KANDAGIRI SPINNING MILLS LTD. SHARE PRICE [LIVE]
BSE: INE292D01019 NSE: KANDAGIRI SECTOR: Textile
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About KANDAGIRI
Today's live share price for KANDAGIRI SPINNING MILLS LTD. is NSE: N/A, BSE: ₹ 18.10 with a current market capitalization of .
Kandagiri Spinning Mills (KSML) was incorporated in 1976. It is promoted by the Sambandam group. Its units are located in Tamilnadu. S P Ratnam is the chairman and K R Manicka Mudaliar is the managing director. Other group concerns are Sambandam Spinning Mills and Mallur Siddeswara Spinning Mills. In the last 15 years, KSML made a fantastic growth of 1071% as its capacity went up from 3260 spindles to 39,932 spindles. The company came out with a public issue of 11,36,000 shares of Rs 10 each at a premium of Rs 40 each in Jan.'95 to part-finance the Rs 17.25-cr project for the expansion of its capacity to 49,532 spindles. It is also adding special-purpose machines such as autocone winders, two-for-one twisters and singeing machines required for the manufacture of export-quality yarn. The company is in the field of cotton and textiles.
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