Laxmi Cotspin Ltd
LAXM.IN
$0.40
Closing
▼-1.05%
1D
▲31.47%
YTD
Market cap
$6.79M
52 week high
$0.45
52 week low
$0.22
Volume
100,628
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Market cap
$6.79M
Analysts' Rating
-
Price Target (Mean)
Unable to collect data for some field(s).
Total Analysts
0
P/E
Operating Margin
-5.45%
Beta
-0.02
Revenue Growth (Annual)
-38.42%
52 week high
$0.45
52 week low
$0.22
Div. Yield
%
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
Laxmi Cotspin Limited is an India-based company. The Company is engaged in the business of cotton processing in the textile industry. It is a manufacturer of yarn and has an existing open end and ring spinning unit to cater to the yarn markets in Maharashtra and Gujarat. It specializes in providing varieties of cotton yarn, cotton bales, and cotton seeds. It is engaged in the business of home textiles, weaving sector, denim manufactures and hosiery manufacturers through open end yarn and ring spun yarn. It also manufactures 100% quality cotton combed and carded hosiery/ warp conventional, organic and better cotton initiative (BCI) yarn in count range of 10s Ne to 40s Ne for the purpose of exporting to Asian and European countries. It has a capacity of approximately 16800 spindles with compact, lycra and slub attachment. It has an open-end unit with approximately 3000 Rotors. Its subsidiaries include Laxmi Spintex Private Limited and Laxmi Surgical Healthcare Private Limited.
