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India's Arvind Q3 profit slumps on low sales of denim  India's textile manufacturer Arvind Ltd reported a 9.3% drop in quarterly profit on Wednesday, hurt by weak demand for denim garments. The Ahmedabad-based firm posted a net profit of 841.2 million rupees ($10.30 million) for the three months ended Dec. 31, from 927.7 million rupees a year earlier. The company, which supplies cloth to brands such as Calvin Klein, Ed Hardy, and Tommy Hilfiger, said its quarterly revenue from operations fell 12.8% to 19.80 billion rupees from las...
India's Arvind Q3 profit slumps on low sales of denim
India's Arvind Q3 profit slumps on low sales of denim
Source: Reuters
25/01/2023 1:57:54 PM
Arvind gains on incorporating wholly owned subsidiary Arvind is currently trading at Rs. 94.65, up by 1.45 points or 1.56% from its previous closing of Rs. 93.20 on the BSE. The scrip opened at Rs. 93.10 and has touched a high and low of Rs. 95.20 and Rs. 93.10 respectively. So far 35327 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 158.65 on 28-Jan-2022 and a 52 week low of Rs. 82.00 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 95.20 and...
Arvind gains on incorporating wholly owned subsidiary
Arvind gains on incorporating wholly owned subsidiary
Source: Accord Fintech
28/11/2022 11:01:14 AM
India`s Arvind posts surge in profit on festive season demand boost  India's Arvind Ltd reported a 79.7% jump in quarterly profit on Tuesday, as the textile manufacturer saw increased demand for its woven and knit products ahead of the festive season. The company, which supplies cloth for various brands, including Calvin Klein, Ed Hardy, and Tommy Hilfiger, posted net profit of 1.25 billion rupees ($15.26 million) for the three months ended Sept. 30, from 695.8 million rupees a year earlier. The Ahmedabad-based firm also said its quarterly reve...
India`s Arvind posts surge in profit on festive season demand boost
India`s Arvind posts surge in profit on festive season demand boost
Source: Reuters
8/11/2022 4:38:11 PM
Diwali Muhurat Pick 2022 : Buy Arvind Ltd and Venus Remedies Ltd - Sushil Financial Buy Arvind Ltd Diversified revenue stream and one of the largest demin manufacturer in India. Arvind Ltd is one largest denim manufacturer in India with a diversified revenue stream. The company has a presence in Denim manufacturing (~25% of total revenue in FY22), Woven division (~28% of total revenue), Garments segment (~19% of total revenue), Advanced Materials (~13% of total revenue), and other related segments. The company has a presence in domestic as well as export division. It h...
Diwali Muhurat Pick 2022 : Buy Arvind Ltd and Venus Remedies Ltd - Sushil Financial
Diwali Muhurat Pick 2022 : Buy Arvind Ltd and Venus Remedies Ltd - Sushil Financial
Source: Sushil Finance Ltd
12/10/2022 4:55:09 PM
Stock Picks - Buy Arvind Ltd For Target Of Rs. 63 - ICICI Direct Technical Observations * The stock in the last four months is seen trading in a rising channel signalling sustained demand at elevated levels. It has recently rebounded taking support at the lower band of the rising channel and 20 days EMA thus offers fresh entry opportunity with a favourable risk reward set up * The share price on Tuesday session has also generated a breakout above the last 20 days range (| 58-49) signalling strength acceleration of the up move * The breakout from t...
Stock Picks - Buy Arvind Ltd For Target Of Rs. 63 - ICICI Direct
Stock Picks - Buy Arvind Ltd For Target Of Rs. 63 - ICICI Direct
Source: ICICI Direct
10/02/2021 11:26:30 AM
Neutral Arvind Ltd For Target Rs.56 - Sushil Finance Ltd We had initiated coverage on Arvind Ltd on 9 th Jan.2020 with a buy rating. Based on last recommendation at a CMP of Rs. 33 we had a target price of 56. With the recent run up in the share price, we have achieved the target price of Rs.56 generating returns of ~69%. We advise investors to book profits in Arvind Ltd. & change our rating to NEUTRAL and close the call on the company   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer ...
Neutral Arvind Ltd For Target Rs.56 - Sushil Finance Ltd
Neutral Arvind Ltd For Target Rs.56 - Sushil Finance Ltd
Source: Sushil Finance Ltd
11/01/2021 11:30:48 AM