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VISCOSE STAPLE YARN
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 33%, according to analystsThis is easy to say, but difficult to actually implement: As an investor, make a distinction between the day-to-day movement of indices and...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsFor the next few weeks, what needs to be watched is market breadth. And also look at which sectors are leading the rally. Why? Because, at ...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Here’s a thing investors in equity need to keep in mind. A large part of the upmove one might see in the next one or two trading sessions w...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 28%There are two ways to deal with the kind of uncertainty the US-Iran war has brought to the stock market. First, you could just sit it out a...
Textiles Ministry plans duty cuts to shield industry amid West Asia crisisIn a bid to navigate the turbulent waters of global shipping issues, India's textiles ministry is advocating for lower duties on rayon pulp...
Thailand, Indonesia raise concerns at India’s QCOs on leather, textiles, restrictions on copper, tyresIndonesia and Thailand have raised concerns at the World Trade Organization about India's quality control orders. The orders cover products...
Viscose staple yarn industry revenues to grow 10-12%: CRISILRevenue of the Indian viscose staple yarn (VSY) industry is set to grow 10-12% on-year to an all-time high of over $2.5 billion this fiscal...
Grasim consolidated sales at all-time high in March quarterThe Aditya Birla group company's consolidated earnings before interest, tax, depreciation and amortization, though, grew only 5% on year at...
Grasim Industries clocks a net profit of Rs 2,032 crore in Q2 FY22Grasim’s consolidated revenue for Q2FY22 was up 26 per cent at Rs 22,564 crore. EBITDA was up 19 per cent at Rs 4,282 crore.
India removes anti-dumping duty on viscose staple fibresIn most of the competing nations, MMF and its blended textile product exports account 60 to 80% while in India, the same is below 25% mainl...
NCTC appeals to PM seeking removal of anti-dumping duty on viscose staple fibreThe representation seeks the removal of "anti-dumping duty on import of VSF to achieve global competitiveness and accomplish the target of ...
NCTC wants govt to remove anti-dumping duty on viscose staple fibreNCTC observed that “owing to the growing demand for viscose staple fibre and its blended textiles and clothing market opportunities, the de...
Grasim Industries' VSF business switch focus to exports markets in June quarter“VSF business switched focus to the export market and dedicated few production lines to cater to the export demand of specialty products. T...
Cheaper yarn imports hurting domestic textile playersOwing to the US-China trade war as well as free trade agreements with ASEAN countries that allow duty-free imports into the country.
Grasim Industries Q4 profit at Rs 1,532 croreThe company's total expenses were at Rs 18,747.22 crore during the quarter.
Aditya Birla Group to invest Rs 15,000 crore in Gujarat over 3 yearsThe group will be making these investments in various business segments ranging from textiles and chemicals to mining and minerals.
- Birla groups' acquistion of Columbian Chemicals creates value
The acquisition of US-based carbon black specialist Columbian Chemicals by the Aditya Birla Group for $875 million ( 4,016 crore) creates s...
- PSF production to grow by 13 pc in 2008-09: CMIE
The production of polyester staple fibre (PSF) in the country is expected to grow by 13 per cent in the year 2008-09, the CMIE said in its ...
- Moderate tax on man-made fibres
It is of course good if the government reduces the excise duty on man-made fibres (MMF) in the coming Budget as reported, but it would be b...
- Duties on graphite electrodes to be reviewed
The designate anti-dumping authority has initiated a 'sunset review' of duties imposed on imports of graphite electrodes from US, Austria, ...