₹ 90.94 -1.86 (-2.00%)
- NSE
- BSE
Overview
- BSE Code 521034
- NSE Symbol SOMATEX
- ISIN Demat INE314C01013
- Book Value (₹) 47.72
- Face Value (₹) 10.00
- Market Cap (₹ Cr.) 299.18
- P/E (TTM) 0.00
- EPS (TTM) 0.00
- Div Yield (%) 0.00
Performance
Corporate Actions
Soma Textiles & Industries Limited - Updates
Apr 21, 2025Soma Textiles & Industries Limited has informed the Exchange regarding 'Intimation for change of email and website address of the Registrar and Share Transfer Agent'.
Soma Textiles & Industries Limited - Price movement
Apr 21, 2025Significant movement in price has been observed in Soma Textiles & Industries Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.
Soma Textiles & Industries Limited - Price movement
Apr 21, 2025Significant movement in price has been observed in Soma Textiles & Industries Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Soma Textiles & Industries Limited has submitted their response.
About Soma Textiles & Industries Ltd
The Ahmedabad unit of Soma Textiles & Industries was taken over in 1969 and a major modernisation and expansion programme was carried out to revive it. The company was one of the first units to manufacture indigo denim in 1986. In 1994, the company commissioned its 100% export-oriented spinning unit (cap.: 30,204 spindles) at a capital outlay of Rs 74 cr.
The company's principal products include cotton yarn and cotton fabrics as also blended yarn and man-made fabrics. In 1995, the company replaced 20 narrow-width Ruti looms with 12 Sulzer 390 cm wide-width looms. To achieve better capacity utilisation, six Sulzer wide-width looms along with one Schlafhorst rotor spinning machine and other balancing machines were installed and commissioned in Sep.'95. This will increase the production of denim by 25%. The company plans to improve the quality of yarn for the export market, using sophisticated control equipment, while also planning to introduce stretch denim fabrics.
Due to the recessionary trend experienced by the Textile industry and the depressed export market, the steep competition from the unorganised sector resulted in erosion in the profitability of the company during the year 1999-2000.
To increase the production of Denim Fabrics the company has installed 20 Second hand Picanol Airjet Looms.
Founded | : 1940 |
Chairman | : S K Somany |
Managing Director | : A K Somany |
Address | : 2 Red Cross Place, Kolkata, West Bengal, 700001, |
HO Tel | : 91-22-22836519/20 |
- PAN Card
- Cancelled Cheque
- Latest 6 month Bank Statement (Only for Derivatives Trading)