Damodar Industries Ltd
Damodar Indust. | 521220
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About Company
- Damodar Industries Limited was originally incorporated in the name of 'Damodar Threads Limited' on 11th December 1987 as a Private Limited Company to manufacture Synthetic Blended Yarns
- The Company was converted into Public Limited Company on 20th March 1992 and name of the Company was changed to Damodar Industries Limited on 22 January, 2023
- Since 1992, the Company had expanded its production capacity and is now one of the largest producers of value added yarns in India having a group turnover of $ 100 Million from 6 manufacturing facilities
- The Weaving Plant with 32 Picanol looms with other preparatory machines at Daman Factory was made operational in November, 2004
- The setting up a doubling plant of fancy yarn at Silvassa became operational in May, 2005
- 14,400 spindles were put to operation during 2006-07
- The plant having 32,908 spindles with a capacity to manufacture 15,000 Kgs per day of fine quality cotton yarn was fully commissioned in 2008
- Thereafter, the Company installed 58 TFO's with a capaicity of 7000 kgs per day of twisted/doubled yarn
- It further installed 6 imported twisting machines and preparatory machines for spinning blended fancy yarns, which commissioned in March, 2009
- Further, the warehouse at Village Tambadi near to Dadra Plant for storing of Cotton and other raw materials was made operational
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Damodar Industries Ltd?
The current share price of Damodar Industries Ltd (Damodar Indust.) is ₹32.64. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Damodar Industries Ltd?
Damodar Industries Ltd has a 52-week high of ₹47.15 and a 52-week low of ₹28.00. This range shows the stock's price volatility over the past year.
What is the ROE of Damodar Industries Ltd?
Damodar Industries Ltd has a Return on Equity (ROE) of -5.84%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
