Laxmi Cotspin LtdNSE LAXMICOT Stock Report

Laxmi Cotspin Ltd. engages in the business of cotton processing in the textile industry. The firm is engaged in the business of cotton processing in the textile industry. The company is a manufacturer of yarn and has an existing open end and ring spinning unit to cater to the yarn markets in Maharashtra and Gujarat. The company specializes in providing varieties of cotton yarn, cotton bales, and cotton seeds. The company is engaged in the business of home textiles, weaving sector, denim manufactures and hosiery manufacturers through open end yarn and ring spun yarn. The company also manufactures 100% quality cotton combed and carded hosiery/ warp conventional, organic and better cotton initiative (BCI) yarn in count range of 10s Ne to 40s Ne for the purpose of exporting to Asian and European countries. The company has a capacity of approximately 16800 spindles with compact, lycra and slub attachment. The company has an open-end unit with approximately 3000 Rotors. Its subsidiaries include Laxmi Spintex Private Limited and Laxmi Surgical Healthcare Private Limited.