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About Kandagiri Spinning Mills
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.
Parent Organisation
Indian Private
Managing Director
S Gnanasekharan
Founded
1976
NSE Symbol
KANDAGIRI
Peer Comparision
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Kandagiri Spinning Mills Ltd FAQs
What is the share price of Kandagiri Spinning Mills Ltd (KANDAGIRI) shares?
Kandagiri Spinning Mills Ltd (KANDAGIRI) share price as of May 30, 2024, on NSE is Rs 2,851.15 (NSE) and Rs 2,860.00 (BSE) on BSE.
Can I buy Kandagiri Spinning Mills Ltd (KANDAGIRI) from Angel One?
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1. Direct investment: You can buy Kandagiri Spinning Mills Ltd (KANDAGIRI) 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 Kandagiri Spinning Mills Ltd (KANDAGIRI) shares.
1. Direct investment: You can buy Kandagiri Spinning Mills Ltd (KANDAGIRI) 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 Kandagiri Spinning Mills Ltd (KANDAGIRI) shares.
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