Firm recovery

INVESTING INSIGHT

The stocks of companies engaged in the garments and textiles business have gained in last three months on the Bombay Stock Exchange (BSE).

Share price of Alok Industries jumped from Rs 55.65 on June 1, to today's close of Rs 61.85, up 11.14 per cent on the Bombay Stock exchange (BSE).

During the same period the stock price of APM Industries shot up from Rs 10.00 to Rs 16.00, up 60 per cent, BSL increased from Rs 23.90 to Rs 34.25 up 43.30 per cent and Dhanlaxmi Fabrics gained from Rs 10.10 to Rs 14.00, up 38.61 per cent.

Orbit Exports increased from Rs 7.60 to Rs 9.51 up by 7.93 per cent. PSM Spinning rose from Rs 5.55 to Rs 9.17, up by 65.2 per cent. Pantaloon rose from Rs 35.00 to Rs 49.00 up by 40 per cent. Raymond rose from 186.45 to Rs 222.85 up by 19.5 per cent.

Share price of Deepak Spinners gained from Rs 15.10 to Rs 21.00, up 39.07 per cent, , Faze Three increased from Rs 31.40 to Rs 35.54, up 13.18 per cent, Hind Syntex moved up from Rs 6.30 to Rs 9.25, up 46.82 per cent and Hytone Texstyles however depreciated from Rs 4.68 to Rs 3.55, down 24.14 per cent. Jaipur Polyspin moved up from Rs 5.00 to Rs 6.79 up 35.8 per cent and Kamadgiri Synthetics moved from Rs 11.60 to Rs 15.95 up by 37.5 per cent.

Reliance Chemotex rose from Rs 10.86 to Rs 12.00 and Rajasthan Spinning increased from Rs 47.25 to Rs 61.15. Siyaram Silk increased as well from Rs 80.30 to Rs 91.10 while Season Textiles minorly dropped from Rs 4.80 to Rs 4.26. Vardhman Spinning rose from Rs 146.65 to Rs 205.05 and S Kumars Nationwide rose by Rs 2 from Rs 4.29, and Garden Silk rose from Rs 41.80 to Rs 54.45.