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YARN CAPACITY EXPANSION
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...
- Secular, cyclical or war-dependent: A ratio to tell you what kind of growth you are buying. 6 stocks with upside potential of up to 29%Some valuation ratios are used because they are easy. The PE ratio is one of them. It is simple, familiar, and convenient. Not only for the...
- US Section 301 probe: India textile body TEXPROCIL pushes back on USTR excess capacity allegationsTEXPROCIL has responded to US investigations on excess manufacturing capacity and forced labor. The Indian textile body rejects these claim...
- RSWM Ltd to invest Rs 315 crore for expansion of Rajasthan unitThe company supplies high-quality yarn to 90 countries globally. The decision to expand capacity comes due to the growing demand for cotton...
- Polyester yarn makers to laugh all the way to the bank this year too: ReportThe revenue of the polyester yarn industry grew 60 per cent last fiscal due to massive price hikes on healthy demand. Polyester yarn is use...
- Sangam India to invest Rs 137.2 cr for expansion of manufacturing facilityThe total cost of the expansion project is funded partly by term loans of Rs 102 crore and balance Rs 35.25 crore by internal accruals. The...
- Indorama doubles spandex yarn productionAfter an investment of Rs 400 crores in early FY 2012-13, the company has now accelerated their expansion in order to meet India's growing ...
- Shri Lakshmi Cotsyn to invest Rs 1,300 crore on capacity hikeMajority of the investment will be for increasing terry towel production & rest would be for adding capacity of yarn spinning operations.
- Century Textiles to invest Rs 2,408 cr in cement verticalCentury Textiles is betting big on its cement vertical by going ahead with its capacity expansion of 4.3 million tonne at an investment of ...
- Century Textiles in line with expansion for cement verticalsCentury Textiles and Industries is betting big on its cement vertical by going ahead with its capacity expansion of 4.3 mn tonne.
- Sangam (India) completes Rs 180 crore expansion projectSangam (India) today announced that the co has completed its Rs 180 crore expansion project to double its denim capacity to 32 million metr...
- Trident Group to invest Rs 3,600 cr in manufacturing expansionOn the back of the planned expansion, the group is aiming to double its annual turnover to around Rs 9,000 crore in the next three years.
- Rajasthan Spinning & Weaving Mills to invest Rs 1,500 cr for capacity expansionRSWM plans to invest Rs 1,500 cr in capacity expansion, as it aims to become a $1 billion entity in the next five years.
- One yarn knits the worldSumeet Industries pursues a corporate vision of delivering world-class customer experience.
- POY output may rise by 20 pc on capacity expansionThe production of partially oriented yarn (POY) of polyesters, an intermediate used in making fabrics, is expected to grow by over 20 per c...
- BCCL to acquire 6.67 lakh shares in Sumeet IndustriesBennett, Coleman & Co (BCCL) has entered into an agreement to acquire 6,67,000 equity shares in Sumeet Industries.
- Mudra Lifestyle plans Rs 177 cr expansion; to float IPOGarment manufacturer Mudra Lifestyle Ltd will hit the capital market with its initial public offer to raise funds for expanding facilities ...
- Shri Govindaraja Mills lines up Rs 350 cr expansion planShri Govindaraja Mills, part of the Rs 1,000 crore Jaya Vilas Group, has lined up an expansion plan with an investment tag of Rs 350 crore.
- Century Enka plans Rs 260 cr expansionCentury Enka Limited of the B K Birla group has lined up a Rs 100 crore expansion at its Bharuch plant in Gujarat to augment production of ...
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