A B Cotspin India Ltd shares jump 2.95% as Receipt of an Order worth Around 10.17 Crores Approx. of Cotton Yarn
Why did A B Cotspin India Ltd shares jump today?
A B Cotspin India Ltd shares witnessed significant buying interest today, jumping 2.95% to trade at ₹223.0 per share as of 12:19 PM on Wednesday. The sharp uptick in the stock price was driven by a positive business development announced by the company.
In a filing with the stock exchanges, the company informed that it has received domestic orders for the supply of cotton yarn worth approximately ₹10.17 crore. This substantial order from a domestic buyer provides a clear visibility of revenue and reflects a healthy demand for the company's products in the market. The announcement was made in compliance with SEBI regulations, detailing the order received by the company.
The management stated that the orders are expected to be executed within 2-3 months from the date of receipt. This new contract is likely to contribute to the company's topline in the upcoming quarters, signaling robust operational activity and strengthening investor confidence in its business prospects.
What does A B Cotspin India Ltd do?
A B Cotspin India Limited is a company engaged in the business of supplying cotton yarn. It has received a significant domestic order valued at approximately Rs. 10.17 Crore for this product, which is scheduled for execution within a two to three-month period.
The company is a publicly listed entity on major Indian stock exchanges. Its shares are listed on the National Stock Exchange of India under the symbol ABCOTS and on the BSE Limited with the scrip code 544522. The firm's corporate affairs are managed by its Managing Director, Deepak Garg.
A B Cotspin India Ltd Financials
In CroresA B Cotspin India Ltd's revenue showed a strong upward trend, growing from ₹77.23 crore in December 2025 to ₹104.22 crore in March 2026. However, profitability moved in the opposite direction, with profit declining from ₹3.27 crore in December 2025 to ₹1.96 crore in March 2026, indicating an inverse relationship between the top-line growth and bottom-line performance for this period.
A B Cotspin India Ltd Shareholding Pattern
Promoter holding stands at 52.5% of the total share capital. Foreign Institutional Investors (FIIs) hold 0.12% stake in the company, while Domestic Institutional Investors (DIIs) hold 0.0%. Public shareholders hold the remaining 47.4% stake in A B Cotspin India Ltd.
A B Cotspin India Ltd FAQs
Q: Why did A shares jump 2.95% today?
Receipt of an Order worth Around 10.17 Crores Approx. of Cotton Yarn. This corporate action caught investor attention, leading to increased trading activity in the stock.
Q: What is the shareholding pattern of A B Cotspin India Ltd?
As per the latest data, promoters hold 52.5% stake in A B Cotspin India Ltd, while FII holding stands at 0.12%. Domestic institutional investors hold 0.0%, and public shareholders account for 47.4% of the equity.
Q: What is the current stock price of A B Cotspin India Ltd?
A B Cotspin India Ltd shares are currently trading at ₹223.0, recording a gain of 2.95% from the previous close.
Q: What is the market capitalization of A B Cotspin India Ltd?
The company currently has a market capitalization of ₹489.79 crore, reflecting its valuation in the Indian equity market.