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SPINNING MILLS COMPANIES
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...
- 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...
- 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...
- Vardhman Textiles increases capital expenditure outlay to Rs 750 crore for FY13The stocks of cos such as Nahar Spinning Mills, Sangam India, RSWM, and Sutlej Textiles have given returns in the range of 15-30% in the la...
- Textile sector: Spinners make most of favourable pitchFirm yarn prices will continue to benefit spinning mills at a time when the demand in the textile industry is subdued.This puts spinning co...
- BSE to shift 19 stocks to 'T' segmentAccording to the BSE, the exchange has shifted 19 stocks to the trade-to-trade segment with effect from August 21.
- Nakoda: Increasing cotton yarn prices, sustained demand result in encouraging Q1 resultsValuations of small-size spinning mills company Nakoda are quite attractive at present market. This is due to the company's low interest ex...
- 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.
- Low cotton prices, weak rupee to help spinning millsSpinning 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 soonSpinning mills companies would begin to see increased earnings in September quarter, which will continue till the end of this fiscal.
- Textile companies: Better prices, demand to benefit yarn producersIncreasing cotton prices may hamper textile companies’ earnings growth. Yarn producing companies, however, may be able to tackle the rising...
- Suryaamba Spinning Mills lists at Rs 31 on BSESuryaamba Spinning Mill on Thursday got listed at Rs 31 on the Bombay Stock Exchange pursuant to its demerger from Suryalata Spinning Mill ...
- Suryajyoti Spinning up 5%Shares of Suryajyoti Spinning Mills were up 5.58 per cent Monday after the promoters increased their stake through creeping acquisition.
- Nahar Spinning shelves Rs 233-cr project in MPPunjab-based Nahar Spinning Mills has decided to put on hold its plans to set up a manufacturing plant at a cost of Rs 233 crore in Madhya ...
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