Searched for
COTTON SPINNERS
Textile stocks to rally? Emkay sees sector at inflection point to regain lost glory, initiates 'Buy' call on 3 stocksIndia’s textile sector is nearing an inflection point and could regain lost global market share, according to Emkay Global. The brokerage i...- 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...
- NCLAT sets aside CCI's Rs 301.6-cr penalty on Grasim Industries, directs fresh hearingThe appellate tribunal NCLAT has overturned a Rs 301.6-crore penalty against Grasim Industries. The fair trade regulator CCI must now hear ...
- India's cotton yarn industry set for 7-9% revenue growth driven by export rebound and domestic demandIndia's cotton yarn sector anticipates significant revenue growth. Crisil Ratings projects a 7-9% increase this fiscal year. This growth is...
- Inflation, uncompetitive prices hurting Indian cotton spinners: ICRAICRA expects its sample set of spinners to report some moderation in performance in FY2023 from FY2022 levels, while the OPM is expected to...
- Lower capex to have slight impact on credit profiles of cotton yarn spinners: CrisilBetween April and August this year, India’s cotton yarn export volume plunged 58% on-year, leading to moderation in capacity utilisation of...
- Cotton spinners likely to report double-digit growth in revenues in FY22: ReportBesides recovery in domestic order, robust growth in export demand has also supported volumes, it added. Large and mid-scale spinning compa...
- ICRA expects large/mid-scale spinning companies to report double-digit growth in revenue in FY22Indian cotton spinners are riding high on strong demand and realisations and have reported multi-year high operating profits in the past fo...
- Covid-19 pandemic delays recovery prospects for domestic spinners: IcraDemand for the downstream products viz. fabrics, apparels and home textiles, has been sluggish beginning March 2020.
- ICRA maintains 'negative’ outlook on domestic cotton amid weak demandIndia’s cotton yarn export quantity fell by 35 per cent YoY during H1 FY2020.
- Uncompetitive prices, weak exports to dent cotton spinners' profitability: IcraIndia exports roughly one-third of its cotton yarn production every year.
- Rising cotton prices to shrink operating margins of cotton yarn spinners, says CRISILCRISIL thinks that lower cotton production is expected to shrink India’s cotton stock to a two-year low of 1.2 months by the end of CS 2019.
- Cotton spinners record healthy recovery in profits as export demand surgesNotwithstanding the volatility in Indian rupee against the US dollar during the current year, the sharp rupee depreciation between July and...
- With improving domestic cotton demand, spinners set for performance recovery in Q4 FY2018Besides the demand-side pressures, consistently high cotton fiber prices have also been a cause of worry for the domestic spinners.
- Yarn spinners likely to see gradual recovery in performance in FY18: ICRAICRA believes that the crop quantity and quality is unlikely to be impacted considerably because of the aforesaid concerns and the arrivals...
- Spinners face challenging times; improved cotton crop to provide some succour: ICRASpinners’ contribution levels have remained under continued pressure averaging at ~Rs. 75/ kg in the past 15 months, ~7% lower than the ave...
- Weak demand, high prices likely to hurt domestic cotton spinners: ICRAThe growth in spun yarn production slowed further to 1.1% in H1 FY2017 from the slowest growth in four years (3.2%) witnessed in FY2016.
- ITC to promote sale of African cotton in Asian countriesThe International Trade Centre, is looking at an opportunity to establish direct linkage between ginner in Africa and buyers in India.
- Cotton farmers to suffer from fibre securityIndia has shut its open cotton economy in the name of “fibre security”. But while food security helps us all, fibre security would only pro...
- High price spoils cotton partyFailing to rein in the skyrocketing prices of cotton, a section of the Indian textile industry could just shun the commodity in 2008-09 and...
Load More
