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VARDHMAN MILLS
Explained: Why textile stocks are delivering up to 14% returns for investors on Wednesday?Textile stocks rallied sharply on Wednesday after brokerages turned bullish on the sector, citing improving global demand, favourable trade...- Motilal Oswal initiates coverage on KPR Mill, 7 other textile stocks with up to 43% upside. Own any?Motilal Oswal has initiated coverage on eight textile companies, turning bullish on Gokaldas Exports, Indo Count, Arvind Fashions, Pearl Gl...
- Ahead of Market: 10 things that will decide stock market action on FridayIndian equities ended higher for a fifth straight session, recovering early losses despite hawkish Federal Reserve comments. Banking stocks...
- 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...
- Explained: Why Gokaldas Exports, KPR Mill and other textile stocks soared up to 8% on MondayTextile stocks such as Gokaldas Exports, KPR Mill, Vardhman Textiles and Trident rallied up to 8% after the government exempted cotton impo...
- Threading Europe: India’s textile majors redraw strategy after tariff turbulenceIndian textile and apparel companies are expanding their presence in Europe and the UK. Upcoming free trade agreements are expected to boos...
- Govt extends import duty exemption on cotton till December 31; Vardhman Textiles, Gokaldas Exports' shares fallThe Central Government has extended the import duty exemption on cotton until December 31, 2025, to bolster the domestic textile sector and...
- India-UK FTA boosts textile sector, shares surge by 5-12%The landmark Free Trade Agreement (FTA) eliminates existing tariffs on textile trade between the two countries. As per an Elara Capital rep...
- Q2 may be worst quarter for textile firms; Elara prefers these 3 stocks amid gloomThe domestic brokerage said during the September quarter of FY23, cotton as well as yarn prices climbed over 60% and 23%, respectively, YoY
- Anil Kumar Goel buys stake in this microcapAs per the latest corporate shareholdings filed, Anil Kumar Goel and Associates publicly holds 34 stocks with a net worth of over Rs 1,449....
- Expect Vardhman & Arvind Mills to do better going forward: Gaurang Shah'Taking a call on Raymond on this particular news flow is not going to be very rewardable, but Vardhman and Arvind would be a better idea.'
- China policy change will hit our margins: Sachit Jain, Executive Director, Vardhman TextilesThe $ 1.1 bn co. is likely to record a squeeze in margins in the current fiscal due to a change in policy by China, says executive director...
- Midcap Mantra: Value addition, China demand spin Vardhman growthVardhman Textiles' net profit jumped more than two times to Rs 177 crore, while net sales rose by 1.2 times to Rs 1,279 crore.
- Textile stocks: Buy spinning mills, garment manufacturersIn the past six months, cotton yarn prices (40s cone) have gained close to 30% versus a meagre 4% growth in raw cotton prices.
- Vardhman Textiles' net profit for September 2012 quarter rises 95.6% to Rs 69 croreStrong improvement in margins of its fabrics, yarn segments and low cost inventory enhanced the Vardhman Textiles' net profits in the Septe...
- Focus on fabric making may prove to be a stitch in time for spinning companies like Vardhman Textiles, KPR MillsOver the past three years, there has been a marked change in the business strategy of spinning companies as high operational costs pulled d...
- Budget 2012: Little cheer for textile industryThe Budget also proposed customs duty exemption of shuttleless looms from 5% to zero, which would benefit spinning mill companies.
- Cotton exporters back in market as cotton prices declineOwing to the delayed availability of cotton crop and with farmers holding the yield, exports have been slow this year and gradually picking...
- Garden Silk is an excellent textile story: Rajesh JainRajesh Jain, Market Strategist in an interview with ET Now talks about textile stocks.
- Cotton demand sprints 20% on local buyingThe overall cotton consumption by the domestic textile players is set to touch 218-220 lakh bales or about 20% higher than last year’s cons...
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