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Resistance/Support
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Suryalata Spinning Mills Ltd Performance

Today's Low
391.55
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Today's High
403.95
52 Wk Low
348.60
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52 Wk High
1,634.95


Open

391.55

Traded Value (Cr)

3.89 L

Prev. Close

396.6

VWAP

395.83

Volume

987.00

Face Value

10

Suryalata Spinning Mills Ltd Fundamentals

Market Cap
₹ 169 Cr
P/E Ratio (TTM)
12.53
P/B Ratio
0.74
Debt to Equity
0.40
ROE
0.00 %
EPS (TTM)
31.74
Dividend Yield
0.75%
Book Value
536.21

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Suryalata Spinning Mills Ltd Financials

Suryalata Spinning Mills Ltd Financials

Suryalata Spinning Mills Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 70.36 % 70.36 % 70.36 % 70.36 %
Retail 25.11 % 25.10 % 24.88 % 24.88 %
Others 4.52 % 4.54 % 4.75 % 4.76 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %
FII 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

70.36%

Retail

25.11%

Others

4.52%

Mutual Funds

0.00%

FII

0.00%

Promoters

70.36%

Retail

25.10%

Others

4.54%

Mutual Funds

0.00%

FII

0.00%

Promoters

70.36%

Retail

24.88%

Others

4.75%

Mutual Funds

0.00%

FII

0.00%

Promoters

70.36%

Retail

24.88%

Others

4.76%

Mutual Funds

0.00%

FII

0.00%

Resistance and Support

₹396.25

PIVOT

resistance-arrow
Resistance
First Resistance₹401.500
Second Resistance₹405.250
Third Resistance₹410.500
support-arrow
Support
First Resistance₹392.500
Second Resistance₹387.250
Third Resistance₹383.500
RSI37.291
MACD-8.333
ADX40.686
CCI-123.431

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day2,3161,57668.05
Week1,9871,53682.17
1 Month1,9131,51778.05
6 Months000.00

About Suryalata Spinning Mills Ltd

Suryalata Spinning Mills (SSML) was incorporated on May 23, 1983 in Hyderabad. The Company is one of the largest producers of Yarn. The Company is basically into manufacturing of Synthetic blended yarns of Polyester / Viscose, 100% Polyester and 100% Viscose with counts ranging from 20s to 40s. Currently the Company has two manufacturing units with a total capacity of 69,408 spindles at Kalwakurthy and Urkondapet. The unit at Kalwakurthy has an installed capacity of 36,288 spindles with a production capacity of 30 MTs per day. The second plant (Urkondapet) has an installed capacity of 33,120 spindles with a production capacity of 20MT's per day. SSML commenced commercial production in 1986-87. In May '92, the company came out with zero-interest fully convertible debentures to part-finance the cost of setting up another plant as well as to modernise the existing one. As on 31 Mar.'95, it had an installed capacity of 25,077 ring spindles and 672 rotors. The modernisation of the Kaluakurthy unit was completed. The company undertook an expansion programme at Kaluakurthy and Ramtek to install 6048 spindles and 3600 spindles respectively at a cost of Rs 10 cr. During 1997-98 the modernisation and expansion programme at its two units at Kalwakurthy & Ramtek was completed an schedule and started operating on expanded capacity. The expansion programme for the year 2000 to increase the spindleage by 12000 No has been completed at Kalwakurthy and Ramtek. In 2002-03 the company undertook modernisation of its plant at an estimated outlay of Rs.733.15 lakhs. The modernisation project is being funded by way of Term loans from UCO bank under the TUF and the balance through contribution by promoters and internal accurals. The project is expected to be completed at the end of the current financial year. During the year 2009-10, the Company installed new equipment for 10,080 spindles at Urukondapet Unit and started commercial production from 18th January, 2010. Accordingly, the total capacities of the Company increased to 69,408 spindles. During 2014-15, YP Solar Power Private Limited was incorporated as a Wholly Owned Subsidiary of the Company vide w.e.f. 23rd February, 2015 to generate power for captive consumption purpose. The Company completed its Modernization cum Expansion project at Kalwakurthy Unit in March, 2019 and incurred total Capital Expenditure of Rs 83.93 cr and resultant, the total installed capacity increased from 93,264 spindles to 1,15,248 spindles. During 2021-22, the company installed Solar of 4.342 MW on BOT basis at Kalwakurthy Unit and 4.585 MW on CAPEX mode at Urukondapet Unit, in addition to Solar plant of 1.20MW under BOT model. Further, installed 1.00 MW solar plant in April 2022. Thereby, total installations count to 11.127 MW against connected power load of 12.650 MW.

Managing Director

Vithaldas Agarwal

Founded

1983

NSE Symbol

Suryalata Spinning Mills Ltd Management

NameDesignation
R Surender ReddyChairman & Independent Directo
Vithaldas AgarwalManaging Director
Mahender Kumar AgarwalJoint Managing Director
K R Suresh ReddyIndependent Director
Madhavi AgarwalWhole-time Director
K Harischandra PrasadIndependent Director
Khushboo JainCompany Sec. & Compli. Officer

Suryalata Spinning Mills Ltd News

Suryalata Spinning Mills standalone net profit declines 70.49% in the December 2023 quarter
Sales decline 8.11% to Rs 113.57 crore
Suryalata Spinning Mills to hold board meeting
On 7 February 2024
Suryalata Spinning Mills standalone net profit declines 62.20% in the September 2023 quarter
Sales decline 6.03% to Rs 108.87 crore
Suryalata Spinning Mills to announce Quarterly Result
On 6 November 2023
Suryalata Spinning Mills to conduct AGM
On 29 September 2023
Suryalata Spinning Mills standalone net profit declines 70.06% in the June 2023 quarter
Sales decline 23.94% to Rs 101.54 crore
Suryalata Spinning Mills to discuss results
On 12 August 2023
Board of Suryalata Spinning Mills recommends final dividend
Of Rs 3 per share
Suryalata Spinning Mills standalone net profit declines 79.92% in the March 2023 quarter
Sales decline 21.88% to Rs 106.31 crore
Suryalata Spinning Mills to hold board meeting
On 29 May 2023

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Suryalata Spinning Mills Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Suryalata 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. Suryalata Spinning Mills Ltd's share price is ₹393.80 as of May 10, 2024

Suryalata Spinning Mills Ltd's P/E ratio is 12.53 times as of May 10, 2024.

Suryalata Spinning Mills Ltd's most recent financial reports indicate a price-to-book ratio of 0.74, 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. Suryalata Spinning Mills Ltd's market is 170 Cr as on May 10, 2024.

The current financial records of Suryalata Spinning Mills Ltd show a 0.00% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Suryalata 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. Suryalata Spinning Mills Ltd's 52-week high and low as of May 10, 2024 are ₹403.95 and ₹391.55 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Suryalata Spinning Mills Ltd stands at 70.36%. 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%.