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- SANGAMIND
SANGAMIND
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- 6M
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Revenue Mix
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Recent events
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News
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Corporate Actions
Sangam India drops after fire at denim division
** Shares of textile firm Sangam (India) SANG.NS down 1.9% to 342.7 rupees
** Co says a fire incident occurred at its denim division in Bhilwara on March 6; no injuries or casualties reported
** Co, however, did not disclose estimated losses due to the fire
** Stock set to snap four consecutive sessions of gains
** SANG extends YTD losses to about 17%
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
** Shares of textile firm Sangam (India) SANG.NS down 1.9% to 342.7 rupees
** Co says a fire incident occurred at its denim division in Bhilwara on March 6; no injuries or casualties reported
** Co, however, did not disclose estimated losses due to the fire
** Stock set to snap four consecutive sessions of gains
** SANG extends YTD losses to about 17%
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
Sangam (India) Says Fire Incident At Sangam's Denim Division In Bhilwara
March 10 (Reuters) - Sangam (India) Ltd SANG.NS:
SANGAM (INDIA) LTD - FIRE INCIDENT AT SANGAM'S DENIM DIVISION IN BHILWARA
SANGAM (INDIA) LTD - NO INJURIES OR CASUALTIES REPORTED IN SANGAM FIRE INCIDENT
SANGAM (INDIA) LTD - CAUSE AND IMPACT OF FIRE INCIDENT UNDER INVESTIGATION
Source text: ID:nBSE3jlktW
Further company coverage: SANG.NS
(([email protected];))
March 10 (Reuters) - Sangam (India) Ltd SANG.NS:
SANGAM (INDIA) LTD - FIRE INCIDENT AT SANGAM'S DENIM DIVISION IN BHILWARA
SANGAM (INDIA) LTD - NO INJURIES OR CASUALTIES REPORTED IN SANGAM FIRE INCIDENT
SANGAM (INDIA) LTD - CAUSE AND IMPACT OF FIRE INCIDENT UNDER INVESTIGATION
Source text: ID:nBSE3jlktW
Further company coverage: SANG.NS
(([email protected];))
Sangam (India) June-Quarter Consol PAT 142.8 Mln Rupees
Aug 12 (Reuters) - Sangam (India) Ltd SANG.NS:
JUNE-QUARTER CONSOL PAT 142.8 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6.93 BILLION RUPEES
Source text for Eikon: ID:nNSE5YvgCd
Further company coverage: SANG.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
Aug 12 (Reuters) - Sangam (India) Ltd SANG.NS:
JUNE-QUARTER CONSOL PAT 142.8 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6.93 BILLION RUPEES
Source text for Eikon: ID:nNSE5YvgCd
Further company coverage: SANG.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
Sangam (India) Ltd Sept-Quarter Consol Profit After Tax Falls
Oct 26 (Reuters) - Sangam (India) Ltd SANG.NS:
SEPT-QUARTER CONSOL PAT 105.8 MILLION RUPEES VERSUS PROFIT 303.3 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 6.29 BILLION RUPEES VERSUS 7.09 BILLION RUPEES
Source text for Eikon: ID:nBSEGs07j
Further company coverage: SANG.NS
(([email protected];))
Oct 26 (Reuters) - Sangam (India) Ltd SANG.NS:
SEPT-QUARTER CONSOL PAT 105.8 MILLION RUPEES VERSUS PROFIT 303.3 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 6.29 BILLION RUPEES VERSUS 7.09 BILLION RUPEES
Source text for Eikon: ID:nBSEGs07j
Further company coverage: SANG.NS
(([email protected];))
Sangam (India) down after Q1 profit plummets
** Shares of textile firm Sangam (India) SANG.NS down as much as 9.10% to 327 rupees, sharpest intraday pct fall since May 4, 2022
** Co posts a near-76% drop in Q1 consol PAT, while revenue down 5%
** Stock on track for second straight session of losses, if trend holds
** More than 239,653 shares changed hands by 12:12 p.m. IST, 1.6x the 30-day avg
** Including session's slips, stock up about 37% so far this year
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of textile firm Sangam (India) SANG.NS down as much as 9.10% to 327 rupees, sharpest intraday pct fall since May 4, 2022
** Co posts a near-76% drop in Q1 consol PAT, while revenue down 5%
** Stock on track for second straight session of losses, if trend holds
** More than 239,653 shares changed hands by 12:12 p.m. IST, 1.6x the 30-day avg
** Including session's slips, stock up about 37% so far this year
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Sangam (India) jumps after large investor adds stake
** Shares of textiles manufacturer Sangam (India) Ltd SANG.NS rise as much as 10.83% to 332 rupees, biggest intraday pct gain since June 14
** Prominent investor Madhuri Madhusudan Kela bought a further 5.45% stake in SANG in June-qtr, raising their total stake to 6.5%, as per NSE data disclosed on Wednesday
** Stock trading above its 50-, 100-, and 200-day moving averages since June 8
** Trading volume at ~394,000 shares, 2.5x the 30-day avg of ~157,700 shares as of 11;00 a.m. IST
** Stock last up ~33.9% this year
(Reporting by Biplob Kumar Das in Bengaluru)
** Shares of textiles manufacturer Sangam (India) Ltd SANG.NS rise as much as 10.83% to 332 rupees, biggest intraday pct gain since June 14
** Prominent investor Madhuri Madhusudan Kela bought a further 5.45% stake in SANG in June-qtr, raising their total stake to 6.5%, as per NSE data disclosed on Wednesday
** Stock trading above its 50-, 100-, and 200-day moving averages since June 8
** Trading volume at ~394,000 shares, 2.5x the 30-day avg of ~157,700 shares as of 11;00 a.m. IST
** Stock last up ~33.9% this year
(Reporting by Biplob Kumar Das in Bengaluru)
Sangam (India) Mar-Quarter Consol Profit Falls
April 28 (Reuters) - Sangam (India) Ltd SANG.NS:
MAR-QUARTER CONSOL PROFIT 301.3 MILLION RUPEES VERSUS PROFIT 534.4 MILLION RUPEES
MAR-QUARTER CONSOL REVENUE FROM OPERATIONS 6.85 BILLION RUPEES VERSUS 7.38 BILLION RUPEES
DIVIDEND OF 2 RUPEES PER SHARE
APPROVED EXPANSION PROJECT FOR INSTALLATION OF WEAVING MACHINES AT BHILWARA
COST OF INSTALLATION OF WEAVING MACHINES 1.78 BILLION RUPEES
APPROVED EXPANSION PROJECT FOR INSTALLATION OF SPINNING MACHINES FOR MANUFACTURING OF YARN AT BHILWARA
COST OF INSTALLATION OF SPINNING MACHINES 3.27 BILLION RUPEES
Further company coverage: SANG.NS
(([email protected];))
April 28 (Reuters) - Sangam (India) Ltd SANG.NS:
MAR-QUARTER CONSOL PROFIT 301.3 MILLION RUPEES VERSUS PROFIT 534.4 MILLION RUPEES
MAR-QUARTER CONSOL REVENUE FROM OPERATIONS 6.85 BILLION RUPEES VERSUS 7.38 BILLION RUPEES
DIVIDEND OF 2 RUPEES PER SHARE
APPROVED EXPANSION PROJECT FOR INSTALLATION OF WEAVING MACHINES AT BHILWARA
COST OF INSTALLATION OF WEAVING MACHINES 1.78 BILLION RUPEES
APPROVED EXPANSION PROJECT FOR INSTALLATION OF SPINNING MACHINES FOR MANUFACTURING OF YARN AT BHILWARA
COST OF INSTALLATION OF SPINNING MACHINES 3.27 BILLION RUPEES
Further company coverage: SANG.NS
(([email protected];))
Sangam (India) Has Made Further Investment Of 160 Million Rupees In Unit Sangam Ventures
March 30 (Reuters) - Sangam (India) Ltd SANG.NS:
CO HAS MADE FURTHER INVESTMENT OF 160 MILLION RUPEES IN UNIT SANGAM VENTURES
Source text for Eikon: ID:nBSE8PX8S1
Further company coverage: SANG.NS
(([email protected];))
March 30 (Reuters) - Sangam (India) Ltd SANG.NS:
CO HAS MADE FURTHER INVESTMENT OF 160 MILLION RUPEES IN UNIT SANGAM VENTURES
Source text for Eikon: ID:nBSE8PX8S1
Further company coverage: SANG.NS
(([email protected];))
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Popular questions
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What does Sangam India do?
Sangam (India) Limited is the largest producer of PV dyed yarn in Asia and a leading manufacturer of ready to stitch fabric.
Who are the competitors of Sangam India?
Sangam India major competitors are Nitin Spinners, Filatex India, AYM Syntex, Raj Rayon Industries, Sportking India, Pashupati Cotspin, AB Cotspin India. Market Cap of Sangam India is ₹2,113 Crs. While the median market cap of its peers are ₹1,282 Crs.
Is Sangam India financially stable compared to its competitors?
Sangam India seems to be less financially stable compared to its competitors. Altman Z score of Sangam India is 2.42 and is ranked 8 out of its 8 competitors.
Does Sangam India pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Sangam India latest dividend payout ratio is 24.62% and 3yr average dividend payout ratio is 12.57%
How has Sangam India allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Sangam India balance sheet?
Balance sheet of Sangam India is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Sangam India improving?
No, profit is decreasing. The profit of Sangam India is ₹35.94 Crs for TTM, ₹40.82 Crs for Mar 2024 and ₹131 Crs for Mar 2023.
Is the debt of Sangam India increasing or decreasing?
Yes, The debt of Sangam India is increasing. Latest debt of Sangam India is ₹1,179 Crs as of Sep-24. This is greater than Mar-24 when it was ₹1,009 Crs.
Is Sangam India stock expensive?
Yes, Sangam India is expensive. Latest PE of Sangam India is 58.78, while 3 year average PE is 50.84. Also latest EV/EBITDA of Sangam India is 12.98 while 3yr average is 9.0.
Has the share price of Sangam India grown faster than its competition?
Sangam India has given lower returns compared to its competitors. Sangam India has grown at ~6.96% over the last 3yrs while peers have grown at a median rate of 17.98%
Is the promoter bullish about Sangam India?
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 Sangam India is 70.16% and last quarter promoter holding is 70.16%.
Are mutual funds buying/selling Sangam India?
There is Insufficient data to gauge this.