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- LAXMICOT
LAXMICOT
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Share Price
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Forensics
- 5D
- 1M
- 6M
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This data is currently unavailable for this company.
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Summary
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Revenue Mix
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Revenue Mix
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Recent events
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News
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Corporate Actions
Laxmi Cotspin Says Rajesh Puranmal Bansal Resigns As Chairman
March 31 (Reuters) - Laxmi Cotspin Ltd LAXM.NS:
RAJESH PURANMAL BANSAL RESIGNS AS CHAIRMAN
Source text for Eikon: ID:nNSE1hk52R
Further company coverage: LAXM.NS
(([email protected];))
March 31 (Reuters) - Laxmi Cotspin Ltd LAXM.NS:
RAJESH PURANMAL BANSAL RESIGNS AS CHAIRMAN
Source text for Eikon: ID:nNSE1hk52R
Further company coverage: LAXM.NS
(([email protected];))
Events:
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Popular questions
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What does Laxmi Cotspin do?
Laxmi Cotspin is a cotton processing company with production facilities in Maharashtra. It manufactures premium quality cotton yarn for home textiles, weaving, denim, and hosiery markets, targeting export to Asian and European countries.
Who are the competitors of Laxmi Cotspin?
Laxmi Cotspin major competitors are Suryaamba Spg Mills, Gujarat Hy-Spin, Sparkle Gold Rock, Aditya Spinners, MKP Mobility, Pasupati Spinning, PBM Polytex. Market Cap of Laxmi Cotspin is ₹43 Crs. While the median market cap of its peers are ₹38 Crs.
Is Laxmi Cotspin financially stable compared to its competitors?
Laxmi Cotspin seems to be less financially stable compared to its competitors. Altman Z score of Laxmi Cotspin is 2.27 and is ranked 7 out of its 8 competitors.
Does Laxmi Cotspin pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Laxmi Cotspin latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Laxmi Cotspin allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Laxmi Cotspin balance sheet?
Balance sheet of Laxmi Cotspin is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Laxmi Cotspin improving?
The profit is oscillating. The profit of Laxmi Cotspin is -₹0.27 Crs for Mar 2024, -₹5.86 Crs for Mar 2023 and ₹5.45 Crs for Mar 2022
Is the debt of Laxmi Cotspin increasing or decreasing?
The debt of Laxmi Cotspin is decreasing. Latest debt of Laxmi Cotspin is ₹40.87 Crs as of Sep-24. This is less than Mar-24 when it was ₹48.76 Crs.
Is Laxmi Cotspin stock expensive?
Yes, Laxmi Cotspin is expensive. Latest PE of Laxmi Cotspin is 198, while 3 year average PE is 19.83. Also latest EV/EBITDA of Laxmi Cotspin is 50.52 while 3yr average is 23.27.
Has the share price of Laxmi Cotspin grown faster than its competition?
Laxmi Cotspin has given lower returns compared to its competitors. Laxmi Cotspin has grown at ~7.22% over the last 7yrs while peers have grown at a median rate of 13.65%
Is the promoter bullish about Laxmi Cotspin?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Laxmi Cotspin is 58.63% and last quarter promoter holding is 58.63%.
Are mutual funds buying/selling Laxmi Cotspin?
There is Insufficient data to gauge this.