{
  "main_header": {
    "sid": 536762,
    "name": "Salona Cotspin",
    "stock_name": "Salona Cotspin",
    "full_name": "Salona Cotspin Ltd.",
    "name_url": "stocks-analysis/salona-cotspin",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "238.00",
    "chg": 5,
    "chgp": "2.15%",
    "dir": 1,
    "prev_price": "233.00",
    "mcapval": "125.25 Cr",
    "mcap": "Micro Cap",
    "scripcode": 590056,
    "symbol": "SALONA",
    "ind_name": "Textile ",
    "ind_code": 32,
    "isin": "INE498E01010",
    "curr_date": "Apr 11, 12:53 PM",
    "curr_time": "01:22 AM",
    "bse_nse_vol": "666 ",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://sandbox-www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/salona-cotspin-536762-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Salona Cotspin Faces Financial Struggles Amid Erratic Trading and High Debt Concerns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/salona-cotspin-hits-52-week-low-amid-declining-stock-performance-and-high-debt-levels-1206038",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/SalonaCotspin_priceRelatedfactors_591368.png",
        "date": "2025-03-05 14:05:46",
        "description": "Salona Cotspin, a microcap textile company, has faced significant volatility, reaching a 52-week low. Concerns about its financial health are highlighted by a high Debt to EBITDA ratio and declining net sales. Despite these issues, the company shows strong management efficiency and healthy long-term growth in sales."
      },
      {
        "title": "Salona Cotspin Faces Market Pressures Amidst Declining Performance and High Debt Levels",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/salona-cotspin-hits-52-week-low-amid-significant-market-underperformance-1182044",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/SalonaCotspin_priceRelatedfactors_569913.png",
        "date": "2025-03-04 13:07:06",
        "description": "Salona Cotspin, a microcap textile company, has faced significant challenges, reaching a 52-week low and underperforming its sector. The stock has declined 30.46% over the past year, with erratic trading patterns and a high Debt to EBITDA ratio. Despite these issues, it maintains a strong return on capital employed and a healthy long-term growth rate in net sales."
      },
      {
        "title": "Salona Cotspin Faces Significant Volatility Amidst Sustained Downward Trend in Textile Sector",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/salona-cotspin-hits-new-52-week-low-amid-ongoing-stock-decline-1107002",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/SalonaCotspin_priceRelatedfactors_509372.png",
        "date": "2025-02-24 14:05:16",
        "description": "Salona Cotspin, a microcap textile company, has reached a new 52-week low, underperforming its sector significantly. The stock has faced consecutive losses over the past four days and is trading below multiple moving averages, reflecting ongoing challenges in the market. Over the past year, it has declined notably compared to the Sensex."
      },
      {
        "title": "Salona Cotspin Faces Significant Volatility Amidst Underperformance in Textile Sector",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/salona-cotspin-hits-new-52-week-low-stock-declines-9-21-over-two-days-1065576",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/SalonaCotspin_priceRelatedfactors_479882.png",
        "date": "2025-02-20 10:40:19",
        "description": "Salona Cotspin, a microcap textile company, has faced significant volatility, reaching a new 52-week low of Rs. 248. The stock has underperformed its sector and has seen consecutive declines over the past two days. It is currently trading below all major moving averages, reflecting a bearish trend."
      },
      {
        "title": "Salona Cotspin Reports Mixed Financial Results Amid Sales Decline and Rising Costs in December 2024",
        "link": "https://www.marketsmojo.com/news/result-analysis/salona-cotspin-reports-decline-in-net-sales-and-financial-score-for-december-2024-994864",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/SalonaCotspin_quaterlyResult_423053.png",
        "date": "2025-02-12 18:49:22",
        "description": "Salona Cotspin has released its financial results for the quarter ending December 2024, showcasing a mixed performance. While the company achieved its highest operating profit margin in five quarters at 5.89% and an operating profit of Rs 9.32 crore, net sales fell to Rs 158.29 crore, the lowest in the same period. Additionally, interest expenses rose significantly, indicating increased borrowing costs."
      }
    ],
    "total": 37,
    "sid": "536762",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/salona-cotspin-536762"
  },
  "announcements": [
    {
      "caption": " Board of Salona Cotspin recommends final dividend",
      "datetime": "29-May-2023",
      "details": "Salona Cotspin announced that the Board of Directors of the Company at its meeting held on 26 May 2023, inter alia, have recommended the final dividend of Rs 1.2 per equity Share (i.e. 12%) , subject to the approval of the shareholders.",
      "source": "BSE"
    },
    {
      "caption": "Salona Cotspin to conduct AGM",
      "datetime": "12-Sep-2022",
      "details": "Salona Cotspin announced that the 28th Annual General Meeting (AGM) of the company will be held on 28 September 2022.",
      "source": "BSE"
    },
    {
      "caption": " Board of Salona Cotspin recommends final dividend",
      "datetime": "06-Jun-2022",
      "details": "Salona Cotspin announced that the Board of Directors of the Company at its meeting held on 30 May 2022, inter alia, have recommended the final dividend of Rs 1.2 per equity Share (i.e. 12%) , subject to the approval of the shareholders.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Salona Cotspin Ltd. has declared <strong>10%</strong> dividend, ex-date: 13 Sep 24",
          "dt": "2024-09-13",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Salona Cotspin Faces Financial Struggles Amid Erratic Trading and High Debt Concerns

2025-03-05 14:05:46

Salona Cotspin, a microcap textile company, has faced significant volatility, reaching a 52-week low. Concerns about its financial health are highlighted by a high Debt to EBITDA ratio and declining net sales. Despite these issues, the company shows strong management efficiency and healthy long-term growth in sales.

Read More

Salona Cotspin Faces Market Pressures Amidst Declining Performance and High Debt Levels

2025-03-04 13:07:06

Salona Cotspin, a microcap textile company, has faced significant challenges, reaching a 52-week low and underperforming its sector. The stock has declined 30.46% over the past year, with erratic trading patterns and a high Debt to EBITDA ratio. Despite these issues, it maintains a strong return on capital employed and a healthy long-term growth rate in net sales.

Read More

Salona Cotspin Faces Significant Volatility Amidst Sustained Downward Trend in Textile Sector

2025-02-24 14:05:16

Salona Cotspin, a microcap textile company, has reached a new 52-week low, underperforming its sector significantly. The stock has faced consecutive losses over the past four days and is trading below multiple moving averages, reflecting ongoing challenges in the market. Over the past year, it has declined notably compared to the Sensex.

Read More

Salona Cotspin Faces Significant Volatility Amidst Underperformance in Textile Sector

2025-02-20 10:40:19

Salona Cotspin, a microcap textile company, has faced significant volatility, reaching a new 52-week low of Rs. 248. The stock has underperformed its sector and has seen consecutive declines over the past two days. It is currently trading below all major moving averages, reflecting a bearish trend.

Read More

Salona Cotspin Reports Mixed Financial Results Amid Sales Decline and Rising Costs in December 2024

2025-02-12 18:49:22

Salona Cotspin has released its financial results for the quarter ending December 2024, showcasing a mixed performance. While the company achieved its highest operating profit margin in five quarters at 5.89% and an operating profit of Rs 9.32 crore, net sales fell to Rs 158.29 crore, the lowest in the same period. Additionally, interest expenses rose significantly, indicating increased borrowing costs.

Read More

View All News