Le Merite Exports Ltd
LEME.IN
$0.81
Closing
▲0.52%
1D
▲60.71%
YTD
Market cap
$19.01M
52 week high
$0.86
52 week low
$0.48
Volume
12,800
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Market cap
$19.01M
Analysts' Rating
-
Price Target (Mean)
Unable to collect data for some field(s).
Total Analysts
0
P/E
Operating Margin
4.37%
Beta
Revenue Growth (Annual)
18.28%
52 week high
$0.86
52 week low
$0.48
Div. Yield
0.74%
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
Le Merite Exports Limited is an India-based company, which is engaged in manufacturing and trading of textile products namely cotton yarn, greige fabric, and finished fabric for domestic and export sales. It deals in diversified product portfolio with capability to supply compact cotton yarn varying from counts NE 16/1 to NE 32/1 & NE 16/2 to NE 32/2 combed carded and double yarn that are used in various forms and for varied end uses. It operates through the textile segment, which is engaged in the trading of yarn, fabric, cotton, polyester chips, and manufacturing of yarn. It also exports sustainable organic yarn and fabric to international textile and garment manufacturers. Its subsidiaries include Le Merite Filament Private Limited and Le Merite Laxmi Spinning Private Limited, which are engaged in trading of polyester yarn, viscose yarn, synthetic fibers, staple fibers, worsted yarn, lycra yarn and other varieties, such as texturized, twisted, sized, and other such kinds of fiber.
