Ashnoor Textile Mills Ltd

Ashnoor Textile Mills Ltd (507872)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-15.14 %
3 Month Return-6.99 %
1 Year Return128.33 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 113
Rank 114
Rank 140
Dividend Yield
Rank 42
Rank 42
Price To Book Ratio
Rank 94
Debt To Asset
Rank 140

Company Information

Incorporated in Jan.84 Gupta Carpets Udyog now Ashnoor Textile Mills Ltd was promoted by Vidya Sagar Gupta. The company has production facilities at Amritsar Agra Mirzapur Jaipur Panipat and Srinagar.The company went public in 1986 and issued equity capital worth Rs 88 lac. It was followed by a rights issue in 1989 in the ratio of 1:2 at a premium of Rs 4 per share. In Mar.92 the company came out with another rights issue. All these issues were made to expand its activities.Again in Jul.93 the company came out with a rights issue of 35.85 lac equity shares at a premium of Rs 35 aggregating Rs 16.13 cr to set up a new industrial unit 100 EOU to manufacture terry towels towelling materials madeups bath robes jerseys etc.Ashnoor diversified into cotton spinning and weaving of fabrics and bathroom mats exclusively for exports by installing a composite plant with a spinning capacity of 1800 tpa of fabric weaving with a capacity of 15 lac sq mtr pa in Punjab a major cottongrowing area.
OrganisationAshnoor Textile Mills Ltd