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Surat Trade & Merchantile Share Price Live

SURATRAML

Small Cap | Trading

8.54

0.04 (0.47%)

Live Surat Trade & Merchantile Share Price Chart

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About Surat Trade & Merchantile

Incorported in 1945, Surat Textile Mills (STML), formerly known as Garden Cotton and Yarn, manufactures yarn and cloth. The company's three manufacturing plants are Located in Surat, Gujarat. In Mar.'95, it issued rights shares at a premium and FCDs. During 1994-95, STML privately placed secured redeemable PCDs with financial institutions. The above proceeds were utilised for the company's expansion cum modernisation programme which it undertook by installing 25,200 spindles and manufactured PFY having a installed capacity of 17,500 TPA. The above expansion were completed and production was started in 1996. The polycondensation unit commenced commercial production of Fibre grade Polyester Chips in 1996. The implementation of the POY Spinning project has been set up into two two phases due to demand recession. The company's yarn doubling and grassing project at silvassa became fully operational during 1996-97. In 1998 the company installed 12,384 spindles of synthetic fibre at Vareli and production started in the same year.

Parent Organisation
Indian Private
Managing Director
None
Founded
1945
NSE Symbol

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Surat Textile Mills Ltd FAQs

Surat Textile Mills Ltd (Surat Textile Mills Ltd) share price as of November 1, 2024, on NSE is Rs 8.54 (NSE) and Rs 8.54 (BSE) on BSE.
Yes, You can buy Surat Textile Mills Ltd (Surat Textile Mills Ltd) shares by opening a Demat account with Angel One.
Surat Textile Mills Ltd (Surat Textile Mills Ltd) share can be bought through the following modes:
1. Direct investment: You can buy Surat Textile Mills Ltd (Surat Textile Mills Ltd) 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 Surat Textile Mills Ltd (Surat Textile Mills Ltd) shares.
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