Support and Resistance Levels
Past performance
About Ambika Cotton Mills Ltd Ambika Cotton Mills Limited (ACML), founded by P K Ganeshwar, M Rathanasamy, and P V Chandran, specializes in the production and sale of specialty cotton yarn, serving premium shirt and t-shirt manufacturers. Established in 1988 and publicly traded since 1994, ACML operates with a spindle capacity of 109,872 and a knitting facility converting 40,000 kg of yarn daily into fabrics. The company has strategically integrated sustainability into its operations with a 27.4 MW wind power capacity for its Tamil Nadu-based plants.
ACML has consistently expanded its operations through strategic investments in modern machinery and facilities, including the installation of compact spinning systems and autoconers. Significant projects include the expansion of Unit III and Unit IV, enhancing spindle capacity and wind energy capabilities. The company has modernized its processes with a focus on efficiency and environmental sustainability, making it a key player in the textile industry.