Vardhman Textiles

Digital arrest and Rs 7 crore heist: How Vardhman Group head was tricked

The fraudsters used fake court orders and impersonated the Chief Justice of India to convince Oswal he was part of a money laundering investigation

Vardhman Textiles Q1FY24 result: Net profit falls 58% YoY to Rs 136 crore

The total income for Q1FY24 came in at Rs 2,412.57 crore, compared to Rs 2,831.79 crore YoY, falling 14.8 per cent

High cotton prices, dull demand to keep textile stocks in check: Analysts

With cotton prices at home on the higher end versus global markets, analysts believe that the disparity is affecting India's global competitiveness in the near-term

Softening cotton prices turning tides in favor of textile players: Analysts

Increased capacity utilisation, softening cotton prices set to help sector: Analysts

High cotton prices to spoil apparel stocks' outlook in near-term: Analysts

At the bourses, shares of textile stocks like KPR Mills, Welspun India, and Vardhman Textiles have tumbled up to 45 per cent so far this year.

Stocks to watch: Infosys, RIL, ICICI Bank, YES Bank, Glenmark, Tata Motors

Stocks to watch today: Axis Bank, Tata Steel will report their June quarter 2022 results (Q1FY23) on Monday, July 25; Infosys delivered net profit for Q1 below street expectations at Rs 5,360 crore.

Vardhman Textiles Q1 reports net profit of 4.13% to Rs 313.35 crore

The gross revenue of the company is Rs 2,731.01 crore which is higher by 44.25 per cent over the corresponding quarter of the FY22

Firm cotton prices to keep yarn-spinning stocks in check: Analysts

Analysts expect that the inflated cotton prices will continue to haunt small-sized yarn spinners during the first half of FY23 (H1-FY23). However, a good monsoon season can paint a different story

Textile shares rally on improved outlook; Sangam, Vardhman hit new highs

According to rating agency CRISIL, the domestic textile industry is firmly on course to recover in fiscal 2022 on the back of reopening of businesses, educational institutions and retail outlets.

Vardhman Textiles gets directive from HP State Pollution Control Board

The firm got an order from Himachal State Pollution Control Board directing it to stop part of the dyeing process which leads to the generation of 'category-IV' effluent in 3 units located at Baddi

Vardhman Textiles gains as board approves share buyback proposal

The stock rallied 7% to Rs 1,108 after the board approved a buyback of 6.13 million equity shares for Rs 1,175 per share

Vardhman Textiles surges on share buyback plan

The stock hit new high of Rs 1,117, up 16% after the company said that its board will meet on Sep 24, to consider share buyback proposal.

Vardhman Textiles dilutes 40% in Vardhman Yarns and Threads

The proceeds from the stake sale would be used for expansion purpose in yarn and fabric manufacturing

Vardhman Textiles' Q4 net rises two-fold at Rs 217.49 cr

The firm also announced sale of 40% stake in joint venture firm Vardhman Yarns and Threads to its partner A&E Global.