The 5-year analysis of Birla Cotsyn (India) Ltd's performance infers:
We analysed the performance of Birla Cotsyn (India) Ltd share prices over the last 10 years. Here is what we found out:
Birla Cotsyn (India) Ltd was incorporated on September 24, 1941 under the name and style of Jamod Ginning Company Private Ltd. Renamed on October 8,1998 as Birla Agro Private Ltd and subsequently changed to Birla Cotsyn (India) Private Ltd on December 9, 2005. The company was converted into a public limited company and the name was changed to Birla Cotsyn (India) Limited on May 30, 2006.
Birla Cotsyn a flagship of the Yash Birla Group, one of the largest industrial conglomerates in
Birla Cotsyn a flagship of the Yash Birla Group, one of the largest industrial conglomerates in India started its operation in 1932. The Sprawling unit is located at Khamgaon (M.S) in the industrial belt of Central India. Birla Cotsyn (India) is having synthetic blended ring spun yarn manufacturing facility with state of art machineries at Khamgaon.
The company has excellent sales network in India and abroad for grey and dyed solid griddles, fancy, industrial knitting and sewing ring spun yarns in various blends and count range from NE 8s to 60s.
The Yash Birla group promoted Birla Cotsyn India (BCIL) has 50:50 joint venture with the P.B.Bhardwaj Chairman Sunflag Group. In the first phase, the Rs. 315 core integrated textile complex will manufacture open end, rotor based cotton yarn with an installed capacity of 1728 rotors. It will have 114 looms to weave fabric.
Having acquired 100 acres of land at MIDC, Malkapur, they are expanding current capacities from 21000 spindles to 36,000 spindles. With a proposed 1728 rotors and 114 looms, their capacity is bound to rise to 50,000 meters per day.
The company was earlier engaged in cotton ginning, pressing and oil expelling and after the acquisition of assets of Khamgaon Syntex (I) Ltd at MIDC, Khamgaon with a spindle capacity of 18,304 spindles, with effect from August 2006, has entered into manufacturing of synthetic yarn.
Product range of the company includes:
The company produces high quality synthetic, blended ring spun yarns for usage in woven and knitted fabrics, textiles, blankets, towels, upholstery, furnishings, curtains, bed sheets, made-up and industrial fabrics.