The 5-year analysis of Thambbi Modern Spinning Mills Ltd's performance infers:
We analysed the performance of Thambbi Modern Spinning Mills Ltd share prices over the last 10 years. Here is what we found out:
Thambbi Modern Spinning Mills (TMSL) was incorporated as a Private Limited Company in 1977 with the object of taking over the business of â€˜Thambi Modern Spinnersâ€™ a partnership firm in existence from 1973. TMSL was originally promoted by N.Ramasamy Udayar. Udayar has also promoted various textile and other industries in and around Salem.
During 1978, the partnership firm was dissolved and the entire assets and liabilities of the firm were taken over by TMSL. The Company became
During 1978, the partnership firm was dissolved and the entire assets and liabilities of the firm were taken over by TMSL. The Company became a full fledged Public Limited Company on March 11, 1994 and the name of the Company was changed to Thambbi Modern Spinning Mills Limited on May 6, 1994.
Thambbi Brand Melange is the top / dope dyed yarn spun with advanced technology of yarn - dyeing and spinning.
The Company is an established unit having a wide network of outlets all over the country through its brokers. It also has a share in the export market and about 50% of its yarn is being exported to foreign countries. The Directorate General of Foreign Trade, Ministry of Commerce, Government of India has recognised the Company as a Registered Export House.
Product range of the company includes:
Clientele:The Company exports its yarn directly to various textile manufactures in Europe, Israel and Turkey, UK, Colombia, Mouritius, and Bangladesh who are supplying garments to well-known departmental chains in Europe with acclaimed international quality standards such as