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VTM Ltd.

BSE: 532893 Sector: Industrials
NSE: VTMLTD ISIN Code: INE222F01029
BSE 00:00 | 02 Dec 52.05 0.05
(0.10%)
OPEN

52.20

HIGH

52.20

LOW

50.15

NSE 05:30 | 01 Jan VTM Ltd
OPEN 52.20
PREVIOUS CLOSE 52.00
VOLUME 7095
52-Week high 65.00
52-Week low 33.10
P/E 15.63
Mkt Cap.(Rs cr) 209
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 52.20
CLOSE 52.00
VOLUME 7095
52-Week high 65.00
52-Week low 33.10
P/E 15.63
Mkt Cap.(Rs cr) 209
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

VTM Ltd. (VTMLTD) - Company History

Promoted by K T Chettiar Virudhunagar Textile Mills (VTML) was incorporated in 1947. The company's plant is located in Virudhunagar. Even though it is not designated as an export-oriented mill 90-93% of the production is exported. VTML has only one subsidiary Colour Yarn Ltd.The company has installed 289 looms to manufacture a range of grey fabrics from 90 cm width to 330 cm width. Some of the varieties produced by VTML are cambric voile poplin pin point oxford satin chambray drill oxford weave grey sheeting etc. The mill is equipped with state of the art machineries like 60 air-jet weaving machines besides 174 Lakshmi Ruti C looms of various widths. During 1994-95 VTML issued bonus shares in the ratio 5:1. In 2000-01 28 Shuttle Looms have been replaced looms at a cost of Rs.855 crores and this was financed through internal accruals. To make it more competitive in both International and Domestic marketsthe Company has proposed to modernise its plant & machinery under TUFS at an estimated cost of Rs.10 crores. The modernisation scheme if implemented will yield a high value in its product mixture.

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