Siddhi Cotspin

Why is Siddhi Cotspin Ltd falling/rising?

As of 18-Jul, Siddhi Cotspin Ltd's stock price is stable at 29.20, with recent positive trends including outperformance against the Sensex and increased investor participation indicated by a significant rise in delivery volume. The stock's position above shorter-term moving averages suggests potential for positive momentum ahead.

As of 18-Jul, Siddhi Cotspin Ltd's stock price is currently stable at 29.20, showing no change (0.00%). Despite this stability, the stock has demonstrated some positive trends recently. Over the past week, it has outperformed the benchmark Sensex, with a return of +0.69% compared to the Sensex's +0.53%. Additionally, the stock has also outperformed the sector by 0.31% today.<BR><BR>Investor participation appears to be increasing, as evidenced by a significant rise in delivery volume, which reached 32.4k on 16 July, marking a 575% increase against the 5-day average. This surge in delivery volume indicates heightened interest among investors, which can be a positive sign for the stock's future performance.<BR><BR>In terms of moving averages, the stock is currently above its 5-day, 20-day, and 50-day moving averages, suggesting a short-term upward trend. However, it remains below its 100-day and 200-day moving averages, which may indicate some resistance at those levels.<BR><BR>Overall, while the stock price has not changed today, the combination of outperforming the sector, increased investor participation, and favorable short-term moving averages suggests a potential for positive momentum in the near future.

Which are the latest news on Siddhi Cotspin?

What does Siddhi Cotspin do?

Siddhi Cotspin Ltd manufactures and sells cotton yarns in the garments industry and is categorized as a micro-cap company with a market cap of INR 66 Cr. It was incorporated in 2015 and converted to a public company in 2024, with no recent sales or profit data reported.

Overview:<BR>Siddhi Cotspin Ltd is primarily engaged in the manufacturing and selling of Cotton Yarns within the Garments & Apparels industry, categorized as a Micro Cap company.<BR><BR>History:<BR>Siddhi Cotspin Ltd was incorporated on November 23, 2015, as "Siddhi Cotspin Private Limited" and was converted into a Public Limited company on February 12, 2024. There is no sales and profit data reported for the latest quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 66 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 7.00<BR>Industry P/E: 23<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -0.34<BR>Return on Equity: 7.30%<BR>Price-to-Book: 0.50<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the Siddhi Cotspin?

Siddhi Cotspin's peers include Sky Industries, E-Land Apparel, Garment Mantra, and others, with varying management risks and growth rates. Most peers, including Siddhi Cotspin, have reported negative returns over the past six months.

Peers: The peers of Siddhi Cotspin are Sky Industries, E-Land Apparel, Garment Mantra, Shine Fashions, Riba Textiles, Dhanalaxmi Roto, Sh. Rajas. Synt., Ashnoor Textile, Betex India, Tuni Text. Mills.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shine Fashions and Dhanalaxmi Roto, while Average management risk is found at Sky Industries, Garment Mantra, Ashnoor Textile, and Tuni Text. Mills, and the rest have Below Average management risk. Growth is Excellent at Shine Fashions, while Average growth is seen at Tuni Text. Mills and Average growth is found at Sky Industries, Garment Mantra, and Ashnoor Textile, and the rest have Below Average growth. For Capital Structure, Excellent is noted at Dhanalaxmi Roto, Good at Shine Fashions and Betex India, Average at Sky Industries, Ashnoor Textile, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: All peers, including Siddhi Cotspin, have a 1-year return of N/A, indicating no available data. In the six-month return, Siddhi Cotspin has a negative return of -13.34%, and the same is true for Garment Mantra, Riba Textiles, Dhanalaxmi Roto, Sh. Rajas. Synt., Ashnoor Textile, Betex India, and Tuni Text. Mills.