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Deepak Spinners Ltd.

BSE: 514030 Sector: Industrials
NSE: DEEPAKSPIN ISIN Code: INE272C01013
BSE LIVE 15:27 | 21 Aug 79.80 -0.10
(-0.13%)
OPEN

85.00

HIGH

85.00

LOW

79.80

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 85.00
PREVIOUS CLOSE 79.90
VOLUME 632
52-Week high 119.90
52-Week low 75.00
P/E 7.35
Mkt Cap.(Rs cr) 57
Buy Price 80.00
Buy Qty 81.00
Sell Price 81.85
Sell Qty 11.00
OPEN 85.00
CLOSE 79.90
VOLUME 632
52-Week high 119.90
52-Week low 75.00
P/E 7.35
Mkt Cap.(Rs cr) 57
Buy Price 80.00
Buy Qty 81.00
Sell Price 81.85
Sell Qty 11.00

Deepak Spinners Ltd. (DEEPAKSPIN) - Company History

Incorporated in Mar.'82 and promoted by P K Daka, Deepak Spinners manufactures yarn from polyester viscose and acrylic and has its units at Guna, Madhya Pradesh, and Baddi, Himachal Pradesh. The company has acquired the prestigious ISO-9002 certification. It has a good export market in western Europe and the UK. In 1994-95, the company installed 2304 spindles and related machines along with two imported auto-coners, TFO dyeing plant, boiler, etc. The first phase of the company's 100% EOU, Deepak Polyspin (cap.: 8640 spindles), was installed in 1995. The second phase (cap.: 8640 spindles) was also completed. During 96-97, the company expanded the installed capacity from 56,256 to 62,016 Spindles. During 1998-99. it also also installed two nos. imported Autoconers at Baddi unit. The company is planning to set up captive power plant for its Guna Unit with a view to reduce power costs. It has also obtained sanction for financial assistance under TUF.