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Resistance/Support
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Sambandam Spinning Mills Ltd Performance

Today's Low
150.00
arrowIcon
Today's High
154.00
52 Wk Low
0.00
arrowIcon
52 Wk High
0.00


Open

154

Traded Value (Cr)

0.00

Prev. Close

150

Face Value

10

Volume

600

Sambandam Spinning Mills Ltd Fundamentals

Market Cap
₹ 63.92 Cr
P/E Ratio (TTM)
0.00
P/B Ratio
0.66
Debt to Equity
1.25
ROE
-10.93
EPS (TTM)
0.00
Dividend Yield
0.00 %
Book Value
228.04

Click here to know more about Fundamentals

Sambandam Spinning Mills Ltd Financials

Sambandam Spinning Mills Ltd Financials

Sambandam Spinning Mills Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 50.30 % 50.30 % 50.79 % 50.79 %
Retail 44.82 % 45.31 % 44.87 % 44.84 %
Others 4.88 % 4.39 % 4.34 % 4.37 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %
FII 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

50.30%

Retail

44.82%

Others

4.88%

Mutual Funds

0.00%

FII

0.00%

Promoters

50.30%

Retail

45.31%

Others

4.39%

Mutual Funds

0.00%

FII

0.00%

Promoters

50.79%

Retail

44.87%

Others

4.34%

Mutual Funds

0.00%

FII

0.00%

Promoters

50.79%

Retail

44.84%

Others

4.37%

Mutual Funds

0.00%

FII

0.00%

Resistance and Support

₹151.33

PIVOT

resistance-arrow
Resistance
First Resistance₹152.667
Second Resistance₹155.333
Third Resistance₹156.667
support-arrow
Support
First Support₹148.667
Second Support₹147.333
Third Support₹144.667

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day645645100.00
Week6456340.00
1 Month6454200.00
6 Months178,891155,79183.91

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

Managing Director

1973

Founded

S Devarajan

NSE Symbol

SAMBANDAM

Sambandam Spinning Mills Ltd Management

NameDesignation
S DevarajanChairman & Managing Director
S JegarajanJoint Managing Director
S DinakaranJoint Managing Director
D SudharsanDirector
S GnanasekharanIndependent Director
Kameshwar M BhatIndependent Director
S NatarajanCompany Sec. & Compli. Officer
VENKATESAN SEKARIndependent Director
D BalasundaramIndependent Director
Annapoorani VenugopalanIndependent Director
S BhaskaranIndependent Director
J SakthivelDirector (Technical)
D NiranjanKumarDirector (Marketing)

Sambandam Spinning Mills Ltd News

Sambandam Spinning Mills to conduct board meeting
On 25 May 2024
Sambandam Spinning Mills reports consolidated net loss of Rs 3.74 crore in the December 2023 quarter
Sales decline 6.37% to Rs 52.92 crore
Sambandam Spinning Mills to hold board meeting
On 3 February 2024
Sambandam Spinning Mills reports consolidated net profit of Rs 0.33 crore in the September 2023 quarter
Sales decline 31.82% to Rs 50.82 crore
Sambandam Spinning Mills to discuss results
On 4 November 2023
Sambandam Spinning Mills reports consolidated net loss of Rs 3.11 crore in the June 2023 quarter
Sales decline 36.22% to Rs 52.43 crore
Sambandam Spinning Mills to table results
On 12 August 2023
Sambandam Spinning Mills to hold AGM
On 12 August 2023
Sambandam Spinning Mills reports consolidated net loss of Rs 0.61 crore in the March 2023 quarter
Sales decline 48.39% to Rs 49.98 crore
Sambandam Spinning Mills to convene board meeting
On 27 May 2023

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Sambandam Spinning Mills Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Sambandam Spinning Mills Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Sambandam Spinning Mills Ltd's share price is ₹80.00 as of May 23, 2024 at 12:07 PM

Sambandam Spinning Mills Ltd's P/E ratio is 0.00 times as of May 23, 2024 at 12:07 PM.

Sambandam Spinning Mills Ltd's most recent financial reports indicate a price-to-book ratio of 0.66, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Sambandam Spinning Mills Ltd's market is 64 Cr as on May 23, 2024 at 12:07 PM.

The current financial records of Sambandam Spinning Mills Ltd show a -10.93% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Sambandam Spinning Mills Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Sambandam Spinning Mills Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Sambandam Spinning Mills Ltd's 52-week high and low as of May 23, 2024 at 12:07 PM are ₹0 and ₹0 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Sambandam Spinning Mills Ltd stands at 50.30%. During the same period, Institutional Investors have shown a slight values are equal in their holdings, values are equal from 0.00% to 0.00%.