Loyal Textile Mills Limited (LOYALTEX.BO)
Loyal Textile Mills Limited operates in the Manufacturing - Textiles industry of the Industrials sector, headquartered in Chennai, TN, IN. The stock last traded at $217.50, down 8.50% on the session, giving a market capitalisation of $1.02B. Its beta of 0.51 implies it has historically moved less than the broad market.
Loyal Textile Mills Limited manufactures and sells yarn, woven fabric, knitted fabric, and technical clothing products for the textile and apparel industries in India. The company operates through two segments: Manufacturing and Trading. The company offers yarn products, such as raw white, mélange, and specialty yarns; a range of fabric products, including cotton, polyester blended, modal/tencel blended, viscose, and elastane fabrics; and garment products comprising corporate and work wear, hospital, hotel, and protective garments. The company also provides home textile products, including special stiches comprising merrowing, picotting, double needle, self-hem, self-piping, reverse hem, reverse piping, and jacquard hem; shopper bags; and special finishes, such as down proof, crease resistant, calendaring, silicon finish, and bio-polish finish, as well as organic cotton products. In addition, it offers face masks and personal protective equipment kits through online. The company exports its products to Asia, Europe, the Middle East, Africa, and internationally. Loyal Textile Mills Limited was incorporated in 1946 and is based in Kovilpatti, India.
Loyal Textile Mills Limited is most often compared with the following Industrials names: