Sambandam Spinning Mills Ltd

Sambandam Spinning Mills Ltd Share Price Today: Live Updates & Key Insights

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Sambandam Spinning Mills Ltd Share Price Chart

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Sambandam Spinning Mills Ltd Fundamentals

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Sambandam Spinning Mills Ltd Share Price Performance

Shows the percentage change in stock price over different time periods

This section highlights Sambandam Spinning Mills Ltd stock price performance across key timeframes, including 1-week, 1-month, 3-month, Year-To-Date (YTD), and 1-year returns. It provides insights into the Sambandam Spinning Mills Ltd share price history, short-term movements, long-term trends, and overall investor sentiment

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Sambandam Spinning Mills Ltd Traded Volume Movement

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This section highlights Sambandam Spinning Mills Ltd daily and average traded volumes, offering insights into investor activity and market liquidity. Higher volumes than average often indicate rising interest, news impact, or shifting market sentiment

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Sambandam Spinning Mills Ltd Technical Details

Sambandam Spinning Mills Ltd technical indicators, such as support and resistance levels and pivot points, are calculated based on historical price and volume trends. These metrics help traders anticipate possible price movements and make informed trading decisions.

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Sambandam Spinning Mills Ltd Corporate Actions

Sambandam Spinning Mills Ltd corporate actions include dividends, bonus issues, stock splits, and key company updates that may affect share price and investor sentiment. This section provides timely details on past and upcoming actions, including ex-date, record date, and payout ratio - helping investors make informed decisions based on Sambandam Spinning Mills Ltd’s capital allocation strategies.

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Sambandam Spinning Mills Ltd Peer Comparison

Shows key financial metrics for the company and its peers

This section compares Sambandam Spinning Mills Ltd with leading peers in the banking sector based on key metrics such as market capitalization, 1-year return, P/E (TTM), and PB ratio. It helps investors evaluate Sambandam Spinning Mills Ltd's relative performance and valuation against major competitors.

Stock Name Divyadhan Recycling Industries Ltd ₹35.95 (-4.89%) M. Cap (Cr) 0.51 1 Yr Return (%) NaN% P/E (TTM) 33.48 PB Ratio 1.47

Stock Name Super Spinning Mills Ltd ₹9.31 (+0.22%) M. Cap (Cr) 0.51 1 Yr Return (%) -15.44% P/E (TTM) -3.17 PB Ratio 0.93

Stock Name Anirit Ventures Ltd ₹84.21 (0.00%) M. Cap (Cr) 0.51 1 Yr Return (%) -41.92% P/E (TTM) -31.00 PB Ratio -7.02

Stock Name Sambandam Spinning Mills Ltd ₹113.00 (0.00%) M. Cap (Cr) 0.48 1 Yr Return (%) -21.42% P/E (TTM) -8.41 PB Ratio 0.55

Stock Name Mohit Industries Ltd ₹33.42 (+1.80%) M. Cap (Cr) 0.47 1 Yr Return (%) +10.74% P/E (TTM) -19.34 PB Ratio 0.15

Stock Name K G Denim Ltd ₹18.00 (+4.47%) M. Cap (Cr) 0.46 1 Yr Return (%) -29.96% P/E (TTM) -1.30 PB Ratio 5.75

Stock Name Acrow India Ltd ₹730.00 (0.00%) M. Cap (Cr) 0.47 1 Yr Return (%) +0.63% P/E (TTM) -50.00 PB Ratio 2.09

Sambandam Spinning Mills Ltd Cash Flow

Cash flow data provides a view of how money is generated and spent by Sambandam Spinning Mills Ltd, across its operating activities, investing activities, and financing activities.

Sambandam Spinning Mills Ltd Shareholding Pattern

This shows the ownership breakdown of Sambandam Spinning Mills Ltd, highlighting participation from Foreign Institutional Investors (FII), Mutual Funds, Public, Other Institutions, and Promoters.

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About Sambandam Spinning Mills Ltd

Sambandam Spinning Mills Ltd (SSML) was incorporated in 1973. The Company is into the business of manufacture of Yarn (cotton, synthetic, etc.) and Fabric. It has 4 manufacturing locations around Salem, 12.35 MW Wind Energy Converters located in Tirunelvelli District, Tamil Nadu State and 9MW of solar energy plants which produce electricity for its own consumption and for sale. The Company manufactures yarn at its three spinning mills in Tamil Nadu, of which two are in Salem district and one in Coimbatore district. It allotted bonus shares in the ratio of 1:2 in May `94. Subsequently, in Aug.`94, it offered rights at a premium of Rs 40 per share. Presently, the total installed spinning capacity of the mill is 47,356. SSL went public in Jan.`95 at a premium of Rs 40 to part-finance its expansion programme to have an installed capacity of 50,460 spindles. This is likely to be completed in Mar.`97. The company started a windmill project from Sep.`95, to generate 225 kW power, at Poolavadi in Coimbatore district. In 1995-96, SSL earned foreign exchange worth Rs 33 lac. During 1996-97, due to uptrend in the price of Yarn and Cotton, the company is not in a position to hazard any favourable change in the profitability of the company. In 1996-97, SSL earned foreign exchange worth Rs. 98 Lacs. In May 1998, the company was awarded the ISO 9002 Qality Accreditation certificate by SGS, a testimony for quality work processes. During the year 1999-2000, the Company availed term loans from financial institutions towards working capital to an extent of Rs. 1070 lakhs and repaid term loans to an extent of Rs. 316 lakhs. The Company also incurred capital expenditure of Rs. 187 lakhs during the year. The Company energized two Wind energy converters (WEGs) at a cost of Rs.1238 Lakhs in Tirunelveli District during the year 2005-06. It energized three Wind Energy Converters (WECs) costing Rs.18.60 crores in Uthumalai Village, Tirunelveli District, Tamil Nadu during the year 2006-07. The Company`s modernisation and expansion programme implemented costing Rs.40 crores during the year 2006-07 resulting in addition of 13392 spindles started functioning during the year. Company`s expansion project involving installation of 10,800 spindles was commissioned in July 2008. During the year 2010, 3600 Spindles were added to the capacity in third unit, thereby increasing the total installed capacity to 89,052 spindles from 85,452 Spindles. During the year 2020-21, the Company started operating its Unit IV (with 27,000 spindles) from June 2021 consisting of spinning plant and machinery which was purchased from Kandhagiri Spinning Mills Ltd (KSML )during the month march FY 19-20 and thereby the expanded capacity was put to use fully, and functioning as Unit IV of SSML

Chairman / Executive Director / M D / Promoter

S Devarajan

Registered office Mill Premises Post Bag No 1, Kamaraj Nagar Colony, Salem, Tamil Nadu, 636014

FAX :91-0427-2240790 (5 Lines)

Background

Incorporation Year 1973

Face Value ₹10.00

Market Lot 1

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