Salona Cotspin
Salona Cotspin Performance
Day Range
- Low 253.05
- High 261.9
52 Week Range
- Low 212
- High 323.25
- Open Price258
- Previous Close256.85
- Volume507
Start SIP in Salona Cotspin
Start SIPSalona Cotspin Investment Rating
-
Master Rating:
-
Salona Cotspin has an operating revenue of Rs. 472.31 Cr. on a trailing 12-month basis. An annual revenue de-growth of -25% needs improvement, Pre-tax margin of 4% needs improvement, ROE of 23% 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 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful 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 49 which is a POOR score indicating inconsistency in earnings, a RS Rating of 20 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 94 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 poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 141 | 147 | 92 | 93 | 155 | 171 |
| Operating Expenses Qtr Cr | 134 | 142 | 85 | 81 | 145 | 163 |
| Operating Profit Qtr Cr | 6 | 5 | 8 | 12 | 10 | 8 |
| Depreciation Qtr Cr | 1 | 1 | 1 | 2 | 1 | 1 |
| Interest Qtr Cr | 3 | 4 | 3 | 2 | 1 | 2 |
| Tax Qtr Cr | 0 | -3 | 1 | 3 | 2 | 3 |
| Net Profit Qtr Cr | 2 | 3 | 3 | 5 | 6 | 1 |
Salona Cotspin Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 2
- Bearish Moving Average
- ___
- 14
- 20 Day
- ₹261.05
- 50 Day
- ₹262.93
- 100 Day
- ₹261.87
- 200 Day
- ₹258.22
- 20 Day
- ₹262.75
- 50 Day
- ₹263.43
- 100 Day
- ₹264.23
- 200 Day
- ₹255.57
Salona Cotspin Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹261.36 |
| Second Resistance | ₹266.05 |
| Third Resistance | ₹270.2 |
| RSI | 44.34 |
| MFI | 45.97 |
| MACD Single Line | -1.18 |
| MACD | -1.88 |
| Support | |
|---|---|
| First Resistance | ₹252.5 |
| Second Resistance | ₹248.35 |
| Third Resistance | ₹243.65 |
Salona Cotspin Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 531 | 30,602 | 57.63 |
| Week | 1,171 | 72,461 | 61.88 |
| 1 Month | 3,329 | 152,528 | 45.82 |
| 6 Month | 8,187 | 321,438 | 39.26 |
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. 486.91 Cr. and Equity Capital is Rs. 5.33 Cr. for the Year ended 31/03/2023. 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 | 135 |
| Sales | 472 |
| Shares in Float | 0.17 |
| No of funds | |
| Yield | 0.43 |
| Book Value | 1.84 |
| U/D Vol ratio | 1.5 |
| LTDebt / Equity | 48 |
| Alpha | -0.03 |
| Beta | 1.1 |
Salona Cotspin
| Owner Name | Jun-23 | Mar-23 | Dec-22 | Sep-22 |
|---|---|---|---|---|
| Promoters | 67.09% | 66.36% | 65.98% | 65.98% |
| Mutual Funds | ||||
| Insurance Companies | ||||
| Foreign Portfolio Investors | ||||
| Financial Institutions/ Banks | ||||
| Individual Investors | 22.19% | 21.88% | 24.22% | 24.21% |
| Others | 10.72% | 11.76% | 9.8% | 9.81% |
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
Salona Cotspin Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-05-26 | Audited Results & Dividend | |
| 2022-11-14 | Quarterly Results | |
| 2022-08-12 | Quarterly Results | |
| 2022-05-30 | Audited Results & Dividend | |
| 2022-02-14 | Quarterly Results |
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Salona Cotspin FAQs
What is Share Price of Salona Cotspin ?
Salona Cotspin share price is ₹256 As on 30 September, 2023 | 18:13
What is the Market Cap of Salona Cotspin ?
The Market Cap of Salona Cotspin is ₹135.1 Cr As on 30 September, 2023 | 18:13
What is the P/E ratio of Salona Cotspin ?
The P/E ratio of Salona Cotspin is 10.2 As on 30 September, 2023 | 18:13
What is the PB ratio of Salona Cotspin ?
The PB ratio of Salona Cotspin is 1.8 As on 30 September, 2023 | 18:13