LOYAL TEXTILE MILLS LTD. SHARE PRICE [LIVE]

BSE: INE970D01010   NSE: LOYALTEX   SECTOR: Textile

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NSE
994.75
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990.00
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Name Mar 21 Dec 20

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Frequently Asked Questions

What is the Share price of LOYAL TEXTILE MILLS LTD. (LOYALTEX)?

LOYAL TEXTILE MILLS LTD. (LOYALTEX) share price as of August 17, 2022, on NSE is Rs 994.75 (NSE) and Rs 990.00 (BSE) on BSE.

Can I buy LOYAL TEXTILE MILLS LTD. (LOYALTEX) shares?

Yes, You can buy LOYAL TEXTILE MILLS LTD. (LOYALTEX) shares by opening a Demat account with Angel One.

How do I buy LOYAL TEXTILE MILLS LTD. (LOYALTEX) from Angel One?

LOYAL TEXTILE MILLS LTD. (LOYALTEX) share can be brought through the following modes:
  1. Direct investment: You can buy LOYAL TEXTILE MILLS LTD. (LOYALTEX) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to LOYAL TEXTILE MILLS LTD. (LOYALTEX) shares.

In which sector do LOYAL TEXTILE MILLS LTD. (LOYALTEX) belong?

LOYAL TEXTILE MILLS LTD. (LOYALTEX) belongs to Textile .

About LOYALTEX

Today's live share price for LOYAL TEXTILE MILLS LTD. is NSE: ₹ 994.75, BSE: ₹ 990.00 with a current market capitalization of .

Loyal Textile Mills, the Tamilnadu based company was incorporated in 1946 and has it's plant at Kovilpatti. It manufactures cotton yarn, fabric, hosiery cloth, caps etc.It exports yarn and cloth to the US, Russia, Germany, Spain, Switzerland, UK, Portugal and other countries. The company exports around 27% of its production. Loyal Textiles was the first to introduce tandem carding in the early seventies, and the earliest to introduce air splicing and automatic cone winding technology, which allows sophisticated electronic controls to detect and mend defects in yarn automatically. The company undertook modernisation of it's facility. In 1987, the company has embarked upon an expansion-cum-modernisation project and set up 100 air-jet looms for weaving polyester-blended suitings. The looms were supplied by Loyal Machine Works, a subsidiary. Again in 1998-99, it increased the installed capacity of ring spindles, rotors and automatic looms to 53,492 nos, 3,768 nos and 285 nos respectively. The company has spent Rs.17.33 cr, Rs.5.39 cr and Rs.13.37 cro on modernisation and replacement of machinery during 1998-99, 99-2000 and 2000-01 respectively. The company had set up an Joint Venture company in Italy in the name of M/s Gruppo P&P Loyal Spa. In the year 2000-01, the company has increased it's stake in the JV company to 47.50 %. Apart from this the company has also entered into a JV agreement with M/s Dimco SA, Greece for formation of a JV company in Greece for marketing of Garments during 2000-01. For replacement of machinery/modernisation and installing power plant the company has spent about Rs. 3358.44 lakhs.

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