SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rajapalayam Mills shines on getting nod for capacity addition, establishment of fabric finishing proce

01 Nov 2021 Evaluate

Rajapalayam Mills is currently trading at Rs. 1076.00, up by 57.30 points or 5.62% from its previous closing of Rs. 1018.70 on the BSE.

The scrip opened at Rs. 1120.00 and has touched a high and low of Rs. 1148.00 and Rs. 1070.00 respectively. So far 17233 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 1354.00 on 27-Jul-2021 and a 52 week low of Rs. 556.37 on 30-Oct-2020.

Last one week high and low of the scrip stood at Rs. 1148.00 and Rs. 944.00 respectively. The current market cap of the company is Rs. 931.98 crore.

The promoters holding in the company stood at 55.12%, while Institutions and Non-Institutions held 3.18% and 41.70% respectively.

Rajapalayam Mills has received an approval for capacity addition of 166 Nos. of looms and establishment of fabric finishing process with a capacity of 50,000 meters per day in the company’s yarn dyeing and weaving unit.

The company is currently offering premium yarn and Loom state greige fabrics to leading fabric manufacturers in India and abroad. To meet out the increase in demand of fabric and to further increase the value of company’s supply, it is proposed expand the loom capacity and to establish fabric finishing process in its weaving unit. By establishing fabric finishing, the company can supply ready to stich finished fabrics to leading brands. It is expected to increase the sales turnover by 25% and corresponding increase in profits. The Board of Directors at their meeting held on October 30, 2021 has approves for the same.

Rajapalayam Mills is engaged in the manufacture and sale of yarns.

Rajapalayam Mills Share Price

804.50 16.50 (2.09%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 26.12
Filatex India 44.94
Nitin Spinners 419.70
Nahar Spinning Mills 249.20
Sanathan Textiles 427.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×