Sutlej Textiles and Industries Limited (SUTLEJTEX.BO)
Sutlej Textiles and Industries Limited operates in the Manufacturing - Textiles industry of the Consumer Cyclical sector, headquartered in Mumbai, MA, IN. The stock last traded at $37.77, down 2.63% on the session, giving a market capitalisation of $6.28B. Its beta of -0.19 implies it has historically moved less than the broad market.
Established in Mumbai, India, in 1934, Sutlej Textiles and Industries Limited is a prominent player in the textile sector, focusing on the design, manufacturing, and global distribution of textile products for the home furnishing market. The company caters to wholesalers, manufacturers, and retailers across India, Turkey, Bangladesh, the United States, Hong Kong, Singapore, and other international regions. Its business operations are structured into two primary segments: Yarn and Home Textiles. The Yarn division boasts an extensive portfolio, including recycled polyester staple fiber, cotton, and various man-made and blended yarns. This encompasses types such as viscose, acrylic, modal, tencel, cotton mélange, cone-dyed yarns, and blends like polyester/viscose, polyester/cotton, and acrylic/cotton. Specialized yarn offerings extend to micro-polyester, micro-acrylic, low-piling, carpet backing, ready-to-dye, cationic dyeable, bamboo, and soy milk fiber varieties. Within its Home Textiles segment, Sutlej produces items like readymade curtains, cushion covers, shams, throws, quilts, and chenille products. Furthermore, the company provides a range of advanced fabric finishes, including fire retardant, bio and aroma treatments, Scotchgard, insect and soil repellent, airo, and deca finishes.
Sutlej Textiles and Industries Limited is most often compared with the following Consumer Cyclical names: