Lagnam Spintex

Market Cap: Micro Cap
Industry: Garments & Apparels
ISIN: INE548Z01017
NSEID: LAGNAM
BSEID:

INR

68.84

-1.17 (-1.67%)

BSENSE

Dec 24

BSE+NSE Vol: 4059

{
  "main_header": {
    "sid": 1003048,
    "name": "Lagnam Spintex",
    "stock_name": "Lagnam Spintex",
    "full_name": "Lagnam Spintex Ltd",
    "name_url": "stocks-analysis/lagnam-spintex",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "68.84",
    "chg": -1.17,
    "chgp": "-1.67%",
    "dir": -1,
    "prev_price": "70.01",
    "mcapval": "123.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": "",
    "symbol": "LAGNAM",
    "ind_name": "Garments & Apparels",
    "ind_code": 32,
    "indexname": "",
    "isin": "INE548Z01017",
    "curr_date": "Dec 24",
    "curr_time": "",
    "bse_nse_vol": 4059,
    "exc_status": "Active",
    "traded_date": "Dec 24, 2025",
    "traded_date_str": "2025 12 24",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/lagnam-spintex-1003048-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
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  },
  "news": {
    "results": [
      {
        "title": "Why is Lagnam Spintex falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-lagnam-spintex-fallingrising-3749646",
        "imagepath": "",
        "date": "2025-12-06 01:38:08",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Performance and Market Context</strong></p>\n<p>The stock’s recent trajectory has been notably weak, with a one-week loss of 12.78% and a one-month decline of 14.54%, starkly contrasting with the Sensex’s modest gains of 0.06% and 2.30% respectively over the same periods. Year-to-date, Lagnam Spintex has plummeted by 48.42%, while the Sensex has advanced by 10.75%. Over the past year, the stock has delivered a negative return of 45.54%, significantly underperforming the benchmark’s 5.98% rise. Even over a three-year horizon, the company’s 8.62% gain pales in comparison to the Sensex’s robust 40.03% growth. These figures underscore a sustained period of underperformance and investor disenchantment.</p>\n<p><strong>Technical Indicators and Trading Activity</strong></p>\n<p>On the tec..."
      },
      {
        "title": "Lagnam Spintex Sees Revision in Market Evaluation Amid Declining Financial and Technical Indicators",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/lagnam-spintex-downgraded-to-strong-sell-amid-deteriorating-fundamentals-3748262",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/LagnamSpintex_mojoScore_3748262.png",
        "date": "2025-12-05 10:10:27",
        "description": "Lagnam Spintex, a microcap player in the Garments & Apparels sector, has experienced a revision in its market evaluation reflecting shifts across key analytical parameters. The recent assessment highlights challenges in financial trends and technical outlook, alongside valuation and quality considerations, contributing to a more cautious market stance."
      },
      {
        "title": "Lagnam Spintex Hits Upper Circuit with 20% Surge Amid Strong Buying Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/lagnam-spintex-hits-upper-circuit-with-20-surge-amid-strong-buying-pressure-3718236",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/LagnamSpintex_stocks_hitting_upper_circuit_3718236.png",
        "date": "2025-11-20 14:00:11",
        "description": "Lagnam Spintex Ltd witnessed a significant market event on 20 Nov 2025 as its stock price surged to hit the upper circuit limit of 20%, closing at ₹80.83. This sharp movement was accompanied by robust buying interest, resulting in a maximum permissible daily gain and a regulatory freeze on further trading, highlighting intense demand and market attention within the Garments & Apparels sector."
      },
      {
        "title": "Lagnam Spintex Surges with Unprecedented Buying Interest, Hits Upper Circuit",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/lagnam-spintex-hits-upper-circuit-amidst-unprecedented-buying-interest-3718191",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/LagnamSpintex_only_buyers_3718191.png",
        "date": "2025-11-20 13:46:10",
        "description": "Lagnam Spintex Ltd has witnessed extraordinary buying momentum today, with the stock hitting its upper circuit and registering only buy orders in the queue. This rare market phenomenon highlights intense demand and the absence of sellers, signalling a potential multi-day circuit scenario for the garment and apparels company."
      },
      {
        "title": "Why is Lagnam Spintex falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-lagnam-spintex-fallingrising-3716495",
        "imagepath": "",
        "date": "2025-11-19 23:42:25",
        "description": "As of 19-Nov, Lagnam Spintex Ltd is experiencing a decline in its stock price, currently at Rs. 67.36, which represents a decrease of Rs. 1.25 or 1.82%. The stock has hit a new 52-week low today and has underperformed its sector by 1.47%. Over the past week, the stock has seen a significant drop of 11.37%, and its year-to-date return stands at a staggering -48.37%. The company's financial health is concerning, as it has reported a decline in profits by 4.6% over the past year, alongside a high debt-to-equity ratio of 2.62, indicating weak long-term fundamental strength. Additionally, 48.16% of promoter shares are pledged, which adds downward pressure in a falling market.\n\nIn the broader market context, while Lagnam Spintex has struggled, the Sensex has shown a slight increase of 0.68% over the past week. This stark contrast highlights the stock's poor performance relative to the benchmark. The company's ope..."
      },
      {
        "title": "Why is Lagnam Spintex falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-lagnam-spintex-fallingrising-3699142",
        "imagepath": "",
        "date": "2025-11-13 23:24:40",
        "description": "As of 13-Nov, Lagnam Spintex Ltd is experiencing a decline in its stock price, currently at Rs. 73.19, which reflects a decrease of Rs. 2.81 or 3.7%. The stock has hit a new 52-week low of Rs. 69.99 today and has underperformed its sector by 4.26%. Over the past week, the stock has seen a return of -6.20%, and for the past month, it has declined by 11.98%. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Despite a recent increase in delivery volume, the company faces significant challenges, including a high debt-to-equity ratio of 2.62 and a substantial portion of promoter shares (48.16%) being pledged, which adds downward pressure on the stock price.\n\nIn the broader market context, Lagnam Spintex's performance has been notably poor compared to the benchmark, with the Sensex gaining 1.45% over the past week and 2.58% over the past month. Th..."
      },
      {
        "title": "How has been the historical performance of Lagnam Spintex?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-lagnam-spintex-3694857",
        "imagepath": "",
        "date": "2025-11-12 23:57:53",
        "description": "Answer:\nThe historical performance of Lagnam Spintex shows significant growth in net sales and overall financial metrics over the years.\n\nBreakdown:\nLagnam Spintex has experienced a steady increase in net sales, rising from 176.44 crore in March 2020 to 605.56 crore in March 2025. Total operating income followed a similar trend, reaching 605.56 crore in March 2025, compared to 80.79 crore in March 2019. The company's total expenditure also increased, amounting to 540.26 crore in March 2025, up from 69.03 crore in March 2019. Operating profit (PBDIT) has shown fluctuations, peaking at 65.67 crore in March 2025, while profit before tax reached 17.90 crore in the same period, down from 40.54 crore in March 2022. Profit after tax was 12.85 crore in March 2025, reflecting a PAT margin of 2.12%. The company's total assets grew to 570.24 crore in March 2025, with total liabilities at 388.49 crore. Cash flow from o..."
      },
      {
        "title": "How has been the historical performance of Lagnam Spintex?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-lagnam-spintex-3694229",
        "imagepath": "",
        "date": "2025-11-12 23:31:02",
        "description": "Answer:\nThe historical performance of Lagnam Spintex shows significant growth in net sales and operating income over the years, with net sales reaching 605.56 Cr in Mar'25, up from 437.50 Cr in Mar'24 and 304.66 Cr in Mar'23. The total operating income also increased to 605.56 Cr in Mar'25 from 437.50 Cr in Mar'24. However, the company faced rising raw material costs, which climbed to 440.93 Cr in Mar'25 from 330.36 Cr in Mar'24. Despite these costs, the operating profit (PBDIT) increased to 65.67 Cr in Mar'25, compared to 45.37 Cr in Mar'24. Profit before tax saw a decline to 17.90 Cr in Mar'25 from 20.82 Cr in Mar'24, leading to a profit after tax of 12.85 Cr in Mar'25, down from 14.57 Cr in Mar'24. The earnings per share (EPS) decreased to 7.27 in Mar'25 from 8.25 in Mar'24. On the balance sheet, total assets rose to 570.24 Cr in Mar'25 from 533.49 Cr in Mar'24, while total liabilities also increased to ..."
      },
      {
        "title": "Are Lagnam Spintex latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-lagnam-spintex-latest-results-good-or-bad-3690556",
        "imagepath": "",
        "date": "2025-11-11 19:41:07",
        "description": "Lagnam Spintex's latest financial results for the quarter ending September 2025 indicate significant operational challenges. The company reported net sales of ₹132.43 crores, reflecting a sequential decline of 5.47% from ₹140.10 crores in the previous quarter. This marks the lowest quarterly revenue in the past year and represents the second consecutive quarter of revenue contraction, following a 13.98% drop in the prior quarter.\n\nThe net profit for the same period was ₹0.38 crores, which represents a substantial decline of 80.71% compared to ₹1.97 crores in the previous quarter. This decline highlights the pressure on the company's bottom line, with the profit after tax (PAT) margin shrinking to just 0.29% from 1.41% in the previous quarter, indicating a weak profitability profile.\n\nOperating margins also faced significant pressure, contracting to 8.97% from 10.74% in the prior quarter, reflecting a declin..."
      }
    ],
    "total": 85,
    "sid": "1003048",
    "stock_news_url": "https://www.marketsmojo.com/news/lagnam-spintex-1003048"
  },
  "announcements": [
    {
      "details": "Lagnam Spintex Limited has informed the Exchange regarding Board meeting held on November 12, 2019.",
      "source": "NSE",
      "caption": "Lagnam Spintex Limited - Outcome of Board Meeting",
      "datetime": "13-Nov-2019"
    },
    {
      "details": "Lagnam Spintex Limited has informed the Exchange regarding Board meeting held on October 15, 2019.",
      "source": "NSE",
      "caption": "Lagnam Spintex Limited - Outcome of Board Meeting",
      "datetime": "16-Oct-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Lagnam Spintex Ltd has declared <strong>5%</strong> dividend, ex-date: 09 Jul 24",
          "dt": "2024-07-09",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Why is Lagnam Spintex falling/rising?

2025-12-06 01:38:08

Recent Price Performance and Market Context

The stock’s recent trajectory has been notably weak, with a one-week loss of 12.78% and a one-month decline of 14.54%, starkly contrasting with the Sensex’s modest gains of 0.06% and 2.30% respectively over the same periods. Year-to-date, Lagnam Spintex has plummeted by 48.42%, while the Sensex has advanced by 10.75%. Over the past year, the stock has delivered a negative return of 45.54%, significantly underperforming the benchmark’s 5.98% rise. Even over a three-year horizon, the company’s 8.62% gain pales in comparison to the Sensex’s robust 40.03% growth. These figures underscore a sustained period of underperformance and investor disenchantment.

Technical Indicators and Trading Activity

On the tec...

Lagnam Spintex Sees Revision in Market Evaluation Amid Declining Financial and Technical Indicators

2025-12-05 10:10:27

Lagnam Spintex, a microcap player in the Garments & Apparels sector, has experienced a revision in its market evaluation reflecting shifts across key analytical parameters. The recent assessment highlights challenges in financial trends and technical outlook, alongside valuation and quality considerations, contributing to a more cautious market stance.

Lagnam Spintex Hits Upper Circuit with 20% Surge Amid Strong Buying Pressure

2025-11-20 14:00:11

Lagnam Spintex Ltd witnessed a significant market event on 20 Nov 2025 as its stock price surged to hit the upper circuit limit of 20%, closing at ₹80.83. This sharp movement was accompanied by robust buying interest, resulting in a maximum permissible daily gain and a regulatory freeze on further trading, highlighting intense demand and market attention within the Garments & Apparels sector.

Lagnam Spintex Surges with Unprecedented Buying Interest, Hits Upper Circuit

2025-11-20 13:46:10

Lagnam Spintex Ltd has witnessed extraordinary buying momentum today, with the stock hitting its upper circuit and registering only buy orders in the queue. This rare market phenomenon highlights intense demand and the absence of sellers, signalling a potential multi-day circuit scenario for the garment and apparels company.

Why is Lagnam Spintex falling/rising?

2025-11-19 23:42:25

As of 19-Nov, Lagnam Spintex Ltd is experiencing a decline in its stock price, currently at Rs. 67.36, which represents a decrease of Rs. 1.25 or 1.82%. The stock has hit a new 52-week low today and has underperformed its sector by 1.47%. Over the past week, the stock has seen a significant drop of 11.37%, and its year-to-date return stands at a staggering -48.37%. The company's financial health is concerning, as it has reported a decline in profits by 4.6% over the past year, alongside a high debt-to-equity ratio of 2.62, indicating weak long-term fundamental strength. Additionally, 48.16% of promoter shares are pledged, which adds downward pressure in a falling market. In the broader market context, while Lagnam Spintex has struggled, the Sensex has shown a slight increase of 0.68% over the past week. This stark contrast highlights the stock's poor performance relative to the benchmark. The company's ope...

Why is Lagnam Spintex falling/rising?

2025-11-13 23:24:40

As of 13-Nov, Lagnam Spintex Ltd is experiencing a decline in its stock price, currently at Rs. 73.19, which reflects a decrease of Rs. 2.81 or 3.7%. The stock has hit a new 52-week low of Rs. 69.99 today and has underperformed its sector by 4.26%. Over the past week, the stock has seen a return of -6.20%, and for the past month, it has declined by 11.98%. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Despite a recent increase in delivery volume, the company faces significant challenges, including a high debt-to-equity ratio of 2.62 and a substantial portion of promoter shares (48.16%) being pledged, which adds downward pressure on the stock price. In the broader market context, Lagnam Spintex's performance has been notably poor compared to the benchmark, with the Sensex gaining 1.45% over the past week and 2.58% over the past month. Th...

How has been the historical performance of Lagnam Spintex?

2025-11-12 23:57:53

Answer: The historical performance of Lagnam Spintex shows significant growth in net sales and overall financial metrics over the years. Breakdown: Lagnam Spintex has experienced a steady increase in net sales, rising from 176.44 crore in March 2020 to 605.56 crore in March 2025. Total operating income followed a similar trend, reaching 605.56 crore in March 2025, compared to 80.79 crore in March 2019. The company's total expenditure also increased, amounting to 540.26 crore in March 2025, up from 69.03 crore in March 2019. Operating profit (PBDIT) has shown fluctuations, peaking at 65.67 crore in March 2025, while profit before tax reached 17.90 crore in the same period, down from 40.54 crore in March 2022. Profit after tax was 12.85 crore in March 2025, reflecting a PAT margin of 2.12%. The company's total assets grew to 570.24 crore in March 2025, with total liabilities at 388.49 crore. Cash flow from o...

How has been the historical performance of Lagnam Spintex?

2025-11-12 23:31:02

Answer: The historical performance of Lagnam Spintex shows significant growth in net sales and operating income over the years, with net sales reaching 605.56 Cr in Mar'25, up from 437.50 Cr in Mar'24 and 304.66 Cr in Mar'23. The total operating income also increased to 605.56 Cr in Mar'25 from 437.50 Cr in Mar'24. However, the company faced rising raw material costs, which climbed to 440.93 Cr in Mar'25 from 330.36 Cr in Mar'24. Despite these costs, the operating profit (PBDIT) increased to 65.67 Cr in Mar'25, compared to 45.37 Cr in Mar'24. Profit before tax saw a decline to 17.90 Cr in Mar'25 from 20.82 Cr in Mar'24, leading to a profit after tax of 12.85 Cr in Mar'25, down from 14.57 Cr in Mar'24. The earnings per share (EPS) decreased to 7.27 in Mar'25 from 8.25 in Mar'24. On the balance sheet, total assets rose to 570.24 Cr in Mar'25 from 533.49 Cr in Mar'24, while total liabilities also increased to ...

Are Lagnam Spintex latest results good or bad?

2025-11-11 19:41:07

Lagnam Spintex's latest financial results for the quarter ending September 2025 indicate significant operational challenges. The company reported net sales of ₹132.43 crores, reflecting a sequential decline of 5.47% from ₹140.10 crores in the previous quarter. This marks the lowest quarterly revenue in the past year and represents the second consecutive quarter of revenue contraction, following a 13.98% drop in the prior quarter. The net profit for the same period was ₹0.38 crores, which represents a substantial decline of 80.71% compared to ₹1.97 crores in the previous quarter. This decline highlights the pressure on the company's bottom line, with the profit after tax (PAT) margin shrinking to just 0.29% from 1.41% in the previous quarter, indicating a weak profitability profile. Operating margins also faced significant pressure, contracting to 8.97% from 10.74% in the prior quarter, reflecting a declin...

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