Jindal Cotex Ltd

Which are the latest news on Jindal Cotex Ltd?

Why is Jindal Cotex Ltd falling/rising?

As of 18-Jul, the stock price of Jindal Cotex Ltd is stable at 2.60, showing no change over the past week, month, and year. Despite underperforming against the Sensex, increased delivery volume indicates growing investor interest, suggesting potential for future movement.

As of 18-Jul, the stock price of Jindal Cotex Ltd is currently at 2.60, with no change from the previous day (0.00%, 0.00 change). The stock has shown no movement over the past week, month, and year, maintaining a consistent performance of +0.00% in these periods. However, when compared to the benchmark Sensex, Jindal Cotex Ltd has underperformed, as the Sensex has increased by 0.75% over the last week and 1.29% over the last month. Year-to-date, the stock has remained unchanged while the Sensex has declined by 8.30%.<BR><BR>Despite the lack of price movement, there are some positive indicators. The stock has experienced a significant increase in delivery volume, rising by 256.24% against the 5-day average, suggesting a growing interest from investors. Additionally, the stock's current price is higher than its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. This indicates that while the stock is not rising in price, there is some investor participation that could suggest potential for future movement.<BR><BR>Overall, the stock's price is stable at 2.60, reflecting a lack of significant upward or downward pressure, while the broader market context shows it lagging behind the benchmark indices.

How big is Jindal Cotex Ltd?

As of 10th June, Jindal Cotex Ltd has a market capitalization of 12.00 Cr and reported Net Sales of 5.38 Cr with a Net Profit loss of 0.49 Cr over the latest four quarters. Shareholder's Funds are valued at 185.59 Cr, and Total Assets amount to 236.59 Cr as of March 2023.

As of 10th June, 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 5.38 Cr. However, the company experienced a loss of 0.49 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 are valued at 185.59 Cr, while Total Assets amount to 236.59 Cr.

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!

Who are the peers of the Jindal Cotex Ltd?

Jindal Cotex Ltd's peers include Globale Tessile, Prag Bosimi Syn., Rajas. Petro Syn, and others, with varying management and growth risks. Rajas. Petro Syn leads in 1-year returns at 87.24%, while Jindal Cotex Ltd has a return of 0.00%.

Peers: The peers of Jindal Cotex Ltd are Globale Tessile, Prag Bosimi Syn., Rajas. Petro Syn, Garware Marine, Kizi Apparels, Shree Mfg. Co., Kush Industries, Samtex Fashion, Jiwanram Sheo, and Suumaya Indust.<BR><BR>Quality Snapshot: Below Average management risk is observed at Globale Tessile, Garware Marine, Jindal Cotex Ltd, Jiwanram Sheo, and the rest. Average management risk is found at Kizi Apparels and Suumaya Indust. No peers qualify for management risk ratings in the cases of Prag Bosimi Syn., Rajas. Petro Syn, Shree Mfg. Co., Kush Industries, and Samtex Fashion. Below Average growth is noted at Globale Tessile, Garware Marine, Jindal Cotex Ltd, Jiwanram Sheo, and the rest, while Average growth is seen at Kizi Apparels and Suumaya Indust. No peers qualify for growth ratings in the cases of Prag Bosimi Syn., Rajas. Petro Syn, Shree Mfg. Co., Kush Industries, and Samtex Fashion. Below Average capital structure is noted at Globale Tessile, Jindal Cotex Ltd, Kizi Apparels, Jiwanram Sheo, and the rest, while Good capital structure is observed at Garware Marine, and Excellent at Suumaya Indust. No peers qualify for capital structure ratings in the cases of Prag Bosimi Syn., Rajas. Petro Syn, Shree Mfg. Co., Kush Industries, and Samtex Fashion.<BR><BR>Return Snapshot: Rajas. Petro Syn has the highest 1-year return at 87.24%, while Samtex Fashion has the lowest at -48.01%. Jindal Cotex Ltd's 1-year return is 0.00%, which is significantly lower than Rajas. Petro Syn's return and higher than Samtex Fashion's return. Additionally, Garware Marine, Kizi Apparels, Shree Mfg. Co., Kush Industries, and Samtex Fashion all have negative six-month returns.

What does Jindal Cotex Ltd do?

Jindal Cotex Ltd manufactures acrylic and polyester yarns in the Garments & Apparels industry, operating as a micro-cap company. As of December 2024, it reported net sales of 5 Cr and a market cap of INR 12 Cr.

Overview:<BR>Jindal Cotex Ltd is engaged in the manufacturing of acrylic and polyester yarns within the Garments & Apparels industry and operates in the micro-cap market segment.<BR><BR>History:<BR>Incorporated in 1998, Jindal Cotex Ltd initially set up 6912 spindles for acrylic yarn production and later expanded its capacity to 23472 spindles, venturing into polyester yarns. The most recent quarterly results reported net sales and net profit for December 2024.<BR><BR>Financial Snapshot:<BR>- Net Sales: 5 Cr (Quarterly Results - Dec 2024)<BR>- Net Profit: 0 Cr (Quarterly Results - Dec 2024)<BR>- Market-cap: INR 12 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<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>Tel: 91-161-2511840<BR>Email: cs@jindalcotex.com<BR>Website: http://www.jindalcotex.com

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.