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SPINNING MILLS
Textile sector: Time for a relook as tariff tantrum may soon be history? 5 textile stocks with upside potential of up to 27%The Indian textile and apparel sector has had a stressful year. The US tariffs disrupted orders to the sector’s largest market, squeezed ma...
Cotton prices down 3% on import duty suspension, may slide moreIndia has suspended its 11% import duty on cotton until October. This move has immediately reversed the recent rally in cotton prices, with...
Ahead of Market: 10 things that will decide stock market action on FridayDomestic equity benchmarks ended marginally lower for a second consecutive session as weakness in financial, IT and energy shares offset ga...
Govt in 'advanced stage of consultation' on industry's demand for cotton import duty removalThe Indian government is actively considering removing the 11 percent customs duty on raw cotton imports. Ministries are in advanced talks ...
Apparel industry representatives meet Vice President, seek removal of 11 pc import duty on cottonApparel industry representatives met Vice President C P Radhakrishnan and other ministers, urging the removal of an 11% import duty on cott...
Textile industry seeks removal of cotton import dutyIndia's textile sector faces challenges from high cotton prices and declining production. The industry is urging the government to cut impo...
Gujarat: VGRC to open new doors of opportunities in Surat's textile sectorThe Vibrant Gujarat Regional Conference will accelerate industrial growth in South Gujarat. This event aims to attract investments, connect...
Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...
War hits Indian factories, but yarn makers spin export boom to ChinaIndian cotton yarn factories are increasing output to meet unprecedented demand from China. Disruptions from the Middle East war have impac...
Southern spinning mills seek government relief amid global recessionSpinning mills from Tamil Nadu, Andhra Pradesh, and Telangana, contributing 55% of the country's spinning capacity, have urged the central ...
Anil Kumar Goel's latest pick hits upper circuitAccording to the company's latest shareholding data submitted to BSE, Anil Kumar Goel held 8,56,000 equity shares, or 2.37 per cent stake, ...
Spinning mills of North India considering cutting back productionThe decision to take this extreme step has come as a result of excess spinning capacity in the country and poor demand for yarn from overse...
- Buy Nahar Spinning Mills Ltd., target Rs 130 : Nirmal Bang Securities
Nahar Spinning is a low beta stock (0.84) and is trading well above its 50-day, 100-day and 200-day moving average of Rs 112.7 Rs 102.51 an...
- Low cotton prices, weak rupee to help spinning mills
Spinning mills are expected to do well in the coming quarters due to low cotton prices and an almost depleting inventory of textile compani...
- Spinning mills companies: Enter now and enjoy the good times soon
Spinning mills companies would begin to see increased earnings in September quarter, which will continue till the end of this fiscal.
- Nahar Spinning likely to report loss for this quarter: MD
In an interview with ET Now, Dinesh Oswal, MD, Nahar Spinning Mills, shares his outlook for the textile sector. Excerpts:
- Textile companies: Better prices, demand to benefit yarn producers
Increasing cotton prices may hamper textile companies’ earnings growth. Yarn producing companies, however, may be able to tackle the rising...
- Suryavanshi Mills targets Rs 500-cr revenue by 2013-14
Suryavanshi Spinning Mills is eyeing Rs 500-crore revenues by 2013-14 and has planned a total capex of around Rs 130-crore to fuel its expa...
- Buy Suryajyoti Spinning: Prakash Diwan
I believe the stock will be in a very strong position. Buy into this with a 25-30% upside.
- Suryaamba Spinning Mills lists at Rs 31 on BSE
Suryaamba Spinning Mill on Thursday got listed at Rs 31 on the Bombay Stock Exchange pursuant to its demerger from Suryalata Spinning Mill ...