The 5-year analysis of STI India Ltd's performance infers:
We analysed the performance of STI India Ltd share prices over the last 10 years. Here is what we found out:
STI India Limited is a public limited company, incorporated on August 7, 1984, under the Companies Act, 1956 as STI Biplus Tubing (India) Limited. The name of the Company was changed to STI India Limited with effect from September 20, 1994. The registered office of the company as well as the plant is situated at Rau-Pithampur Link Road, Tehsil: Mhow, Madhya Pradesh, India.
STI is an established manufacturer of cotton yarn and cotton knitted fabrics. The Company's main products are 100%
STI is an established manufacturer of cotton yarn and cotton knitted fabrics. The Company's main products are 100% cotton yarns, both super combed and super carded, in the coarse to medium count range of NE 16/1-NE 40/1 and knitted fabrics. The Company has an employee workforce of over 900 and a plant capacity of 68,016 spindles and has 16 circular knitting machines, making STI one of the country's largest single units of its kind. The plant has a capacity to produce 14,000 metric tones of yarn and 2000 metric tones of fabric, with a majority of the equipment coming from international vendors, ensuring global standards of quality control and production. As a result, the Company exports 99% of its production to over 45 countries in all continents. As on the date of this PA, the paid up equity share capital of STI consists of 2,90,00,000 fully paid up equity.
STI India is 100% Export Oriented Spinning & Knitting Unit. The project was completed in December, 98. Setup at a cost of Rs.2,000 million (US$ 47 million), with a plant capacity of 68,016 spindles and16 knitting machines, STI India Ltd. is one of the countryâ€™s largest single spinning unit of its kind under one roof.
The factory building is a triumph of modern industrial architecture, set amidst a vast area of more than 66 hectares of lush-green land near premier management Institute of India, Indore (M.P.). The factory building & residential township are shining examples of true entrepreneurial spirit, which encompasses the fundamentals of an eco-friendly and pollution
Product range of the company includes: