SWAN ENERGY LTD. SHARE PRICE [LIVE]

BSE: INE665A01038   NSE: SWANENERGY   SECTOR: Textile

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205.75
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205.10
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Name Mar 21 Dec 20

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Frequently Asked Questions

What is the Share price of SWAN ENERGY LTD. (SWANENERGY)?

SWAN ENERGY LTD. (SWANENERGY) share price as of August 9, 2022, on NSE is Rs 205.75 (NSE) and Rs 205.10 (BSE) on BSE.

Can I buy SWAN ENERGY LTD. (SWANENERGY) shares?

Yes, You can buy SWAN ENERGY LTD. (SWANENERGY) shares by opening a Demat account with Angel One.

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SWAN ENERGY LTD. (SWANENERGY) share can be brought through the following modes:
  1. Direct investment: You can buy SWAN ENERGY LTD. (SWANENERGY) 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 SWAN ENERGY LTD. (SWANENERGY) shares.

In which sector do SWAN ENERGY LTD. (SWANENERGY) belong?

SWAN ENERGY LTD. (SWANENERGY) belongs to Textile .

About SWANENERGY

Today's live share price for SWAN ENERGY LTD. is NSE: ₹ 205.75, BSE: ₹ 205.10 with a current market capitalization of .

Originally promoted by J P Goenka, the Bombay-based Swan Mills was already sick when it was taken over by the Dave group in 1990. In three years, its accumulated losses touched a whopping Rs 92 cr. It was referred to the BIFR for a revival package in 1992. Swan Mills has five units -- Aryodaya Spinning & Weaving Mills, Ahmedabad; Basanti Cotton Mills, Calcutta; and, Kurla Spinning & Weaving Mills, Swan Mills and Jubilee Textile Mills in Bombay. The BIFR proposal envisaged revival of only the spinning unit -- Swan Mills. In 1993-94, the company started operations in all departments by accepting job work. Nearly 80% of the processing work in the mill is being run on job works. As per the BIFR package, the company disposed excess land owned by it on a commercial basis. The company achieved a turnaround by posting a profit in 1993-94. With the funds available through land sale, the company is carried out a modernisation programme. Through merchant exporters, it started supplying to big retailers in Europe like Marks & Spencers, the UK retailing giant. It also diversified into the manufacture of cuprammoniam rayon yarn by setting up Vini Rayon Industries, a joint venture with the Gujarat Industrial & Investment Corporation. For this, it has tied up with Ralston & Associates, US, to set up a pilot plant near Jagadiah, Gujarat. In Dec'95, BIFR declared that the company is no longer sick and discharged it from its purview. On successful implementation of Voluntary Retirement Scheme, all the manufacturing activities has been suspended as all the operative workers/staff have opted for the scheme.

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