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Salona Cotspin Ltd.

BSE: 590056 Sector: Industrials
NSE: SALONA ISIN Code: INE498E01010
BSE 14:53 | 22 Feb 127.00 5.00
(4.10%)
OPEN

120.00

HIGH

127.00

LOW

116.00

NSE 13:26 | 23 Feb 121.00 1.00
(0.83%)
OPEN

118.40

HIGH

121.00

LOW

118.40

OPEN 120.00
PREVIOUS CLOSE 122.00
VOLUME 22
52-Week high 214.80
52-Week low 50.00
P/E 34.23
Mkt Cap.(Rs cr) 67
Buy Price 116.00
Buy Qty 185.00
Sell Price 127.00
Sell Qty 9.00
OPEN 120.00
CLOSE 122.00
VOLUME 22
52-Week high 214.80
52-Week low 50.00
P/E 34.23
Mkt Cap.(Rs cr) 67
Buy Price 116.00
Buy Qty 185.00
Sell Price 127.00
Sell Qty 9.00

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.