previous Close80.40
  • Volume43602

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Lagnam Spintex Share Price

  • Over 1 Month -6.29%
  • Over 3 Month 11.99%
  • Over 6 Month 68.59%
  • Over 1 Year 26.14%

Lagnam Spintex Key Statistics

P/E Ratio 30.6
PEG Ratio -0.4
Market Cap Cr 139
Price to Book Ratio 1.5
EPS 5.5
Dividend 0
Relative Strength Index 50.05
Money Flow Index 48.58
MACD Signal 2.92
Average True Range 4.2

Lagnam Spintex Investment Rating

  • Master Rating:
  • Lagnam Spintex has an operating revenue of Rs. 326.78 Cr. on a trailing 12-month basis. An annual revenue de-growth of -13% needs improvement, Pre-tax margin of 4% needs improvement, ROE of 10% is good. The company has a high debt to equity of 103%, which can be a reason to worry. The stock from a technical standpoint is comfortably placed above its key moving averages, around 7% and 29% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 6% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 28 which is a POOR score indicating inconsistency in earnings, a RS Rating of 68 which is FAIR indicating the recent price performance, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 90 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Lagnam Spintex Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 937290726379101
Operating Expenses Qtr Cr 86658367586687
Operating Profit Qtr Cr 777551315
Depreciation Qtr Cr 2222222
Interest Qtr Cr 3333223
Tax Qtr Cr 1110023
Net Profit Qtr Cr 1120267
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 305349
Operating Expenses Annual Cr 274290
Operating Profit Annual in Cr 3158
Depreciation Cr 78
Interest Annual Cr 1111
Tax Annual Cr 312
Net Profit Annual Cr 1029
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 2323
Cash from Investing Activity Annual Cr -2-2
Cash from Financing Annual Activity Cr -17-17
Net Cash Flow Annual Cr 3
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 9485
Fixed Assets Annual Cr 163144
Total Non Current Assets Annual Cr 177154
Total Current Assets Annual Cr 135125
Total Assets Annual Cr 311280
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 5348
ROE Annual % 1034
ROCE Annual % 1124
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1017
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Lagnam Spintex Technicals

EMA & SMA

Current Price
₹78.9
-1.5 (-1.87%)
pointer
  • Bullish Moving Average
  • ___
  • 8
  • Bearish Moving Average
  • ___
  • 8
  • 20 Day
  • ₹80.10
  • 50 Day
  • ₹75.43
  • 100 Day
  • ₹70.34
  • 200 Day
  • ₹66.07
  • 20 Day
  • ₹80.60
  • 50 Day
  • ₹73.57
  • 100 Day
  • ₹69.96
  • 200 Day
  • ₹60.72

Lagnam Spintex Resistance and Support

PIVOT
₹79.1
Resistance
First Resistance 80.20
Second Resistance 81.50
Third Resistance 82.60
RSI 50.05
MFI 48.58
MACD Single Line 2.92
MACD 2.23
Support
First Resistance 77.80
Second Resistance 76.70
Third Resistance 75.40

Lagnam Spintex Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 43,602 2,947,495 67.6
Week 51,731 3,235,244 62.54
1 Month 87,826 3,601,727 41.01
6 Month 57,710 3,426,837 59.38

Lagnam Spintex Result Highlights

Lagnam Spintex Synopsis

NSE-Apparel-Clothing Mfg

Lagnam Spintex is involved in the business activities of Preparation and spinning of man-made fiber including blended* man-made fiber. Company’s Total Operating Revenue is Rs. 304.66 Cr. and Equity Capital is Rs. 17.67 Cr. for the Year ended 31/03/2023. Lagnam Spintex Ltd. is a Public Limited Listed company incorporated on 11/06/2010 and has its registered office in the State of Rajasthan, India. Company’s Corporate Identification Number(CIN) is L17119RJ2010PLC032089 and registration number is 032089.
Market Cap 139
Sales 327
Shares in Float 0.57
No of funds
Yield 1.04
Book Value 1.48
U/D Vol ratio 1.4
LTDebt / Equity 103
Alpha 0.08
Beta 1.26

Lagnam Spintex

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 68.5%68.5%68.5%68.5%
Mutual Funds
Insurance Companies
Foreign Portfolio Investors
Financial Institutions/ Banks
Individual Investors 27.31%27.1%27.73%28.04%
Others 4.19%4.4%3.77%3.46%

Lagnam Spintex Management

Name Designation
Mr. D P Mangal Executive Chairman
Mr. Anand Mangal Managing Director
Mr. Shubh Mangal Executive Director
Mr. Anil Shah Independent Director
Ms. Dipali Mathur Independent Director
Mr. Vijay Singh Bapna Independent Director
Mr. Jagadish Chandra Laddha Independent Director

Lagnam Spintex Forecast

Price Estimates

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

Other Analyst Rating

Lagnam Spintex Corporate Action

Date Purpose Remarks
2023-11-09 Quarterly Results
2023-08-07 Quarterly Results
2023-05-20 Audited Results
2023-02-14 Quarterly Results
2022-11-11 Quarterly Results
Date Purpose Remarks
2022-06-21 FINAL Rs.0.00 Dividend of Rs. 0.50 per equity share.
2022-01-28 INTERIM Declared Interim Dividend of 0.50 per equity share. Dividend of Rs. 0.50 per equity share.
2021-07-16 FINAL Recommended Final Dividend of 0.50 per equity share. Dividend of Rs. 0.50 per equity share.

Lagnam Spintex FAQs

What is Share Price of Lagnam Spintex ?

Lagnam Spintex share price is ₹78 As on 10 December, 2023 | 19:09

What is the Market Cap of Lagnam Spintex ?

The Market Cap of Lagnam Spintex is ₹139.4 Cr As on 10 December, 2023 | 19:09

What is the P/E ratio of Lagnam Spintex ?

The P/E ratio of Lagnam Spintex is 30.6 As on 10 December, 2023 | 19:09

What is the PB ratio of Lagnam Spintex ?

The PB ratio of Lagnam Spintex is 1.5 As on 10 December, 2023 | 19:09

Q2FY23