Adinath Textiles Ltd

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NSEBSE
Stock not tradded

28.86-0.44 (-1.50%)

12:00 AM,23rd Feb 2024

BSE : 514113

NSE :

Sector : Industrials

ISIN Code : INE207C01019

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Last Updated: Feb 23 2024 | 12:00 AM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

10

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

0.00

All Time High Date

Invalid date

All Time Low

0.00

All Time Low Date

Invalid date

Adinath Textiles Ltd

Adhinath Textiles Ltd was incorporated in 1979 by the Oswal Group of Ludhiana who also promoted Mahavir Spinning Mills and Vardhaman Spinning and General Mills. It manufactures synthetic and wool-blended hosiery and knitting yarns which are marketed under the Adinath brand name. The Company has an installed capacity of 4800 spindles. It has installed state of the art machinery from (SAVIO) Italy NSC (France).The Company primarily operates in spinning of worsted and spun yarn. It has manufacturing set up base in Ludhiana in the State of Punjab and Corporate Office located in Ludhiana in Punjab. Presently it devoted major part of its production capacity to Job works.The company commenced operations on a small-scale in 1979-80 at Ludhiana with an installed capacity of 5392 worsted spindles and a combing capacity of 773 tpa of wool tops. It came out with a public issue in Oct.'88 to finance its long term working capital requirements. By Mar.'90 it added additional 6000 worsted spindles.Since the acrylic market for worsted spinning units is turning into a low margin activity the company has decided to come out of the hosiery segment by diversifying into polyester wool pure wool and polyester viscose yarns suitable for worsted suitings.In 1995-96 the company earned a foreign exchange of Rs 5 cr. During the year due to the continued recession witnessed by the acrylic yarn industry the company's margins were eroded due to increase in the cost of the raw material restricted money supply increase in interest rates and significant devaluation of rupee. Despite marked improvement in production turnover and exports the profitability of the company did not improve correspondingly.In 2003 the Company carried out majority of its manufacturing activities at Nandesari site.

Adinath Textiles Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

19

EPS - TTM (₹) [S]

0.88

P/E Ratio (X) [S]

8.22

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]3.51
P/B Ratio (₹) [S]8.22
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

27.39

29.24

Week Low/High

27.30

30.00

Month Low/High

27.02

31.00

Year Low/High

20.50

36.00

All time Low/High

0.25

102.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week1.73%%1.290.78%
1 Month4.87%%4.244.59%
3 Month0.42%%11.1212.17%
6 Month17.65%%12.1114.24%
1 Year-11.74%%23.0726.85%
3 Year643.81%%47.4551.03%

Company Info

Company Information

Chairman & Managing Director : Rajneesh Oswal

Independent Director : Priya Begana

Vice Chairman & M.D. : Vishal Oswal

Independent Director : Krishan Sethi

Company Sec. & Compli. Officer : Harpreet Kaur

Independent Director : Ravinder Kumar

Registered Office: Village - Bholapur, Sahabana PO Chandigarh Road,Ludhiana,Punjab-141123 Ph: 91-0161-6574125

Email:atl@shreyansgroup.com

URL:http://www.adinathtextiles.com