Modern Threads (I) Ltd

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MODTHREAD •
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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
229.51% Gain from 52W Low
3.5
TTM PE Ratio
Below industry Median
9
Price to Book Ratio
Above industry Median
1.8
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is negative
-0.1
RSI
RSI is mid-range
51.7
MFI
MFI is mid-range
33

Modern Threads (I) Ltd shareholding Pattern

Promoter
65.1%
Public
22.7%
Promoter
65.1%
Public
22.4%
Promoter
65.1%
Public
21.9%
Promoter
65.1%
Public
21.9%
Promoter
65.1%
Public
21.9%
Promoter
65.1%
Public
21.9%
Foreign Institutions
1.3%
Foreign Institutions
1.3%
Foreign Institutions
1.3%
Foreign Institutions
1.3%
Foreign Institutions
1.3%
Foreign Institutions
1.3%

Modern Threads (I) Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
6
Bearish Moving Averages
7
5Day EMA
67.60
10Day EMA
67.80
12Day EMA
67.50
20Day EMA
66.30
26Day EMA
65.40
50Day EMA
62.50
100Day EMA
57.60
EMA
NaN
5Day SMA
68.20
10Day SMA
69.10
20Day SMA
66.80
30Day SMA
62.90
50Day SMA
62.40
100Day SMA
58.50
SMA
NaN
SMA
NaN
Delivery & Volume
Resistance & Support
65.34
Pivot
Resistance
First Resistance
66.63
Second Resistance
67.38
Third Resistance
68.67
Support
First Support
64.59
Second support
63.30
Third Support
62.55
Relative Strength Index
51.69
Money Flow Index
33.04
MACD
2.12
MACD Signal
2.42
Average True Range
3.03
Average Directional Index
23.37
Rate of Change (21)
13.20
Rate of Change (125)
0.00
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
BSL Ltd.
208.71
155.95
238.9
Shiva Texyarn Ltd.
-
-
-
T T Ltd.
252.58
73.2
132.5
Vardhman Polytex Ltd.
242.07
4.89
12.3
Aarnav Fashions Ltd.
-
-
-
Modern Threads (India) Ltd.
-
-
-
AB Cotspin India Ltd.
-
-
-

Modern Threads (I) Ltd Company background

Founded in: 1980
Managing director: Rajesh Ranka
Incorporated in Aug.80, Modern Threads (I) Ltd commenced operations in Jan.82 at its plant located in Raila, Bhilwara district, Rajasthan. It was jointly promoted by the Rajasthan State Industrial Development Investment Corporation (RIICO) and H S Ranka for manufacturing industrial yarn and sewing thread. The company has since diversified into the manufacture of synthetic blended grey, dyed and fancy yarn.The Company is one of the biggest manufacturers and exporters of wool and blended worsted yarn from India. Modern Woollens Division is having plant at Bhilwara, Rajasthan, as manufacturers and exporters of wool and blended worsted yarn from India. Modern Threads Division is also having its plant at Raila, District Bhilwara, Rajasthan. In Sep.94, the Woollen divisions of Modern Woollens and Suneel Textile Mills were merged with the company. In Feb.95, it came out with a rightscumpublic issue to set up a unit under the EPCG scheme (inst. cap. : 25334 spindles) to manufacture synthetic blended grey, dyed and fancy yarn and increase the existing facilities from 23,888 spindles to 25,808 spindles.Companys threads division was awarded the ISO 9002 certification by the BIS (Bureau of Indian Standards) for the manufacture and supply of polyester viscose and blended yarn. Company has been awarded higher export performance award for WOOL TOPS and second highest export Performance award in WORSTED YARN from Wool and Woolen Export Promotion Council. The company new project to manufacture Paraxylene (PX) and Purified Terephthalic Acid (PTA), at Bharuch, Gujarat, in technical collaboration with UOP Inter Americana U.S.A. for PX and INCA International, a Subsidiary of DOW Chemicals, U.S.A. for PTA could not be implemented as per schedule and now the company has decided to shelve the project for the time being.During 19992000, the accumulated losses of the company have resulted in erosion of more than 50% of its peak net worth and hence making it potentially sick company and proposes to report the fact of such erosion to the BIFR. The reference is now under consideration.The Company doubled the production capacity of all wool and wool blended worsted yarn in 2006.In 2014, about 1000 spindles were added with balanced preparatory machines to enhance yearly production capacity of worsted yarn from 1700 tons to 2100 tons. The Company started manufacturing exporting RWS (Responsible Wool Standard) GRS (Global Recycled Standard) products supplying sustainable yarn in global market in 2021.
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Modern Threads (I) Ltd FAQs

Modern Threads (I) Ltd shares are currently priced at 65.4 on NSE and 65.87 on BSE as of 7/16/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Modern Threads (I) Ltd [MODTHREAD] share was 0. The Modern Threads (I) Ltd [MODTHREAD] share hit a 1-year low of Rs. 21 and a 1-year high of Rs. 75.5.

The market cap of Modern Threads (I) Ltd is Rs. 227.46 Cr. as of 7/16/2024 12:00:00 AM.

The PE ratios of Modern Threads (I) Ltd is 9.01 as of 7/16/2024 12:00:00 AM.

The PB ratios of Modern Threads (I) Ltd is 1.77 as of 7/16/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.05% at the end of 7/16/2024 12:00:00 AM.

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