Salona Cotspin Share Price
Start SIP in Salona Cotspin
Start SIPSalona Cotspin Performance
Day Range
- Low 286
- High 292
52 Week Range
- Low 251
- High 357
- Open Price289
- Previous Close287
- Volume1137
Salona Cotspin Investment Rating
-
Master Rating:
-
Salona Cotspin has an operating revenue of Rs. 722.26 Cr. on a trailing 12-month basis. An annual revenue growth of 48% is outstanding, Pre-tax margin of 1% needs improvement, ROE of 7% is fair but needs improvement. The company has a debt to equity of 97%, which is bit higher. 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. It is currently FORMING a base in its weekly chart and is trading around 19% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 69 which is a FAIR score but needs to improve its earnings, a RS Rating of 21 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 D is close to being the worst. 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
| Indicator | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 166 | 206 | 209 | 141 | 147 |
| Operating Expenses Qtr Cr | 160 | 200 | 199 | 134 | 142 |
| Operating Profit Qtr Cr | 7 | 7 | 10 | 6 | 5 |
| Depreciation Qtr Cr | 3 | 0 | 3 | 1 | 1 |
| Interest Qtr Cr | 3 | 6 | 4 | 3 | 4 |
| Tax Qtr Cr | 0 | 0 | 2 | 0 | -3 |
| Net Profit Qtr Cr | 1 | 1 | 2 | 2 | 3 |
Salona Cotspin Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 4
- Bearish Moving Average
- ___
- 12
- 20 Day
- ₹292.89
- 50 Day
- ₹295.86
- 100 Day
- ₹297.38
- 200 Day
- ₹294.87
- 20 Day
- ₹293.82
- 50 Day
- ₹297.88
- 100 Day
- ₹297.04
- 200 Day
- ₹300.60
Salona Cotspin Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 293.38 |
| Second Resistance | 295.67 |
| Third Resistance | 299.33 |
| RSI | 46.37 |
| MFI | 39.73 |
| MACD Single Line | -1.97 |
| MACD | -2.57 |
| Support | |
|---|---|
| First Support | 287.43 |
| Second Support | 283.77 |
| Third Supoort | 281.48 |
Salona Cotspin Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 1,315 | 67,499 | 51.33 |
| Week | 957 | 45,582 | 47.61 |
| 1 Month | 1,891 | 121,588 | 64.29 |
| 6 Month | 7,903 | 393,337 | 49.77 |
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 | 153 |
| Sales | 722 |
| Shares in Float | 0.17 |
| No of funds | |
| Yield | 0.34 |
| Book Value | 1.94 |
| U/D Vol ratio | 1.8 |
| LTDebt / Equity | 97 |
| Alpha | -0.05 |
| Beta | 0.96 |
Salona Cotspin Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 67.09% | 67.09% | 67.09% | 67.09% |
| Individual Investors | 20.8% | 20.82% | 22.23% | 22.17% |
| Others | 12.11% | 12.09% | 10.68% | 10.74% |
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 |
| Mr. Raghav Agarwal | Director |
| Mr. Prabhu Damodaran | Director |
Salona Cotspin Forecast
Price Estimates
Salona Cotspin Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-05-29 | Audited Results & Dividend | |
| 2023-05-26 | Audited Results & Dividend | |
| 2022-11-14 | Quarterly Results | |
| 2022-08-12 | Quarterly Results | |
| 2022-05-30 | Audited Results & Dividend |
Salona Cotspin FAQs
What is Share Price of Salona Cotspin ?
Salona Cotspin share price is ₹291 As on 15 September, 2024 | 18:35
What is the Market Cap of Salona Cotspin ?
The Market Cap of Salona Cotspin is ₹153.2 Cr As on 15 September, 2024 | 18:35
What is the P/E ratio of Salona Cotspin ?
The P/E ratio of Salona Cotspin is 25 As on 15 September, 2024 | 18:35
What is the PB ratio of Salona Cotspin ?
The PB ratio of Salona Cotspin is 1.9 As on 15 September, 2024 | 18:35