Precot Limited (PRECOT.NS)
Precot Limited operates in the Manufacturing - Textiles industry of the Consumer Cyclical sector, headquartered in Coimbatore, TN, IN. The stock last traded at $717.15, down 7.03% on the session, giving a market capitalisation of $8.61B. Its beta of 0.15 implies it has historically moved less than the broad market.
Precot Limited, an Indian company, specializes in the manufacturing and distribution of yarn and technical textile products. Its diverse offerings include hygienic items like cotton pads and balls, exfoliating pads, cotton wool rolls and pleats, cotton spunlace rolls/tapes, and absorbent cotton fiber. Furthermore, the company provides cotton yarns and threads, which are suited for weaving, crocheting, sewing, and general textile production. These products find applications across the cosmetic, personal hygiene, and medical fields. Precot not only serves the Indian market but also exports its goods internationally. Established in 1962 and based in Coimbatore, India, the company operated as Precot Meridian Limited before adopting its current name, Precot Limited, in December 2020.
Precot Limited is most often compared with the following Consumer Cyclical names: