Southern Latex Ltd

Southern Latex Ltd Share Price Today: Live Updates & Key Insights

Get insights on Southern Latex Ltd’s fundamentals, financials, shareholding, peer comparison, corporate actions & performance. Track key metrics, price trends & market sentiment for informed decisions. Explore all data at Motilal Oswal.

Southern Latex Ltd Share Price Chart

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Southern Latex Ltd Fundamentals

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Southern Latex Ltd Share Price Performance

Shows the percentage change in stock price over different time periods

This section highlights Southern Latex 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 Southern Latex Ltd share price history, short-term movements, long-term trends, and overall investor sentiment

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Southern Latex Ltd Traded Volume Movement

Shows the trading volume over different time periods

This section highlights Southern Latex 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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Southern Latex Ltd Technical Details

Southern Latex 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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Southern Latex Ltd Corporate Actions

Southern Latex 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 Southern Latex Ltd’s capital allocation strategies.

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Southern Latex Ltd Peer Comparison

Shows key financial metrics for the company and its peers

This section compares Southern Latex 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 Southern Latex Ltd's relative performance and valuation against major competitors.

Stock Name Rachit Prints Ltd ₹134.45 (-1.14%) M. Cap (Cr) 0.66 1 Yr Return (%) NaN% P/E (TTM) 14.55 PB Ratio 4.87

Stock Name Mittal Life Style Ltd ₹1.49 (0.00%) M. Cap (Cr) 0.66 1 Yr Return (%) -32.88% P/E (TTM) 40.72 PB Ratio 1.06

Stock Name Celebrity Fashions Ltd ₹10.29 (+1.28%) M. Cap (Cr) 0.61 1 Yr Return (%) -34.08% P/E (TTM) -3.74 PB Ratio 1.66

Stock Name Southern Latex Ltd ₹83.05 (+1.99%) M. Cap (Cr) 0.61 1 Yr Return (%) +170.08% P/E (TTM) 257.12 PB Ratio 9.03

Stock Name Mohite Industries Ltd ₹3.02 (-0.98%) M. Cap (Cr) 0.61 1 Yr Return (%) -76.22% P/E (TTM) 27.57 PB Ratio 0.54

Stock Name Flexituff Ventures International Ltd ₹18.34 (-1.77%) M. Cap (Cr) 0.60 1 Yr Return (%) -72.01% P/E (TTM) -1.05 PB Ratio 1.49

Stock Name Eureka Industries Ltd ₹10.55 (-2.31%) M. Cap (Cr) 0.61 1 Yr Return (%) +81.27% P/E (TTM) 37.27 PB Ratio 1.29

Southern Latex Ltd Cash Flow

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

Southern Latex Ltd Shareholding Pattern

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

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About Southern Latex Ltd

Southern Latex Ltd. incorporated as a private limited company on 29 Mar.`89, was converted into a public limited company in Sep.`93. The Company was incorporated to carry on the business of manufacturing, processing and selling of rubberized coir products led by the Promoters of the Company, S Meganathan, G Kumaresan and Nirmal Joseph. The Company has advanced to become a leading manufacturer and exporter of a comprehensive range of supported industrial gloves coated with natural latex, nitrile and neoprene for the professional Personal Protection Equipment (PPE) markets, as well as consumer retail DIY markets. The factory is in Penang, in the northern part of Peninsula Malaysia. Their glove production exceeds 10 million pairs per annum and products are sold internationally though OEM and private label arrangements with many well known global PPE brands and major retailers in various markets. The Company implemented project for the manufacture of 90,000 rubberised coir mattresses at Gummidipoondi costing Rs 140 lakhs. It commenced commercial production from Nov.`92. In Sep.`94, the company came out with a public issue to part-finance its project for the expansion of installed capacity from 90,000 mattresses pa to 1,80,000 mattresses pa; to install facilities for finishing of mattresses ; to set up facilities for coir curling at Cumbum and to set up a latex creaming plant at Thalakkudi (Tirunelveli district). The coir plant and the latex creaming plant became operational in 1994-95. In 1995-96, the company`s new coir and latex creaming plants became fully operational contributing to the reduction in the cost of production. Initially, the company proposed to enter into manufacture of latex examination gloves. However, during that period the global market for latex examination gloves went through a recession and the units that entered the market ran into problems. Hence, it decided to shelve the project and go into the manufacture of rubberised coir products using curled coir and creamed rubber latex as raw materials.

Executive Director & MD

N Neelakanda Pillai

Registered office B-11/W Sipcot Indl Complex, Gummidipoondi, Tiruvallur, Tamil Nadu, 601201

FAX :91-4119-322334

Background

Incorporation Year 1989

Face Value ₹10.00

Market Lot 1

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