Ginni Filaments Ltd share price logo

Ginni Filaments Ltd (GINNIFILA)

₹32.192.52%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.
Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹31.21
    ₹32.95
  • 52 Week's Low

    52 Week's High

    ₹24.4
    ₹45.2
1 Month Return+ 0.03 %
3 Month Return-12.04 %
1 Year Return+ 12.75 %
Previous Close₹31.40
Open₹31.90
Volume2.39L
Upper Circuit-
Lower Circuit-
Market Cap₹268.94Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹268.94 Cr
P/B Ratio0.53
EPS0

Company Information

Ginni Filaments Ltd is one of the leading manufacturers of cotton yarn, processed knit fabrics, and knit garment products in India. The company’s integrated manufacturing units are based in Chhata Noida and Haridwar. Ginni Filaments’ many products include cotton yarn, non-woven fabrics, knitted fabrics, and knitted garments. Other consumer products include anti-bacterial/wipes, medical disposables, wound care items, home-care/industrial wipers, and private-label items. Ginni Filaments was first established in 1982 with 26,208 spindles for the manufacture of cotton yarns. Since then, the company has expanded its manufacturing capacity to 54,432 spindles; built dyeing and processing plants in Chhata and Panoli; and added new capabilities such as non-woven fabric manufacturing, garments units, and more. Recently, Ginni Filaments completed several debottlenecking modernizations in its spinning units and installed a grid connection at its Export Oriented Unit. This was followed by an expansion of its consumer products division and the amalgamation of four different companies in 2010. Today, Ginni Filaments continues to be a leading player in India’s textile, cotton yarn, non-woven fabric, and garment industry.

Share Price: ₹32.19 per share as on 25 Jul, 2024 04:01 PM
Market Capitalisation: ₹268.94Cr as of today
Listing date: 15 Feb, 1995
Chairperson Name: Shishir Jaipuria
OrganisationGinni Filaments Ltd
HeadquartersNoida
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Ginni Filaments Ltd

  • Ginni Filaments Ltd's Share Price Drops 30% Despite Industry Growth - 06 Jun, 2024

    Despite a gain of 10% over the past year, Ginni Filaments Ltd's share price has dropped by 30% in the last month. The company's recent financial performance has been poor, with a significant decrease in revenue over the last year and three years. This is concerning given that the rest of the industry is expected to grow by 12% over the next year.

  • Ginni Filaments Ltd carries significant debt with low interest cover - 23 May, 2024

    Ginni Filaments Ltd has liabilities of ₹1.21b due within a year and ₹382.9m falling due after that, while its cash and short-term receivables total only ₹215.5m and ₹599.2m respectively. Its interest cover is very low at 0.66 due to high depreciation and amortisation. However, the company improved its EBIT from last year's loss to a positive ₹82m.

Insights on Ginni Filaments Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, GINNIFILA stock has moved up by 3.7%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 30.17% to 30.20% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 393.4% return, outperforming this stock by 412.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 69.72% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Swan Energy Ltd has given 206.3% return, outperforming this stock by 193.6%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.10% to 0.07% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹654.74Cr
↓16.61%
Total Liabilities
₹375.85Cr
↓23.68%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹118.66Cr
↓10,329.31%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
69.72%
0.00
Foreign Institutions
0.07%
-26.47
Mutual Funds
0%
0.00
Retail Investors
30.2%
0.09
Others
0%
0.00

Key Indicators

Earnings and Dividends

  • Ginni Filaments Ltd Earnings Results

    Ginni Filaments Ltd’s net profit fell -866.16% since last year same period to ₹-50.82Cr in the Q4 2023-2024. On a quarterly growth basis, Ginni Filaments Ltd has generated -263.78% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Ginni Filaments Ltd Dividends March,2007

    In the quarter ending December 2006, Ginni Filaments Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.59%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Ginni Filaments Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Ginni Filaments Ltd shares.

Ginni Filaments Ltd (GINNIFILA) share price today is ₹32.19

Ginni Filaments Ltd is listed on NSE

Ginni Filaments Ltd is listed on BSE

  • Today’s highest price of Ginni Filaments Ltd is ₹32.95.
  • Today’s lowest price of Ginni Filaments Ltd is ₹31.21.

Today’s traded volume of Ginni Filaments Ltd(GINNIFILA) is 2.39L.

Today’s market capitalisation of Ginni Filaments Ltd(GINNIFILA) is ₹268.94Cr.

Ginni Filaments Ltd(GINNIFILAPrice
52 Week High
₹45.2
52 Week Low
₹24.4

Ginni Filaments Ltd(GINNIFILA) share price is ₹32.19. It is down -28.78% from its 52 Week High price of ₹45.2

Ginni Filaments Ltd(GINNIFILA) share price is ₹32.19. It is up 31.93% from its 52 Week Low price of ₹24.4

Ginni Filaments Ltd(GINNIFILAReturns
1 Day Returns
0.79%
1 Month Returns
0.03%
3 Month Returns
-12.04%
1 Year Returns
12.75%