Jindal Cotex Ltd

Why is Jindal Cotex Ltd falling/rising?

As of 01-Sep, Jindal Cotex Ltd's stock price is stable at 2.60, reflecting no change. While short-term performance is stable, longer-term trends are less favorable, though increased investor participation may indicate potential for future growth.

As of 01-Sep, Jindal Cotex Ltd's stock price remains unchanged at 2.60, with a change of 0.00 (0.00%). The stock's performance has been inline with the sector today, indicating stability despite erratic trading patterns, as it did not trade on 4 out of the last 20 days. <BR><BR>In terms of moving averages, the stock is currently higher than its 5-day and 20-day moving averages, but lower than the 50-day, 100-day, and 200-day moving averages. This suggests that while there may be short-term stability, the longer-term trend is not as favorable. <BR><BR>Investor participation has seen a notable increase, with a delivery volume of 1.31 lacs on 21 Nov rising by 256.24% compared to the 5-day average delivery volume, indicating growing interest among investors. Additionally, the stock's liquidity is sufficient for trading, as it is based on 2% of the 5-day average traded value.<BR><BR>Overall, while the stock price has not changed, the increase in investor participation and performance relative to the sector may suggest a potential for future growth, despite the current price stability.

Which are the latest news on Jindal Cotex Ltd?

Who are in the management team of Jindal Cotex Ltd?

The management team of Jindal Cotex Ltd includes Sandeep Jindal (Managing Director), Alisha (Independent Director), Kartar Chand Dhiman (Independent Director), and Kanik Sharma (Chairman & Independent Director).

The management team of Jindal Cotex Ltd includes the following individuals:<BR><BR>1. **Sandeep Jindal** - Managing Director<BR>2. **Alisha** - Independent Director<BR>3. **Kartar Chand Dhiman** - Independent Director<BR>4. **Kanik Sharma** - Chairman & Independent Director<BR><BR>If you need more details about their roles or the company, feel free to ask!

What does Jindal Cotex Ltd do?

Jindal Cotex Ltd is a micro-cap company in the textiles industry, specializing in the manufacturing of acrylic and polyester yarns. Founded in 1998, it has a market cap of INR 12 Cr and reported net sales of 5 Cr with no net profit for December 2024.

Overview:<BR>Jindal Cotex Ltd is engaged in the textiles business, specifically manufacturing acrylic and polyester yarns, and operates within the Garments & Apparels industry as a micro-cap company.<BR><BR>History:<BR>Incorporated in 1998, Jindal Cotex Ltd initially set up 6912 spindles for acrylic yarn production and later expanded to polyester yarns, increasing its capacity to 23472 spindles. The latest quarterly results reported net sales and net profit for December 2024.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 5 Cr (Quarterly Results - Dec 2024) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Dec 2024) <BR>Market-cap value: INR 12 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 52 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 2.98 <BR>Return on Equity: -6.29% <BR>Price-to-Book: 0.16 <BR><BR>Contact Details:<BR>Address: V P O Jugiana, G T Road Ludhiana Punjab : 141017 <BR>Phone: 91-161-2511840 <BR>Email: cs@jindalcotex.com <BR>Website: http://www.jindalcotex.com

Who are the peers of the Jindal Cotex Ltd?

Jindal Cotex Ltd's peers include Globale Tessile, Eurotex Industri, Sri Nacha. Cott., Mish Designs, Garware Marine, Scarnose Inter., Kallam Textiles, GTN Textiles, Samtex Fashion, and Jiwanram Sheo. Most peers exhibit below-average management risk and growth ratings, with GTN Textiles showing the highest 1-year return at -6.74%.

Peers: The peers of Jindal Cotex Ltd are Globale Tessile, Eurotex Industri, Sri Nacha. Cott., Mish Designs, Garware Marine, Scarnose Inter., Kallam Textiles, GTN Textiles, Samtex Fashion, and Jiwanram Sheo.<BR><BR>Quality Snapshot: Below Average management risk is observed at Globale Tessile, Sri Nacha. Cott., Mish Designs, Jindal Cotex Ltd, Garware Marine, Scarnose Inter., Kallam Textiles, GTN Textiles, and Jiwanram Sheo, while Eurotex Industri and Samtex Fashion do not qualify. Average capital structure is found at Mish Designs, while the rest have Below Average capital structure. Growth ratings are Below Average for Globale Tessile, Sri Nacha. Cott., Mish Designs, Jindal Cotex Ltd, Garware Marine, Scarnose Inter., Kallam Textiles, GTN Textiles, and Jiwanram Sheo, with Eurotex Industri and Samtex Fashion not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is GTN Textiles at -6.74%, while Mish Designs has the lowest at -45.22%. Jindal Cotex Ltd's 1-year return is not available for comparison. Additionally, several peers, including Mish Designs, Garware Marine, Kallam Textiles, Samtex Fashion, and others, have negative six-month returns.

How big is Jindal Cotex Ltd?

As of 31st August, Jindal Cotex Ltd has a market capitalization of 12.00 Cr and reported Net Sales of 5.37 Cr with a Net Profit loss of 5.75 Cr for the latest four quarters. Shareholder's Funds were 185.59 Cr and Total Assets were 236.59 Cr as of March 2023.

As of 31st August, Jindal Cotex Ltd has a market capitalization of 12.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Jindal Cotex Ltd reported Net Sales of 5.37 Cr. However, the company experienced a loss of 5.75 Cr in Net Profit during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2023. Shareholder's Funds stood at 185.59 Cr, while Total Assets were valued at 236.59 Cr.

When is the next results date for Jindal Cotex Ltd?

No Upcoming Board Meetings

Has Jindal Cotex Ltd declared dividend?

No Dividend History Available

Who are the top shareholders of the Jindal Cotex Ltd?

The top shareholders of Jindal Cotex Ltd include individual investors holding 52.24% of shares, with Ramesh Kumar Jindal as the largest promoter at 6.17%. Clareville Capital Opportunities Master Fund Limited is the largest public shareholder at 10.47%, while Foreign Institutional Investors hold 10.56%, and 93.91% of promoter holdings are pledged.

The top shareholders of Jindal Cotex Ltd include a mix of individual and institutional investors. The majority of the shares are held by non-institutional investors, with individual investors holding approximately 52.24% of the shares. <BR><BR>Among the prominent shareholders, Ramesh Kumar Jindal is the promoter with the highest holding at 6.17%. Additionally, Clareville Capital Opportunities Master Fund Limited is the highest public shareholder, holding about 10.47%. <BR><BR>Foreign Institutional Investors (FIIs) hold around 10.56% of the shares, while there are no mutual funds currently invested in the company. It's also noteworthy that a significant portion of the promoter holdings, approximately 93.91%, is pledged.