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Lagnam Spintex Ltd (LAGNAM)

₹146.470.98%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹141.1
    ₹148.5
  • 52 Week's Low

    52 Week's High

    ₹59.4
    ₹163.25
1 Month Return+ 1.29 %
3 Month Return+ 3.59 %
1 Year Return+ 122.26 %
Previous Close₹147.92
Open₹147.00
Volume9,454.00
Upper Circuit-
Lower Circuit-
Market Cap₹261.36Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹261.36 Cr
P/B Ratio1.87
EPS0

Company Information

Lagnam Spintex Limited was incorporated in 2010 and converted into a public limited company in 2018. With Anand Mangal and Dwarka Prasad Mangal as promoters, the company is ISO 9001:2015 certified for the manufacture and export of high-quality open-end cotton yarn ranging from Ne 4-Ne20. The company has also been recognized as a One Star Export Houseby the Director General of Foreign Trade and certified by OEKO Tex and USTER Technologies AG for quality assurance. It focuses on time-efficient delivery with competitive pricing while maintaining strong customer relations.

Share Price: ₹146.47 per share as on 19 Jul, 2024 04:01 PM
Market Capitalisation: ₹261.36Cr as of today
Listing date: 18 Sep, 2018
Chairperson Name: D P Mangal
OrganisationLagnam Spintex Ltd
Headquarters
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Lagnam Spintex Ltd

  • Lagnam Spintex's Earnings Report Fails to Impress Market - 01 Jul, 2024

    Despite a robust earnings report, Lagnam Spintex's stock did not move. The company's accrual ratio of 0.51 for the year to March 2024 suggests poor future profitability. Additionally, the company had negative free cash flow of ₹1.8b despite a profit of ₹145.7m, indicating lower underlying earnings power than its statutory profit.

Insights on Lagnam Spintex 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 6 months, LAGNAM stock has moved up by 57.1%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.00% to 0.04% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 389.1% return, outperforming this stock by 74.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 68.50% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Swan Energy Ltd has given 203.3% return, outperforming this stock by 81.0%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 31.50% to 31.46% in Mar 2024 quarter

Company Financials

Value in ₹ crore
2024Y/Y Change
Total Assets
₹540.38Cr
↑73.45%
Total Liabilities
₹431.43Cr
↑98.59%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹21.81Cr
↑69.33%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
68.5%
0.00
Foreign Institutions
0.04%
0.00
Mutual Funds
0%
0.00
Retail Investors
31.46%
0.00
Others
0%
0.00

Key Indicators

Earnings and Dividends

  • Lagnam Spintex Ltd Earnings Results

    Lagnam Spintex Ltd’s net profit jumped 380.26% since last year same period to ₹7.30Cr in the Q4 2023-2024. On a quarterly growth basis, Lagnam Spintex Ltd has generated 58.01% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Lagnam Spintex Ltd Dividends April,2024

    In the quarter ending March 2024, Lagnam Spintex Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.34%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Lagnam Spintex Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Lagnam Spintex Ltd (LAGNAM) share price today is ₹146.47

Lagnam Spintex Ltd is listed on NSE

Lagnam Spintex Ltd is not listed on BSE

  • Today’s highest price of Lagnam Spintex Ltd is ₹148.5.
  • Today’s lowest price of Lagnam Spintex Ltd is ₹141.1.

Today’s traded volume of Lagnam Spintex Ltd(LAGNAM) is 9,454.00.

Today’s market capitalisation of Lagnam Spintex Ltd(LAGNAM) is ₹261.36Cr.

Lagnam Spintex Ltd(LAGNAMPrice
52 Week High
₹163.25
52 Week Low
₹59.4

Lagnam Spintex Ltd(LAGNAM) share price is ₹146.47. It is down -10.28% from its 52 Week High price of ₹163.25

Lagnam Spintex Ltd(LAGNAM) share price is ₹146.47. It is up 146.58% from its 52 Week Low price of ₹59.4

Lagnam Spintex Ltd(LAGNAMReturns
1 Day Returns
-1.45%
1 Month Returns
1.29%
3 Month Returns
3.59%
1 Year Returns
122.26%