SALONA

SALONA COTSPIN

Small Cap BSE: 590056 NSE: SALONA
₹279.15
-5.1 (-1.79%)
As on 10 December, 2022 | 13:22

Salona Cotspin Performance

Day Range

  • Low
  • High

52 Week Range

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

Start SIP in SALONA COTSPIN

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Salona Cotspin Share Price

Salona Cotspin Share Returns

  • Over 1 Month -6.18%
  • Over 3 Month 1.66%
  • Over 6 Month 14.97%
  • Over 1 Year 35.08%

Salona Cotspin Key Statistics

P/E Ratio 7.4
PEG Ratio 0.4
Market Cap Cr 147
Price to Book Ratio 2.6
EPS 37.6
Dividend 0
Relative Strength Index 47.66
Money Flow Index 50.11
MACD Signal 1.55
Average True Range 14.45

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 close to its 50DMA and comfortably placed above its 200DMA, around 11% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 74 which is a FAIR score but needs to improve its earnings, a RS Rating of 63 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 113 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 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 9315517117116414181
Operating Expenses Qtr Cr 8114516316015313476
Operating Profit Qtr Cr 12108111185
Depreciation Qtr Cr 2111111
Interest Qtr Cr 2122212
Tax Qtr Cr 3232111
Net Profit Qtr Cr 5617752

Salona Cotspin Technicals

EMA & SMA

Current Price
279.15
-5.1 (-1.79%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 283.24
  • 50 Day
  • 277.74
  • 100 Day
  • 267.38
  • 200 Day
  • 252.22
  • 20 Day
  • 282.27
  • 50 Day
  • 280
  • 100 Day
  • 260.8
  • 200 Day
  • 251.1

Salona Cotspin Resistance and Support

PIVOT
₹285.09
Resistance
First Resistance 287.12
Second Resistance 289.99
Third Resistance 292.02
RSI 47.66
MFI 50.11
MACD Single Line 1.55
MACD 1.36
Support
First Resistance 282.22
Second Resistance 280.19
Third Resistance 277.32

Salona Cotspin Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 3,778 249,310 65.99
Week 4,620 322,476 69.8
1 Month 6,016 352,731 58.63
6 Month 6,984 379,151 54.29

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 147
Sales 589
Shares in Float 0.18
No of funds 1
Yield 0.43
Book Value 2.6
U/D Vol ratio 1.4
LTDebt / Equity 48
Alpha 0.17
Beta 1.77

Salona Cotspin

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 65.98%65.98%65.98%
Foreign Portfolio Investors 0.03%
Individual Investors 24.21%
Others 9.81%34.02%33.99%

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 Corporate Action

Date Purpose Remarks
2022-11-14 Quarterly Results
2022-08-12 Quarterly Results
2022-05-30 Audited Results & Dividend
2022-02-14 Quarterly Results
2021-11-11 Quarterly Results

Salona Cotspin FAQs

What is Share Price of Salona Cotspin ?

Salona Cotspin share price is ₹279 As on 10 December, 2022 | 13:08

What is the Market Cap of Salona Cotspin ?

The Market Cap of Salona Cotspin is ₹146.9 Cr As on 10 December, 2022 | 13:08

What is the P/E ratio of Salona Cotspin ?

The P/E ratio of Salona Cotspin is 7.4 As on 10 December, 2022 | 13:08

What is the PB ratio of Salona Cotspin ?

The PB ratio of Salona Cotspin is 2.6 As on 10 December, 2022 | 13:08

Q2FY23