Varvee Global jumps on bagging purchase order worth Rs 12.08 crore
Varvee Global is currently trading at Rs. 72.60, up by 3.84 points or 5.58% from its previous closing of Rs. 68.76 on the BSE.
The scrip opened at Rs. 70.12 and has touched a high and low of Rs. 74.30 and Rs. 68.36 respectively. So far 20077 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 98.50 on 21-Aug-2025 and a 52 week low of Rs. 44.25 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 74.30 and Rs. 58.06 respectively. The current market cap of the company is Rs. 366.88 crore.
The promoters holding in the company stood at 65.63%, while Institutions and Non-Institutions held 1.31% and 33.06% respectively.
Varvee Global has bagged a significant purchase order valued at around Rs 12.08 crore. The order comprises the supply of nearly 9 lakh meters of suiting fabrics and highlights the company's growing presence in value-added textile segments.
Scheduled for execution over the next three months, the order further strengthens the company's order book and enhances revenue visibility. The development reflects continued customer confidence in Varvee Global's manufacturing capabilities, product quality, and execution excellence while reinforcing its position in the suiting and shirting fabric market.
The order is aligned with the company's strategic focus on expanding its non-denim textile business and increasing its presence across higher-value fabric categories. Through continuous investments in product development, customer relationships, and operational efficiencies, Varvee Global remains focused on driving sustainable growth and creating long-term value for stakeholders.
