SALONA

Salona Cotspin Share PriceSalona Cotspin

₹214.4
-1.9 (-0.88%)
As on 23 March, 2023 | 00:49 BSE: 590056 NSE: SALONA

Salona Cotspin Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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Salona Cotspin Share Price

  • Over 1 Month -11.22%
  • Over 3 Month -12.27%
  • Over 6 Month -23.29%
  • Over 1 Year -9.55%

Salona Cotspin Key Statistics

P/E Ratio 5.7
PEG Ratio 0.3
Market Cap Cr 113
Price to Book Ratio 2
EPS 37.6
Dividend 0
Relative Strength Index 35.98
Money Flow Index 24.72
MACD Signal -5.78
Average True Range 11.32

Salona Cotspin Investment Rating

  • Master Rating:
  • Salona Cotspin has an operating revenue of Rs. 589.01 Cr. on a trailing 12-month basis. An annual revenue growth of 181% is outstanding, Pre-tax margin of 4% needs improvement, ROE of 34% is exceptional. The company has a reasonable debt to equity of 48%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 62 which is a FAIR score but needs to improve its earnings, a RS Rating of 34 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 126 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of C is fair but needs to improve. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Salona Cotspin Financials
IndicatorSep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 93155171
Operating Expenses Qtr Cr 81145163
Operating Profit Qtr Cr 12108
Depreciation Qtr Cr 211
Interest Qtr Cr 212
Tax Qtr Cr 323
Net Profit Qtr Cr 561

Salona Cotspin Technicals

EMA & SMA

Current Price
₹214.4
-1.9 (-0.88%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • 227.13
  • 50 Day
  • 238.57
  • 100 Day
  • 247.77
  • 200 Day
  • 248.34
  • 20 Day
  • 227.76
  • 50 Day
  • 240.19
  • 100 Day
  • 258.33
  • 200 Day
  • 250.14

Salona Cotspin Resistance and Support

PIVOT
₹219.39
Resistance
First Resistance 223.72
Second Resistance 231.14
Third Resistance 235.47
RSI 35.98
MFI 24.72
MACD Single Line -5.78
MACD -6.64
Support
First Resistance 211.97
Second Resistance 207.64
Third Resistance 200.22

Salona Cotspin Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,335 84,706 63.45
Week 1,820 126,408 69.47
1 Month 1,605 100,122 62.4
6 Month 4,427 246,149 55.6

Salona Cotspin Result Highlights

Salona Cotspin 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. 647.08 Cr. and Equity Capital is Rs. 5.33 Cr. for the Year ended 31/03/2022. 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 112
Sales 589
Shares in Float 0.18
No of funds 1
Yield 0.56
Book Value 1.99
U/D Vol ratio 0.7
LTDebt / Equity 48
Alpha 0.03
Beta 1.42

Salona Cotspin

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 65.98%65.98%65.98%
Foreign Portfolio Investors
Individual Investors 24.22%24.21%
Others 9.8%9.81%34.02%

Salona Cotspin Management

Name Designation
Mr. Shyamlal Agarwala Managing Director
Mr. Manoj Kumar Jhajharia Joint Managing Director
Mr. Arun Kumar Jhajharia Director
Mr. Dhiresh Jayasi Director
Mrs. S Meenakumari Director
Mr. Hari Desikan Ganesh Director

Salona Cotspin Forecast

Price Estimates

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

Other Analyst Rating

Salona Cotspin FAQs

What is Share Price of Salona Cotspin ?

Salona Cotspin share price is ₹214 As on 23 March, 2023 | 00:35

What is the Market Cap of Salona Cotspin ?

The Market Cap of Salona Cotspin is ₹112.8 Cr As on 23 March, 2023 | 00:35

What is the P/E ratio of Salona Cotspin ?

The P/E ratio of Salona Cotspin is 5.7 As on 23 March, 2023 | 00:35

What is the PB ratio of Salona Cotspin ?

The PB ratio of Salona Cotspin is 2 As on 23 March, 2023 | 00:35

Q2FY23

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