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...

Indian cotton yarn factories are increasing output to meet unprecedented demand from China. Disruptions from the Middle East war have impac...

The government's decision to remove Quality Control Orders on polymer and fibre intermediates will lower raw material costs for India's rea...

ICRA predicts the domestic cotton spinning industry will recover in FY2025, with 6-8% growth driven by increased volume and mild realisatio...

Besides recovery in domestic order, robust growth in export demand has also supported volumes, it added. Large and mid-scale spinning compa...

Indian cotton spinners are riding high on strong demand and realisations and have reported multi-year high operating profits in the past fo...

Demand for the downstream products viz. fabrics, apparels and home textiles, has been sluggish beginning March 2020.

India exports roughly one-third of its cotton yarn production every year.

Notwithstanding the volatility in Indian rupee against the US dollar during the current year, the sharp rupee depreciation between July and...

ICRA believes that the crop quantity and quality is unlikely to be impacted considerably because of the aforesaid concerns and the arrivals...

Spinners’ contribution levels have remained under continued pressure averaging at ~Rs. 75/ kg in the past 15 months, ~7% lower than the ave...

The plant is fully automated with 1,00,000 spindles holding a manufacturing capacity of 22,000 tonnes per annum and is spread across 25 acr...

SISPA have decided not to sell or deliver yarns for one week to avoid the traders from creating a situation to source yarn at lower prices.

The sector would maintain an overall stable outlook led by stable spinning margins in the range-bound cotton prices and favourable domestic...

After a drop in yarn production in FY12, following low demand from the textile sector due to high prices, the output is likely to pick up i...

Increasing cotton prices may hamper textile companies’ earnings growth. Yarn producing companies, however, may be able to tackle the rising...

The impact of the rupee rise has started travelling down the value chain.