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Maris Spinners Ltd.

BSE: 531503 Sector: Industrials
NSE: N.A. ISIN Code: INE866D01010
BSE 14:50 | 06 Jul 66.00 -0.15
(-0.23%)
OPEN

69.30

 HIGH

69.30

 LOW

65.05
NSE 05:30 | 01 Jan Maris Spinners Ltd
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OPEN 69.30
PREVIOUS CLOSE 66.15
VOLUME 1951
52-Week high 169.90
52-Week low 43.25
P/E 3.50
Mkt Cap.(Rs cr) 54
Buy Price 65.90
Buy Qty 1.00
Sell Price 66.00
Sell Qty 19.00
OPEN 69.30
CLOSE 66.15
VOLUME 1951
52-Week high 169.90
52-Week low 43.25
P/E 3.50
Mkt Cap.(Rs cr) 54
Buy Price 65.90
Buy Qty 1.00
Sell Price 66.00
Sell Qty 19.00

Maris Spinners Ltd. (MARISSPINNERS) - Company History

Maris Spinners was incorporated as a private limited company on 18 Sep.'79. It became a deemed public company in Jul.'94. It was promoted by M Thangavelu M Rengaswamy and their associates.The company manufactures 100% cotton carded yarn of counts 30s and 40s for weaving knitting and handlooms. Its spinning unit is located in the Mysore district of Karnataka. Commercial production commenced in Mar.'81. with an installed capacity of 11856 spindles. Since the commencement of commercial production it has carried out regular expansion and modernisation programmes to increase the capacity to 38784 spindles.In 1994 the company set up two wind turbine generators (WTGs) at Muppandal Tamilnadu. In Mar.'95 it installed three more WTGs. The company came out with a public issue in Dec.'95 to part-finance is modernisation programme and also to set up a second spinning unit at Manaparai Tamilnadu with a capacity of 14112 spindles which will take the total spinning capacity to 38784 spindles.

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