Sambandam Spinning Mills Ltd (SAMBANDAM) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{ "main_header": { "sid": 875771, "name": "Sambandam Spg.", "stock_name": "Sambandam Spg.", "full_name": "Sambandam Spinning Mills Ltd", "name_url": "stocks-analysis/sambandam-spg", "exchange": 0, "exchangecode": "", "primexch": 1, "country_id": 34, "currency": "INR", "cmp": "94.00", "chg": -5, "chgp": "-5.05%", "dir": -1, "prev_price": "99.00", "mcapval": "42.00 Cr", "mcap": "Micro Cap", "scripcode": 521240, "symbol": "SAMBANDAM", "ind_name": "Garments & Apparels", "ind_code": 32, "indexname": "", "isin": "INE304D01012", "curr_date": "Mar 05", "curr_time": "", "bse_nse_vol": "762 ", "exc_status": "Active", "traded_date": "Mar 05, 2026", "traded_date_str": "2026 03 05", "score": "", "scoreText": "", "Live": 0, "market_time": 0, "is_blur": 1, "is_blur_class": "blur-registerF-score-header", "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/sambandam-spg-875771-0&utm_source=Spage_Header_Score", "mojoone": { "ismore": 0 } }, "news": { "results": [ { "title": "Sambandam Spinning Mills Ltd Falls to 52-Week Low of Rs.93 Amid Continued Downtrend", "link": "https://www.marketsmojo.com/news/stocks-in-action/sambandam-spinning-mills-ltd-falls-to-52-week-low-of-rs93-amid-continued-downtrend-3873805", "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/SambandamSpinni_priceRelatedfactors_3873805.png", "date": "2026-03-05 14:41:25", "description": "Sambandam Spinning Mills Ltd, a player in the Garments & Apparels sector, has touched a new 52-week low of Rs.93 today, marking a significant decline amid a sustained downward trend. The stock has underperformed its sector and benchmark indices, reflecting ongoing pressures on its financial and market performance." }, { "title": "Sambandam Spinning Mills Ltd Upgraded to Sell on Technical Improvement Despite Weak Fundamentals", "link": "https://www.marketsmojo.com/news/stock-recommendation/sambandam-spinning-mills-ltd-upgraded-to-sell-on-technical-improvement-despite-weak-fundamentals-3872859", "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/SambandamSpinni_mojoScore_3872859.png", "date": "2026-03-05 08:24:06", "description": "Sambandam Spinning Mills Ltd has seen its investment rating upgraded from Strong Sell to Sell as of 4 March 2026, reflecting a nuanced shift in its technical outlook despite persistent fundamental challenges. The company’s Mojo Score now stands at 31.0, signalling cautious investor sentiment amid flat financial performance and subdued long-term growth prospects in the Garments & Apparels sector." }, { "title": "Sambandam Spinning Mills Declines 2.34%: Key Factors Behind the Weekly Slide", "link": "https://www.marketsmojo.com/news/stocks-in-action/sambandam-spinning-mills-declines-234-key-factors-behind-the-weekly-slide-3862428", "imagepath": "", "date": "2026-02-28 14:03:36", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>23 Feb:</strong> Stock opened steady at Rs.100.35 with no change</p>\n <p><strong>24 Feb:</strong> Price rose 1.54% to Rs.101.90 despite Sensex decline</p>\n <p><strong>25 Feb:</strong> Sharp fall of 1.86% to Rs.100.00 as Sensex rebounded</p>\n <p><strong>26 Feb:</strong> New 52-week low hit at Rs.94; stock closed at Rs.96.40 (-3.60%)</p>\n <p><strong>27 Feb:</strong> Downgrade to Strong Sell; price recovered slightly to Rs.98.00 (+1.66%)</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">..." }, { "title": "Sambandam Spinning Mills Ltd Downgraded to Strong Sell Amid Weak Fundamentals and Bearish Technicals", "link": "https://www.marketsmojo.com/news/stock-recommendation/sambandam-spinning-mills-ltd-downgraded-to-strong-sell-amid-weak-fundamentals-and-bearish-technicals-3859613", "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/SambandamSpinni_mojoScore_3859613.png", "date": "2026-02-27 08:07:48", "description": "Sambandam Spinning Mills Ltd, a player in the Garments & Apparels sector, has seen its investment rating downgraded from Sell to Strong Sell as of 26 February 2026. This shift reflects deteriorating technical indicators, stagnant financial trends, weak quality metrics, and valuation concerns, signalling heightened risks for investors amid ongoing underperformance against market benchmarks." }, { "title": "Sambandam Spinning Mills Ltd Falls to 52-Week Low of Rs.94", "link": "https://www.marketsmojo.com/news/stocks-in-action/sambandam-spinning-mills-ltd-falls-to-52-week-low-of-rs94-3858368", "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/SambandamSpinni_priceRelatedfactors_3858368.png", "date": "2026-02-26 15:40:44", "description": "Sambandam Spinning Mills Ltd, a player in the Garments & Apparels sector, has fallen to a fresh 52-week low of Rs.94, marking a significant decline amid broader market fluctuations. The stock’s recent performance highlights ongoing concerns regarding its financial health and market positioning." }, { "title": "Sambandam Spinning Mills Falls 8.36%: Technical Swings Amid Weak Fundamentals", "link": "https://www.marketsmojo.com/news/stocks-in-action/sambandam-spinning-mills-falls-836-technical-swings-amid-weak-fundamentals-3849674", "imagepath": "", "date": "2026-02-21 14:04:17", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>16 Feb:</strong> Q3 FY26 results reveal deepening losses amid margin pressures</p>\n <p><strong>17 Feb:</strong> Downgrade to Strong Sell by MarketsMOJO due to weak fundamentals and bearish technicals</p>\n <p><strong>18 Feb:</strong> Upgrade to Sell following technical improvement despite ongoing fundamental weaknesses</p>\n <p><strong>20 Feb:</strong> Week closes at ₹100.35, down 8.36% for the week versus Sensex gain of 0.39%</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">₹109.50</div></div>\n ..." }, { "title": "Sambandam Spinning Mills Ltd Upgraded to Sell on Technical Improvement Despite Weak Fundamentals", "link": "https://www.marketsmojo.com/news/stock-recommendation/sambandam-spinning-mills-ltd-upgraded-to-sell-on-technical-improvement-despite-weak-fundamentals-3845220", "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/SambandamSpinni_mojoScore_3845220.png", "date": "2026-02-18 08:21:28", "description": "Sambandam Spinning Mills Ltd has seen its investment rating upgraded from Strong Sell to Sell, driven primarily by a shift in technical indicators despite persistent fundamental weaknesses. The company’s Mojo Score has improved to 31.0, reflecting a more favourable technical outlook, although its financial trends and quality metrics continue to weigh on investor sentiment." }, { "title": "Sambandam Spinning Mills Ltd Downgraded to Strong Sell Amid Weak Fundamentals and Bearish Technicals", "link": "https://www.marketsmojo.com/news/stock-recommendation/sambandam-spinning-mills-ltd-downgraded-to-strong-sell-amid-weak-fundamentals-and-bearish-technicals-3843844", "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/SambandamSpinni_mojoScore_3843844.png", "date": "2026-02-17 08:45:42", "description": "Sambandam Spinning Mills Ltd, a player in the Garments & Apparels sector, has seen its investment rating downgraded from Sell to Strong Sell as of 16 Feb 2026. This shift reflects deteriorating technical indicators, stagnant financial performance, and weak valuation metrics, signalling heightened risks for investors amid ongoing market challenges." }, { "title": "Sambandam Spinning Mills Q3 FY26: Losses Deepen Amid Persistent Margin Pressures", "link": "https://www.marketsmojo.com/news/result-analysis/sambandam-spinning-mills-q3-fy26-losses-deepen-amid-persistent-margin-pressures-3842838", "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/SambandamSpinni_quaterlyResult_3842838.png", "date": "2026-02-16 14:45:08", "description": "Sambandam Spinning Mills Ltd., a Salem-based textile manufacturer with a market capitalisation of ₹42.88 crores, reported a consolidated net loss of ₹2.16 crores for Q3 FY26 (October-December 2025), marking a sharp deterioration of 103.77% on a sequential basis and 47.45% year-on-year. The stock tumbled 8.17% to ₹100.55 following the results, reflecting investor concerns about the company's inability to return to profitability despite modest revenue growth." } ], "total": 123, "sid": "875771", "stock_news_url": "https://www.marketsmojo.com/news/sambandam-spinning-mills-875771" }, "announcements": [ { "caption": "Board Meeting Outcome for Q3 2025-26 Results", "datetime": "14-Feb-2026", "details": "Intimation of Q3 2025-26 Results - under Regulation 30 of SEBI LODR", "source": "BSE" }, { "caption": "Q3 2025-26 Unaudited Limited Review Financial Results", "datetime": "14-Feb-2026", "details": "Q3 2025-26 Unaudited Limited Review Financial Results", "source": "BSE" }, { "caption": "Announcement under Regulation 30 (LODR)-Credit Rating", "datetime": "07-Feb-2026", "details": "Addendum to the Previous Intimation to BSE on 05.02.2026 on Credit Rating obtained for Bank Loan & Fixed Deposits facilities vide Ack. No: 12064754 Reference to BSE mail dated 06.02.2026 asking for additional details w.r.t Reason for Downgrade.", "source": "BSE" } ], "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": "Sambandam Spinning Mills Ltd has declared <strong>50%</strong> dividend, ex-date: 15 Sep 22", "dt": "2022-09-15", "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": [] } ] }

Key Events This Week

23 Feb: Stock opened steady at Rs.100.35 with no change

24 Feb: Price rose 1.54% to Rs.101.90 despite Sensex decline

25 Feb: Sharp fall of 1.86% to Rs.100.00 as Sensex rebounded

26 Feb: New 52-week low hit at Rs.94; stock closed at Rs.96.40 (-3.60%)

27 Feb: Downgrade to Strong Sell; price recovered slightly to Rs.98.00 (+1.66%)

Week Open

...

Read full news article

Sambandam Spinning Mills Ltd Downgraded to Strong Sell Amid Weak Fundamentals and Bearish Technicals

2026-02-27 08:07:48

Sambandam Spinning Mills Ltd, a player in the Garments & Apparels sector, has seen its investment rating downgraded from Sell to Strong Sell as of 26 February 2026. This shift reflects deteriorating technical indicators, stagnant financial trends, weak quality metrics, and valuation concerns, signalling heightened risks for investors amid ongoing underperformance against market benchmarks.

Read full news article

Sambandam Spinning Mills Ltd Falls to 52-Week Low of Rs.94

2026-02-26 15:40:44

Sambandam Spinning Mills Ltd, a player in the Garments & Apparels sector, has fallen to a fresh 52-week low of Rs.94, marking a significant decline amid broader market fluctuations. The stock’s recent performance highlights ongoing concerns regarding its financial health and market positioning.

Read full news article

Sambandam Spinning Mills Falls 8.36%: Technical Swings Amid Weak Fundamentals

2026-02-21 14:04:17

Key Events This Week

16 Feb: Q3 FY26 results reveal deepening losses amid margin pressures

17 Feb: Downgrade to Strong Sell by MarketsMOJO due to weak fundamentals and bearish technicals

18 Feb: Upgrade to Sell following technical improvement despite ongoing fundamental weaknesses

20 Feb: Week closes at ₹100.35, down 8.36% for the week versus Sensex gain of 0.39%

Week Open

₹109.50

...

Read full news article

Sambandam Spinning Mills Ltd Upgraded to Sell on Technical Improvement Despite Weak Fundamentals

2026-02-18 08:21:28

Sambandam Spinning Mills Ltd has seen its investment rating upgraded from Strong Sell to Sell, driven primarily by a shift in technical indicators despite persistent fundamental weaknesses. The company’s Mojo Score has improved to 31.0, reflecting a more favourable technical outlook, although its financial trends and quality metrics continue to weigh on investor sentiment.

Read full news article

Sambandam Spinning Mills Ltd Downgraded to Strong Sell Amid Weak Fundamentals and Bearish Technicals

2026-02-17 08:45:42

Sambandam Spinning Mills Ltd, a player in the Garments & Apparels sector, has seen its investment rating downgraded from Sell to Strong Sell as of 16 Feb 2026. This shift reflects deteriorating technical indicators, stagnant financial performance, and weak valuation metrics, signalling heightened risks for investors amid ongoing market challenges.

Read full news article

Sambandam Spinning Mills Q3 FY26: Losses Deepen Amid Persistent Margin Pressures

2026-02-16 14:45:08

Sambandam Spinning Mills Ltd., a Salem-based textile manufacturer with a market capitalisation of ₹42.88 crores, reported a consolidated net loss of ₹2.16 crores for Q3 FY26 (October-December 2025), marking a sharp deterioration of 103.77% on a sequential basis and 47.45% year-on-year. The stock tumbled 8.17% to ₹100.55 following the results, reflecting investor concerns about the company's inability to return to profitability despite modest revenue growth.

Read full news article

View All News