Damodar Industries Limited was originally incorporated in the name of 'Damodar Threads Limited' on 11th December 1987 as a Private Limited Company to manufacture Synthetic Blended Yarns. The Company was converted into Public Limited Company on 20th March 1992 and name of the Company was changed to Damodar Industries Limited on 22 January, 2023. Since 1992, the Company had expanded its production capacity and is now one of the largest producers of value added yarns in India having a group turnover of $ 100 Million from 6 manufacturing facilities.
The Weaving Plant with 32 Picanol looms with other preparatory machines at Daman Factory was made operational in November, 2004. The setting up a doubling plant of fancy yarn at Silvassa became operational in May, 2005. 14,400 spindles were put ...to operation during 2006-07. The plant having 32,908 spindles with a capacity to manufacture 15,000 Kgs per day of fine quality cotton yarn was fully commissioned in 2008.
Thereafter, the Company installed 58 TFO's with a capaicity of 7000 kgs per day of twisted/doubled yarn. It further installed 6 imported twisting machines and preparatory machines for spinning blended fancy yarns, which commissioned in March, 2009. Further, the warehouse at Village Tambadi near to Dadra Plant for storing of Cotton and other raw materials was made operational. It installed 4 Air Texturising Machines to increase production of value added yarns during 2010.
The Company came up with another spinning mill for yarn product costing Rs 196 Crores with 44016 spindle machines at Amravati, Maharashtra during FY 2019. It installed post spinning machines like TFO, Fancy Doubling, Hollow Doubling, Yarn Dyeing, Multi Colour Space Dyeing .
1. Can I buy Damodar Industries Ltd from PL Capital? ›
Yes, you can invest in Damodar Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Damodar Industries Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Damodar Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Damodar Industries Ltd pay dividends? ›
Damodar Industries Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Damodar Industries Ltd ? ›
As of
14-10-2025 the share price for Damodar Industries Ltd. is 33.72 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Damodar Industries Ltd ? ›
The 52-week high and low of Damodar Industries Ltd share price is ₹ 28 - ₹ 47.9 as of
14-10-2025 .
PL Ringside View
Our fireside chat series where industry experts and top management share valuable insights for our clients
