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Kandagiri Spinning Mills Ltd.

BSE: 521242 Sector: Industrials
NSE: KANDAGIRI ISIN Code: INE292D01019
BSE 00:00 | 27 Sep 16.25 -0.85
(-4.97%)
OPEN

16.25

HIGH

16.25

LOW

16.25

NSE 05:30 | 01 Jan Kandagiri Spinning Mills Ltd
OPEN 16.25
PREVIOUS CLOSE 17.10
VOLUME 25
52-Week high 18.50
52-Week low 5.90
P/E
Mkt Cap.(Rs cr) 6
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 16.25
CLOSE 17.10
VOLUME 25
52-Week high 18.50
52-Week low 5.90
P/E
Mkt Cap.(Rs cr) 6
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Kandagiri Spinning Mills Ltd. (KANDAGIRI) - Company History

Kandagiri Spinning Mills (KSML) was incorporated in 1976. It is promoted by the Sambandam group. Its units are located in Tamilnadu. S P Ratnam is the chairman and K R Manicka Mudaliar is the managing director. Other group concerns are Sambandam Spinning Mills and Mallur Siddeswara Spinning Mills. In the last 15 years KSML made a fantastic growth of 1071% as its capacity went up from 3260 spindles to 39932 spindles. The company came out with a public issue of 1136000 shares of Rs 10 each at a premium of Rs 40 each in Jan.'95 to part-finance the Rs 17.25-cr project for the expansion of its capacity to 49532 spindles. It is also adding special-purpose machines such as autocone winders two-for-one twisters and singeing machines required for the manufacture of export-quality yarn. The company is in the field of cotton and textiles.

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