Lambodhara Textile enters into lease agreement

14 Sep 2016 Evaluate

Lambodhara Textile has entered into lease agreement with M/s. Suriya Spinning Mills Unit B and M/s. Sri Akkamma Textiles to utilize their spare capacity of 3,024 spindles and 6,048 spindles respectively for conversion of fiber into yarn. The conversion is to commence from November 2016. This will enhance the spinning capacity of the company and will have an impact on the overall performance of the Company.

Lambodhara Textiles operates a yarn producing mill. The Company specializes in synthetic yarns.

Lambodhara Textiles Share Price

82.00 0.05 (0.06%)
May 27, 18:01 View Price Chart
Peers
Company Name CMP
Trident 45.80
Filatex India 111.75
Nahar Spinning Mills 385.00
Sutlej Textiles&Inds 63.30
Nitin Spinners 217.05
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