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AYM Syntex Ltd.

BSE: 508933 Sector: Industrials
NSE: AYMSYNTEX ISIN Code: INE193B01039
BSE LIVE 14:19 | 24 Jul 75.45 0.50
(0.67%)
OPEN

75.80

HIGH

75.95

LOW

74.70

NSE 14:21 | 24 Jul 75.25 0.55
(0.74%)
OPEN

75.00

HIGH

75.80

LOW

74.50

OPEN 75.80
PREVIOUS CLOSE 74.95
VOLUME 2614
52-Week high 103.70
52-Week low 62.00
P/E 7.38
Mkt Cap.(Rs cr) 296
Buy Price 75.00
Buy Qty 325.00
Sell Price 75.55
Sell Qty 2.00
OPEN 75.80
CLOSE 74.95
VOLUME 2614
52-Week high 103.70
52-Week low 62.00
P/E 7.38
Mkt Cap.(Rs cr) 296
Buy Price 75.00
Buy Qty 325.00
Sell Price 75.55
Sell Qty 2.00

AYM Syntex Ltd. (AYMSYNTEX) - Company History

Incorporated on 31 Mar.'83 as Kothari Leasing, the company changed its name to Kothari Polyesters on 15 Mar.'91 and to Welspun Syntex (WSL) on 26 Jul.'91. The company was promoted by G R Goenka, B K Goenka, S K Goenka and R R Mandawewala. WSL is engaged in texturising, draw twisting and twisting of polyester yarns. It set up a texturising unit at Silvassa in 1988 at a capital outlay of Rs 1.58 cr. Thereafter, more machines were added for twisting and draw twisting. WSL's other unit is located at Palghar (Thane district), Maharashtra. In Jun.'95, the company started production of texturised polyester yarn. For its expansion cum diversification of polyester texturised yarn the company came into rights issue of Rs.6.78 crores in 1994. WSL has expanded its activities by installing four texturising machines, three draw twisting machines and a sizing machine at Silvassa. The texturising capacity has been increased from 2500 to 6500 tpa. The Speciality Polyester Filament Yarn Project at Rakholi, Silvassa is under implementation. In addition to this, 5 texturising machines with an installed capacity of 3500 MTPA have been installed. The company took up an expansion scheme of install 8 nos Himson SDS 700 texturising machines along with related utilities at a cost of Rs 14.25 cr. Out of these, 3 machines with utilities have come to the site and became operational.The company developed Dope Dyed POY for Air Tex/Texturising Dope Dyed FDY for Mill Sector.