Suryalakshmi Cotton Mills Ltd. (SURYALAXMI) Share Price Falls 12.29% Today

Suryalakshmi Cotton Mills Ltd. Share Price fell 12.29% to Rs 51.75 today, with a market cap of Rs 116.57 crore.

Suryalakshmi Cotton Mills Ltd. Share Price experienced a significant decline today, falling by 12.29% to close at Rs 51.75. This sharp drop in price positions the company within the Micro Cap category, with a market capitalisation of Rs 116.57 crore.

Despite the absence of a clear company-specific catalyst, the price fall has drawn attention to Suryalakshmi Cotton Mills Ltd. Share Price, prompting investors to examine the underlying factors contributing to this movement. As a player in the Textile sector, the company's performance today may reflect broader market trends or sector-specific challenges.

Suryalakshmi Cotton Mills Ltd. (SURYALAXMI) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 51.75
Previous Close	Rs 59
Today's Change	Rs -7.25 (-12.29%)
Day Open	Rs 51.75
Day High	Rs 51.75
Day Low	Rs 51.75
Current Volume (BSE)	11
BSE Traded Volume	11
NSE Traded Volume	629
Combined NSE + BSE Volume	640
Turnover	Rs 0 crore
Market Capitalisation	Rs 116.57 crore
Market Cap Category	Micro Cap

Suryalakshmi Cotton Mills Ltd. (SURYALAXMI) traded at Rs 51.75. versus the previous close of Rs 59, a fall of 12.29%. The stock opened at Rs 51.75, reached Rs 51.75, touched Rs 51.75. Reported volume was 11.

Suryalakshmi Cotton Mills Ltd. (SURYALAXMI) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 116.57 crore
P/E Ratio	35.62x
P/B Ratio	0.41x
ROE	-0.15%
ROCE	5.83%
EPS	Rs 1.66
Dividend Yield	0%

Suryalakshmi Cotton Mills Ltd. was valued at a P/E ratio of 35.62x, a P/B ratio of 0.41x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of -0.15% and ROCE of 5.83%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs 1.66, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

From a fundamental perspective, Suryalakshmi Cotton Mills Ltd. presents a mixed picture. With a market capitalisation of Rs 116.57 crore, the company operates within the Textile sector. The price-to-earnings (P/E) ratio stands at 35.62, which is significantly higher than the sector median of 17.13, indicating a potentially overvalued position relative to its peers.

The price-to-book (P/B) ratio of 0.41 suggests that the stock is trading below its book value, which could be attractive to value investors. However, the return on equity (ROE) is negative at -0.15%, reflecting challenges in generating returns on shareholder equity. The return on capital employed (ROCE) is 5.83%, below the sector median of 7.42%, indicating room for improvement in capital efficiency.

The company's earnings per share (EPS) is Rs 1.66, with no dividend yield, highlighting a focus on reinvestment rather than shareholder payouts. These fundamental metrics suggest that while the stock may offer value opportunities, investors should be cautious of its profitability challenges.

Sector and Industry Context

Metric	Value
Sector	Textile
Industry	Textile
Benchmark Scope	same industry
Company P/E Ratio	35.62x
Benchmark Median P/E	17.13x
Benchmark Average P/E	79.77x
Benchmark P/E Range	0.74x to 1,966.51x
Company P/B Ratio	0.41x
Benchmark Median P/B	1.13x
Company ROE	-0.15%
Benchmark Median ROE	4.03%
Company ROCE	5.83%
Benchmark Median ROCE	7.42%
Company Market Capitalisation	Rs 116.57 crore
Benchmark Median Market Cap	Rs 89.13 crore

Suryalakshmi Cotton Mills Ltd. (SURYALAXMI) is classified under sector: Textile and industry: Textile.

Suryalakshmi Cotton Mills Ltd. (SURYALAXMI) has a P/E ratio of 35.62x, which is above the benchmark median of 17.13x, a difference of +107.94%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Suryalakshmi Cotton Mills Ltd. (SURYALAXMI) has a ROE of -0.15%, which is below the benchmark median of 4.03%, a difference of -103.72%. Suryalakshmi Cotton Mills Ltd. (SURYALAXMI) has a ROCE of 5.83%, which is below the benchmark median of 7.42%, a difference of -21.43%.

Track today's top decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

Suryalakshmi Cotton Mills Ltd. operates within the Textile sector, which comprises 205 companies in the same industry. The company's P/E ratio of 35.62 is above the sector median of 17.13, suggesting a higher valuation compared to its peers. The sector's P/B ratio median is 1.13, with Suryalakshmi trading at a lower P/B of 0.41, indicating potential undervaluation on a book value basis.

The sector's average ROE is 3.85%, with Suryalakshmi's ROE at -0.15%, highlighting underperformance in generating shareholder returns. The ROCE for the sector averages 9.34%, with Suryalakshmi's ROCE at 5.83%, indicating lower capital efficiency.

Overall, the Textile sector presents a diverse range of valuations and performance metrics, with Suryalakshmi Cotton Mills Ltd. positioned at the lower end in terms of profitability. Investors should consider these sector dynamics when assessing the company's market position and potential growth opportunities.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Sangam (India) Ltd.	SANGAMIND	3,081.12	25.38	2.76	22.64	18.82
Kitex Garments Ltd.	KITEX	2,919.68	489.89	2.81	8.12	11.37
Jindal Poly Films Ltd.	JINDALPOLY	2,737.09	0	0.68	35.18	32.23
Sportking India Ltd.	SPORTKING	2,678.68	16.58	2.25	27.77	18.56
S.P. Apparels Ltd.	SPAL	2,597.22	26.18	2.8	7.98	10.01

Suryalakshmi Cotton Mills Ltd. (SURYALAXMI) has a P/E ratio of 35.62x compared with the displayed peer median of 25.38x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of -0.15% compares with a peer median of 22.64% across the companies shown in the table. ROCE stood at 5.83% versus the displayed peer median of 18.56%, providing a capital-efficiency comparison. Suryalakshmi Cotton Mills Ltd. (SURYALAXMI) has a market capitalisation of Rs 116.57 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

When compared to its peers, Suryalakshmi Cotton Mills Ltd. exhibits distinct characteristics. Sangam (India) Ltd. has a P/E of 25.38 and a market cap of Rs 3081.12 crore, while Kitex Garments Ltd. boasts a high P/E of 489.89 and a market cap of Rs 2919.68 crore. Jindal Poly Films Ltd. has a P/B of 0.68, with a market cap of Rs 2737.09 crore.

Suryalakshmi's P/E of 35.62 is higher than Sangam (India) Ltd. and Sportking India Ltd., but lower than Kitex Garments Ltd. The company's P/B of 0.41 is lower than most peers, indicating potential undervaluation. However, its negative ROE and lower ROCE suggest challenges in profitability compared to peers like Sportking India Ltd. and Dollar Industries Ltd.

Why Investors Are Watching Suryalakshmi Cotton Mills Ltd.

Investors are closely monitoring Suryalakshmi Cotton Mills Ltd. due to its recent price fall and its position within the Textile sector. The stock's valuation metrics, technical indicators, and fundamental challenges provide a complex picture for potential investors.

• Price Action: Significant 12.29% decline today.
• Technical Position: Trading below key moving averages.
• Fundamental Context: High P/E, low P/B, negative ROE.
• Sector Positioning: Below sector median in profitability.

Investors should continue to monitor the company's performance, sector trends, and any potential catalysts that may influence its share price in the future.

About Suryalakshmi Cotton Mills Ltd.

Suryalakshmi Cotton Mills Ltd. is a prominent player in the Textile industry, focusing on the production and distribution of cotton yarn and fabrics. The company operates across various segments, catering to both domestic and international markets. Its product portfolio includes a range of textile products, serving diverse customer needs.

With a strong presence in the Textile sector, Suryalakshmi Cotton Mills Ltd. leverages its expertise in manufacturing and innovation to maintain its competitive edge. The company's strategic initiatives and focus on quality have positioned it as a key player in the industry, despite the challenges it faces in profitability and market dynamics.

Track Suryalakshmi Cotton Mills Ltd. Share Price on Univest

Use Suryalakshmi Cotton Mills Ltd. (SURYALAXMI) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners lists and related market analysis.

Investors can track Suryalakshmi Cotton Mills Ltd. Share Price, along with live technical indicators, fundamental ratios, and market insights on Univest. Stay updated with the latest price movements, shareholding patterns, and sector performance to make informed investment decisions.

Frequently Asked Questions

How does Suryalakshmi Cotton Mills Ltd. compare to its peers?

Ans. Suryalakshmi Cotton Mills Ltd. has a higher P/E ratio than some peers but a lower P/B ratio, indicating potential undervaluation. Its profitability metrics are weaker compared to peers like Sportking India Ltd.

What is the market capitalisation of Suryalakshmi Cotton Mills Ltd.?

Ans. Suryalakshmi Cotton Mills Ltd. has a market capitalisation of Rs 116.57 crore, placing it in the Micro Cap category within the Textile sector. The company operates in the Textile sector.

What is the sector context for Suryalakshmi Cotton Mills Ltd.?

Ans. The Textile sector includes 205 companies. Suryalakshmi's P/E is above the sector median, while its ROE and ROCE are below sector averages, indicating underperformance. The stock belongs to the Textile sector.