Salona Cotspin Ltd (SALONA) is currently trading at 259.85 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Salona Cotspin Limited, founded in 1994, is a notable manufacturer and exporter specializing in cotton yarn and knitted fabrics, serving the hosiery and garment industries. The company operates a manufacturing facility in Erode District, displaying its commitment to high-quality textile production through advanced machinery and proficient staff. Salona Cotspin has expanded its operations with wind electricity generation, underscoring its initiative towards integrating renewable energy in its operations. With a focus on innovation, Salona offers customized blends and technical customer service, enhancing its product appeal in the competitive textile industry. Salona maintains adherence to Öekotex Standards, emphasizing superior yarn quality with attributes like excellent tensile strength and yarn uniformity.

Over the past 52 weeks, Salona Cotspin Ltd has traded between a low of ₹212.95 and a high of ₹335.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Salona Cotspin Ltd has a market capitalization of approximately 141.51. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Salona Cotspin Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 12992.50 and operates in the Textiles sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 141.51 Cr, Salona Cotspin Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Salona Cotspin Ltd operates in the Textiles sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Salona Cotspin Ltd is 12992.50. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.