Lagnam Spintex
Lagnam Spintex Performance
Day Range
- Low 78.00
- High 80.40
52 Week Range
- Low 40.50
- High 89.70
- Open Price78.65
- Previous Close80.40
- Volume43602
Start SIP in Lagnam Spintex
Start SIPLagnam 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
| Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 93 | 72 | 90 | 72 | 63 | 79 | 101 |
| Operating Expenses Qtr Cr | 86 | 65 | 83 | 67 | 58 | 66 | 87 |
| Operating Profit Qtr Cr | 7 | 7 | 7 | 5 | 5 | 13 | 15 |
| Depreciation Qtr Cr | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Interest Qtr Cr | 3 | 3 | 3 | 3 | 2 | 2 | 3 |
| Tax Qtr Cr | 1 | 1 | 1 | 0 | 0 | 2 | 3 |
| Net Profit Qtr Cr | 1 | 1 | 2 | 0 | 2 | 6 | 7 |
Lagnam Spintex Technicals
EMA & SMA
- 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
| 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 Name | Sep-23 | Jun-23 | Mar-23 | Dec-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
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