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T T Ltd.

BSE: 514142 Sector: Industrials
NSE: TTL ISIN Code: INE592B01016
BSE LIVE 15:49 | 08 Dec 84.10 -5.65
(-6.30%)
OPEN

94.00

HIGH

96.80

LOW

83.50

NSE 15:54 | 08 Dec 84.35 -6.00
(-6.64%)
OPEN

94.30

HIGH

96.85

LOW

83.50

OPEN 94.00
PREVIOUS CLOSE 89.75
VOLUME 93261
52-Week high 113.25
52-Week low 43.20
P/E
Mkt Cap.(Rs cr) 181
Buy Price 84.10
Buy Qty 292.00
Sell Price 0.00
Sell Qty 0.00
OPEN 94.00
CLOSE 89.75
VOLUME 93261
52-Week high 113.25
52-Week low 43.20
P/E
Mkt Cap.(Rs cr) 181
Buy Price 84.10
Buy Qty 292.00
Sell Price 0.00
Sell Qty 0.00

T T Ltd. (TTL) - Company History

Tirupati Texknit, now renamed TT Ltd (TTL), promoted by R C Jain and incorporated as a public limited company in Sep.'78, has facilities to manufacture knitted cloth at Ghaziabad, UP. In addition, the company is engaged in the marketing of a range of hosiery products under the well-established TT brand name. It has acquired exclusive rights to use it from the owner of the trade mark under a royalty agreement dated 1 Apr.'89. The company, since Apr.'89, has production arrangements with about 50 franchised hosiery production units in Delhi, Calcutta, UP, MP and Tamilnadu to produce goods exclusively for and according to specifications and quality standards laid down by the company. TTL went public with its maiden issue in Jan.'90 to meet the financial requirements of its franchise units and to meet working capital requirements. In Feb.'93, TTL came out with a public issue to part-finance the backward integration programme of setting up a Rs 21.05-cr 12,500-spindle 100% export-oriented spinning unit to manufacture cotton yarn at Gajraula, UP. TTL has a dealer network of 1500 wholesalers throughout India. During 1996-97, had earned the status of Registered Export House. In 1999-2000, the company's mill at Avanashi, in Coimbatore District obtained ISO 9002 Quality Certificate. The company has initiated the Technology Upgradation Programme to replace all the spindles at Gajroula Mill Plant.The proposal had been submitted to Financial Institutions for the approval.