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Eurotex Industries and Exports Ltd.

BSE: 521014 Sector: Industrials
NSE: EUROTEXIND ISIN Code: INE022C01012
BSE LIVE 15:22 | 22 Nov 38.05 -0.20
(-0.52%)
OPEN

38.05

HIGH

38.05

LOW

38.05

NSE 15:31 | 22 Nov 39.65 1.50
(3.93%)
OPEN

38.15

HIGH

39.70

LOW

38.00

OPEN 38.05
PREVIOUS CLOSE 38.25
VOLUME 1000
52-Week high 51.00
52-Week low 25.30
P/E
Mkt Cap.(Rs cr) 33
Buy Price 37.55
Buy Qty 200.00
Sell Price 39.40
Sell Qty 50.00
OPEN 38.05
CLOSE 38.25
VOLUME 1000
52-Week high 51.00
52-Week low 25.30
P/E
Mkt Cap.(Rs cr) 33
Buy Price 37.55
Buy Qty 200.00
Sell Price 39.40
Sell Qty 50.00

Eurotex Industries and Exports Ltd. (EUROTEXIND) - Company History

Belonging to the Patodia group and promoted by PBM Polytex, Eurotex Industries & Exports commenced manufacture in 1989. The company manufactures cotton yarn of various counts -- from 30s to 100s. It diversified into the processing of yarn and manufacture of woven and knitted superfine cotton fabric of international standards, for which it came out with a rights issue at a premium in Oct.'92. The company, a 100% EOU, has agency and selling arrangements with various reputed buyers in the UK, Switzerland, Germany, Italy and Japan. It was granted the status of a government-recognised Trading House in Apr.'95. The company also received the Silver Trophy from the Confederation of Export Units for its outstanding export performance. Eurotex commenced production of phase-I of its expansion project of 14,112 spindles at the second (new) 100% EOU. The entire spinning plant has been imported from Switzerland and will be the first of its kind in India. During 1995-96, the company has been sanctioned a foreign currency loan of US $ 6.5 million under ECB Scheme. In the years 1997-98,1998-99 and 1999-2000 it was awarded trophies by Cotton Textiles Export Promotion Council, Bombay, Confederation of Export Units, New Delhi, Govt. of Maharashtra for excellence in Exports. It has accredited with ISO 9002 and Oko-Tex Standard 100 certification. To meet the working capital requirements the company had issued 13% Debentures of Rs.500 lacs to UTI Banks in 2001 and the same has been redeemed during the year itself.