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Mid India Industries Share Price

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NSEBSE
Stock not traded

7.55-0.18 (-2.33%)

03:30 PM,15th Apr 2024

BSE : 500277

NSE : MIDINDIA

Sector : Others

ISIN Code : INE401C01018

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Last Updated: Apr 15 2024 | 03:30 PM 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

24.00

All Time High Date

12 Sep 1995

All Time Low

0.05

All Time Low Date

19 Jun 1998

Mid India Industries Ltd

Mid India Industries Ltd (Erstwhile known Mid India Spinning Company Limited) was incorporated as Public Limited Company in March 1991. Its name was changed to the present one in Feb.'95. The Company is engaged in manufacturing of cotton textiles yarn fabrics & other textile products. MIIL is a 100% export-oriented spinning unit mainly promoted by R P Ganediwal and Others.The company's unit is located in Mandsaur a rich cotton-growing area in Madhya Pradesh. It went public in Mar.'93 to meet the entire capital requirement for the first phase of the installation of 12480 spindles at a cost of Rs 16.3 cr. The plant is equipped with state-of-the-art spinning machines. Commercial production started in Jan.'94. The company has entered into a MoU with Unimax Italy for the purchase of the entire production. For the second phase of expansion (12500 spindles) building construction has been already started and machineries are almost finalised. In 1995-96 the company earned foreign exchange worth Rs 18.94 cr. During 1996-97 the second phase of cotton yarn has been postponed for the further expansion of installation of another 8160 spindles. Company is planning to open overseas office to make effective marketing in the international yarn market and provide best services to the foreign buyers.As the accumulated losses of the company have resulted in erosion of more than 100% of its net worththe company has become a sick industrial company as per Section 3(1)(O) of SICA .During the Financial year 2021-22 Company started trading in heavy plant machinery and spare parts business.

Mid India Industries Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

12

EPS - TTM (₹) [S]

0.04

P/E Ratio (X) [S]

-2.96

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]-2.55
P/B Ratio (₹) [S]-2.96
[*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

7.12

7.73

Week Low/High

7.11

9.00

Month Low/High

6.18

9.00

Year Low/High

6.18

12.00

All time Low/High

0.26

55.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-0.79%%-1.80-1.74%
1 Month11.03%%1.041.13%
3 Month-10.12%%0.100.79%
6 Month-2.45%%10.7412.77%
1 Year-33.24%%21.4624.93%
3 Year%%50.4052.75%

Company Info

Company Information

Chairman & Managing Director : Sanjay Singh.

E D & Wholetime Director : Bhawani Shankar Soni

Independent Non Exe. Director : Deepika Gandhi

Independent Non Exe. Director : Aneet Jain

Independent Non Exe. Director : Rakesh Kumar Jain

Independent Non Exe. Director : Bhushan Tambe

Independent Non Exe. Director : Awani Kothari

Registered Office: Textile Mill Area, ,Mandsaur,Madhya Pradesh-458001 Ph: 91-07422-234999/405139

Email:csmidindia@gmail.com

URL:http://www.midindiaindustries.com