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Salona Cotspin Ltd.

BSE: 590056 Sector: Industrials
NSE: SALONA ISIN Code: INE498E01010
BSE LIVE 15:40 | 11 Dec 130.35 -6.65
(-4.85%)
OPEN

130.00

HIGH

135.45

LOW

120.00

NSE 15:31 | 11 Dec 126.90 -3.70
(-2.83%)
OPEN

130.65

HIGH

135.95

LOW

125.25

OPEN 130.00
PREVIOUS CLOSE 137.00
VOLUME 151
52-Week high 160.70
52-Week low 32.05
P/E 30.53
Mkt Cap.(Rs cr) 69
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 130.00
CLOSE 137.00
VOLUME 151
52-Week high 160.70
52-Week low 32.05
P/E 30.53
Mkt Cap.(Rs cr) 69
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Salona Cotspin Ltd. (SALONA) - Company History

Salona Cotspin Limited is an India-based company. The Company is a manufacturer and exporter of cotton yarn and knitted fabrics. The Company operates through cotton textile segment. Its products cater to the needs of hosiery/knitted, garment industries. The Companys manufacturing plant is located at Pungampalli village, Erode District. During fiscal 2010, the Company installed three more wind electricity generators to the total capacity of 2.20 megawatts. The company was incorporated in the year 1994. During the fiscal year ended March 31, 2010 (fiscal 2010), it had an installed capacity to produce 21,744 spindles. During fiscal 2010, it produced 3.681 million kilograms of yarn and 1.959 million kilograms hosiery knitted fabrics. During fiscal 2010, windmill generated 5.573 million units of wind electricity. The wind electricity produced was used for the textile mill. The company aims at manufacturing yarn of international quality with the highest level of competitiveness on all parameters as well as facilitates best innovative methods and implements them in time and in all stages of processing. The mill aims to get a profitable return on investment through a process of continuous improvement and maintaining the highest standards of quality of yarn. The Company hopes to maintaining its leadership in the field of Textile production by improving quality, productivity and reliability and maintaining customer satisfaction.