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Kandagiri Spinning Mills Ltd
Kandagiri Spinning Mills Downgraded to Strong Sell Amid Technical and Fundamental Concerns
Kandagiri Spinning Mills (Stock ID: 638440), a player in the Garments & Apparels sector, has seen its investment rating downgraded from Sell to Strong Sell as of 21 Jan 2026. This shift reflects a combination of deteriorating technical indicators, flat financial performance, and valuation concerns, signalling increased risk for investors despite the stock’s historical outperformance over longer periods.
Kandagiri Spinning Mills Downgraded to Sell Amid Mixed Technicals and Weak Fundamentals
Kandagiri Spinning Mills (Stock ID: 638440), a player in the Garments & Apparels sector, has been assigned a Sell rating with a Mojo Score of 40.0 and a Market Cap Grade of 3 as of 29 Dec 2025. This marks a significant change from its previous ungraded status, reflecting a complex interplay of technical improvements and deteriorating fundamental metrics that investors should carefully consider.
When is the next results date for Kandagiri Spinng?
Kandagiri Spinng will declare its results on 30 October 2025.
How has been the historical performance of Kandagiri Spinng?
Kandagiri Spinng has experienced a significant decline in financial health from 2019 to 2024, with total liabilities and assets both decreasing to Rs 14.81 crore, negative shareholder equity, and consistent losses, including a profit before tax of Rs -1.00 crore in March 2024. The company's ongoing operational challenges are reflected in negative cash flow and a consistently negative book value per share since March 2021.
What does Kandagiri Spinng do?
Kandagiri Spinning Mills Ltd is a micro-cap company in the Garments & Apparels industry, specializing in the manufacture of cotton yarns and value-added yarn products. As of December 2024, it reported net sales of 4 Cr and a net loss of 5 Cr, with a market cap of INR 16 Cr.
Who are the top shareholders of the Kandagiri Spinng?
The top shareholders of Kandagiri Spinng include R Selvarajan, who holds 20.23%, and H M Textiles Private Limited, with 2.34%. Individual investors own 28.86% of the shares, with no pledged promoter holdings or investments from mutual funds or foreign institutional investors.
Who are in the management team of Kandagiri Spinng?
As of March 2022, the management team of Kandagiri Spinng includes R Selvarajan (Managing Director), S Gnanasekharan (Chairman & Independent Director), J Asifa (Company Secretary & Compliance Officer), A Sarayu (Director), S Elangovan (Independent Director), and S Devarajan (Director). They are responsible for the company's governance and operational oversight.
What is the technical trend for Kandagiri Spinng?
As of May 27, 2025, Kandagiri Spinng's technical trend is mildly bullish, supported by bullish MACD and moving averages, despite bearish RSI readings indicating weakening strength.
Is Kandagiri Spinng overvalued or undervalued?
As of April 25, 2023, Kandagiri Spinng is considered overvalued and "risky" due to negative financial ratios, including a PE ratio of -7.73 and an EV to Sales ratio of 13.64, despite a year-to-date stock performance of 26.7% that outpaces the Sensex's 5.59%.
Kandagiri Spinning Mills Achieves 52-Week High Amid Strong Market Momentum
Kandagiri Spinning Mills has reached a new 52-week high of Rs. 40.75, reflecting strong market activity and consistent upward momentum with a 40.57% gain over the past week. The company has significantly outperformed the Sensex over the past year, showcasing its robust position in the textile industry.
Kandagiri Spinning Mills Achieves 52-Week High Amid Strong Market Momentum
Kandagiri Spinning Mills has reached a new 52-week high of Rs. 38.81, reflecting a strong performance in the textile industry. The stock has gained 33.87% over the past six days and has outperformed the Sensex significantly over the past year, indicating positive market momentum.
Kandagiri Spinning Mills Reaches 52-Week High Amid Strong Market Activity
Kandagiri Spinning Mills has reached a new 52-week high of Rs. 36.97, reflecting strong market activity. The stock has surged 27.53% over the past five days and is trading above multiple moving averages, showcasing its robust market position and outperforming the Sensex significantly over the past year.
Kandagiri Spinning Mills Reports Flat Q3 FY24-25 Results Amid Improved Debtors Turnover Ratio
Kandagiri Spinning Mills announced its third-quarter financial results for FY24-25, showing flat performance but an improved evaluation score. The company's Debtors Turnover Ratio reached 2.74 times, indicating enhanced efficiency in managing receivables. Stakeholders will continue to monitor Kandagiri's financial metrics in the textile sector.
Kandagiri Spinning Mills Experiences Revision in Its Stock Evaluation Amid Strong Market Performance
Kandagiri Spinning Mills has recently been added to MarketsMOJO's list following a revision in its score, reflecting its strong market performance. The stock reached a 52-week high, outperforming its sector and demonstrating significant growth over the past year, highlighting its potential in the textile industry.
Kandagiri Spinning Mills' Q2 financials show mixed results, MarketsMOJO gives 'Sell' call
Kandagiri Spinning Mills, a microcap textile company, has reported a flat performance in the second quarter of fiscal year 2024-2025. While the Debtors Turnover Ratio has improved, the operating cash flow has declined. MarketsMOJO has given a 'Sell' call for the company's stock, indicating caution for potential investors.
Kandagiri Spinning Mills Reports Flat Performance, But Shows Positive Trend in PBT for Q1 FY25
Kandagiri Spinning Mills, a microcap textile company, has reported a flat performance in the quarter ending June 2024. However, the company's PBT has shown a positive trend, with the highest score in the last five quarters. With a strong focus on quality and efficient operations, the company remains a key player in the textile industry.
Kandagiri Spinning Mills' Stock Hits 52-Week High, Outperforms Sector by 4.8%
Kandagiri Spinning Mills, a microcap textile company, has been on a winning streak for the past 6 days, outperforming the sector by 4.8%. Its stock has hit a 52-week high and is currently trading higher than its moving averages. With a 1-year return of 126.56%, the company shows strong growth potential.
Kandagiri Spinning Mills Hits 52-Week High, Outperforms Sector with Strong Growth
Kandagiri Spinning Mills, a microcap textile company, has hit a 52-week high on June 6th, 2024, with a current price of Rs. 34.44. It has outperformed the sector by 3.57% and has been on a consecutive gain for the last 5 days. The stock is currently trading higher than its moving averages, indicating a positive trend. In the past year, it has shown a remarkable performance with a 115.92% increase, showcasing its potential in the market. Investors should stay updated with its performance for a better understanding of its future prospects.
Kandagiri Spinning Mills Surges to 52-Week High, Outperforms Sector and Sensex
Kandagiri Spinning Mills, a microcap textile company, has seen a surge in its stock price, reaching a 52-week high on June 5th, 2024. Despite some erratic trading, the stock has consistently traded above its moving averages and has outperformed the Sensex by 115.65% in the last year. Investors are advised to conduct their own research before making any decisions.
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