SSelectStock

SALONASalona Cotspin Limited

Consumer Durable · Textile Manufacturing · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Salona Cotspin Limited engages in the manufacture and sale of cotton yarn, knitted fabrics, and garments in India and internationally. It offers ring spun, compact, open end, blend, melange, slub, organic, regenagri, recycle cotton, and contamination free yarn products. The company also provides grey, dyed, and printed fabrics, as well as single jersey, interlock/double knit, single/double rib, fleece 2/3 thread, french terry, and full/mini jacquard for knitwear apparels, clothing, work, and leisure wears. In addition, it operates wind mills and solar power plants. The company also exports its products. Salona Cotspin Limited was incorporated in 1994 and is headquartered in Coimbatore, India.

260.05
1.03%
39Weak

Mkt Cap
₹137 Cr
P/E
59.6
P/B
1.6
Div Yield
0.38%
52W High
₹320.00
52W Low
₹200.00

Price & Volume

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Key Ratios

Market Cap (₹ cr)136.80
P/E59.64
P/B1.64
PEG1.26
ROE %1.90
ROCE %8.90
Debt / Equity2.26
EPS4.36
Revenue Growth %25.10
Profit Growth %47.40
Dividend Yield %0.38
Promoter Holding %78.18
FII Holding %0.00
DII Holding %
Beta0.23

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on SALONA — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 69%

Why avoid

  • Overall evidence is weak (AlgoScore 39/100)
  • ROE: 1.9%
  • ROCE: 8.9%
  • MACD: bearish
  • Price vs EMA21: below

Bull case

  • Revenue growth: 25.1% YoY
  • Profit growth: 47.4% YoY
  • Promoter holding: 78.2%
  • Price vs SMA50: above

Bear case

  • ROE: 1.9%
  • ROCE: 8.9%
  • MACD: bearish
  • Price vs EMA21: below

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Momentum is fading versus the broader market
  • ROE: 1.9%
  • ROCE: 8.9%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹260.05
Stop Loss
₹249.43
risk 4.1%
Target 1 (1.5R)
₹275.98
+6.1%
Target 2 (3R)
₹291.91
+12.3%
Support (20d)
₹251.95
Resistance (52w)
₹320.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹10.62/share
ATR (volatility)
₹13.14
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹13.14). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental49
Technical29
Momentum37
Risk (safety)42

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