Suryalata Spinning Mills Ltd Price Today
Suryalata Spinning Mills Ltd share price is
₹350.5 as on
01-Jan-1980,
Down 0.24%
from the previous close of ₹351.35.
The stock has traded between
₹368.8 and
₹346.7 today,
against a 52-week range of
₹N/A to
₹N/A.
Over the past year the stock is
N/A range.
Market capitalisation stands at ₹160.55 crore.
Suryalata Spinning Mills Limited (SSML) was incorporated on May 23, 1983 in Hyderabad. The Company is engaged in producing the best quality of Synthetic Yarns like 100% Polyester (PSF) Yarns, 100% Viscose (VSF) Yarns, PSF & VSF Blended Yarns and Value Added Yarns like Slub Yarns, Elite Twist and Two for One Twist Yarns (T F O) etc., suitable for suitings, shirtings and knitting.
Currently, the Company has two manufacturing units with a total capacity of 69,408 spindles at Kalwakurthy and Urkondapet. The Company is having total installed capacity of 1,19,280 spindles and 8 Nos Vortex Spin machines. Altogether produces the quantity about 90 MTs 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 com ...pany 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 Crore 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 1.20 MW under BOT model. Further, installed 1 MW solar plant in April 2022. Thereby, total installations counted to 11.127 MW against connected power load of 12.650 MW.
The Company acquired Suntree Solar Energy Private Limited as its wholly owned subsidiary company in 2023.
1. Can I buy Suryalata Spinning Mills Ltd from PL Capital? ›
Yes, you can invest in Suryalata Spinning Mills Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Suryalata Spinning Mills 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 Suryalata Spinning Mills Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Suryalata Spinning Mills Ltd pay dividends? ›
Yes, Suryalata Spinning Mills Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Suryalata Spinning Mills Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Suryalata Spinning Mills Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Suryalata Spinning Mills Ltd. is ₹ 350.5 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Suryalata Spinning Mills Ltd ? ›
The 52-week high and low of Suryalata Spinning Mills Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
5. What is the market capitalisation of Suryalata Spinning Mills Ltd? ›
Market capitalisation of Suryalata Spinning Mills Ltd is ₹160.55Cr as of 01-Jan-1980.
6. What is the current P/E ratio of Suryalata Spinning Mills Ltd? ›
The P/E (price-to-earnings) ratio of Suryalata Spinning Mills Ltd is 5.190.
7. What is the current P/B ratio of Suryalata Spinning Mills Ltd? ›
The P/B (price-to-book) ratio of Suryalata Spinning Mills Ltd is 0.540.
8. What is the shareholding pattern of Suryalata Spinning Mills Ltd? ›
As of 01-Jan-1980, promoters hold 70.361%, foreign institutional investors hold 0.000%, domestic institutional investors hold 0.021%, and the public holds 25.236%.
9. What is the 1-year return of Suryalata Spinning Mills Ltd? ›
The 1-year return of Suryalata Spinning Mills Ltd is N/A range.
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