The 5-year analysis of Suryalata Spinning Mills Ltd's performance infers:
We analysed the performance of Suryalata Spinning Mills Ltd share prices over the last 10 years. Here is what we found out:
Suryalata Spinning Mills, incorporated in 1983, was promoted by Vithaldas Agarwal and his family members.
The company is a leading manufacturer and exporter of high quality yarns including polyester viscose yarn (Grey) (Single and Double), polyester viscose yarn (Dyed) (Single and Double), 100% viscose yarn (Single and Double), 100% polyester yarn (single and double), and 100% polyester sewing threads (Single and Double).
The companyâ€™s yarns surpass others in the same
The companyâ€™s yarns surpass others in the same domain with their ISO certified manufacturing units of a total capacity of about 65,000 spindles.
The first unit situated at Kalwakurthy, Mahabubnagar District, Andhra Pradesh has an installed capacity of 36,000 spindles manufacturing counts ranging from 20s to 60s in various blends in synthetic yarn with a production capacity of 30 MTs per day.
The second unit situated at Ramtek, Nagpur, Maharashtra with a capacity of 29,000 spindles manufactures counts ranging from 20s to 40s polyester viscose-blended yarn with a production capacity of 25 MTs per day.
The company is setting up a third unit with a capacity of 20,000 spindles at Urkondapet, Mahabubnagar District, Andhra Pradesh.
Suryalata Spinning Mills is equipped with ultra-modern machinery like Trumac, L/R Chute Feed Blow Room, TFO/Volkman, DK780 & LC300A, LR Simplex Machine, LMW Textile Machinery, Auto Levelers Draw Frames from Rieter, LR Ring Frames G5/1 & L/R 6, and Murata Autocone Winders 21C & 7/V and Scholfhorst 23.
The company has goodwill in export markets of Italy, Turkey, Taiwan, Sri Lanka, Indonesia, Nigeria, Bangladesh and other European countries.