Lagnam Spintex Ltd
LAGN.IN
$1.75
Closing
▲4.99%
1D
▲66.04%
YTD
Market cap
$31.00M
52 week high
$1.78
52 week low
$0.49
Volume
34,557
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Market cap
$31.00M
Analysts' Rating
-
Price Target (Mean)
Unable to collect data for some field(s).
Total Analysts
0
P/E
29.34
Operating Margin
5.11%
Beta
0.76
Revenue Growth (Annual)
-18.85%
52 week high
$1.78
52 week low
$0.49
Div. Yield
0.68%
EPS Annual Growth
0.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Lagnam Spintex Limited is an India-based company that manufactures cotton yarn. The Company is engaged in the business of manufacture of ring and open end (OE) yarn for domestic and export market ranging from count Ne 4 to Ne 30, which is used in denim, terry towels, bottom wears, home textiles and industrial fabrics. The Company’s products include Carded & Combed Ring Spun yarn for Weaving and Hosiery from Ne 20 to Ne 32, Carded (Soft TPI) double yarn in Ne 20 & 24, Open End Yarn for Weaving & Knitting from Ne 6 to Ne 20, Yarn spun on perforated tubes for direct Dyeing (Ring & OE) and Low Twist, High RKM OE yarn. The Company’s manufacturing facility is situated at A- 51-53, RIICO Growth Center, Hamirgarh of Bhilwara District in Rajasthan State and it spreads over 48,263 square meters. The Company exports cotton yarns to countries, such as Portugal, Bangladesh, Poland, China, Peru, Germany, Turkey, Mauritius, Malaysia, Korea, Taiwan, Hong Kong and others.
