Support and Resistance Levels
Past performance
About Suryalakshmi Cotton Mills Ltd Suryalakshmi Cotton Mills Ltd (SCML), part of the Suryalakshmi Group, was established in 1962 and has grown into an integrated textile company specializing in cotton and synthetic yarn, denim fabric, and branded garments. The company operates two manufacturing units in Andhra Pradesh and a garment unit, completing its value chain from yarn production to garment manufacturing. A notable feature is its 25 MW captive thermal power plant in Ramtek, Maharashtra, ensuring energy independence.
SCML is a key player in the global textile market, exporting to quality-conscious markets such as Spain, Belgium, Bangladesh, and Korea. It has invested significantly in modernization and infrastructure, including a 100% export-oriented spinning mill and a diverse range of over 3000 specialized denim variants. The company leverages cutting-edge technology and design innovation to deliver premium yarn and denim to leading fashion brands and retail chains in 29 countries, holding a 64.22% stake by its promoters.