Powered by: Motilal Oswal

News

Siyaram Silk Mills zooms on launching Cadini Italy Perfumes in India Siyaram Silk Mills is currently trading at Rs. 910.10, up by 72.80 points or 8.69% from its previous closing of Rs. 837.30 on the BSE. The scrip opened at Rs. 864.95 and has touched a high and low of Rs. 937.85 and Rs. 852.75 respectively. So far 52355 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 937.85 on 13-Dec-2024 and a 52 week low of Rs. 411.00 on 04-Jun-2024. Last one week high and low of the scrip stoo...
Siyaram Silk Mills zooms on launching Cadini Italy Perfumes in India
Siyaram Silk Mills zooms on launching Cadini Italy Perfumes in India
Source: Accord Fintech
2024-12-13 01:46:28 pm
Ashtalakshmi Mahotsav celebrates Northeast India`s vibrant textile, tourism: PM Narendra Modi Prime Minister Narendra Modi on Sunday highlighted that the Ashtalakshmi Mahotsav in Delhi celebrates northeastern India’s vibrant textile sector, tourism opportunities and traditional craftsmanship, citing an article written by Union Minister Jyotiraditya Scindia on the subject. The Prime Minister’s Office's handle in a post on X wrote: “Union Minister Jyotiraditya Scindia elaborates that Northeast India is witnessing remarkable growth through improved connectivity, ...
Ashtalakshmi Mahotsav celebrates Northeast India`s vibrant textile, tourism: PM Narendra Modi
Ashtalakshmi Mahotsav celebrates Northeast India`s vibrant textile, tourism: PM Narendra Modi
Source: IANS
2024-12-08 05:37:28 pm
Welspun Living inches up on getting nod to sell 100% stake held in Welspun Home Solutions Welspun Living is currently trading at Rs. 160.35, up by 0.30 points or 0.19% from its previous closing of Rs. 160.05 on the BSE. The scrip opened at Rs. 161.70 and has touched a high and low of Rs. 161.70 and Rs. 159.25 respectively. So far 2608 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 213.10 on 29-Aug-2024 and a 52 week low of Rs. 122.60 on 05-Jun-2024. Last one week high and low of the scrip stood at R...
Welspun Living inches up on getting nod to sell 100% stake held in Welspun Home Solutions
Welspun Living inches up on getting nod to sell 100% stake held in Welspun Home Solutions
Source: Accord Fintech
2024-12-04 09:56:40 am
Vardhman Textiles surges on getting nod to increase processed fabric capacity at Madhya Pradesh plant Vardhman Textiles is currently trading at Rs. 475.80, up by 2.80 points or 0.59% from its previous closing of Rs. 473.00 on the BSE. The scrip opened at Rs. 471.05 and has touched a high and low of Rs. 481.65 and Rs. 471.00 respectively. So far 4998 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 592.25 on 30-Jul-2024 and a 52 week low of Rs. 375.00 on 28-Dec-2023. Last one week high and low of the scrip stood a...
Vardhman Textiles surges on getting nod to increase processed fabric capacity at Madhya Pradesh plant
Vardhman Textiles surges on getting nod to increase processed fabric capacity at Madhya Pradesh plant
Source: Accord Fintech
2024-11-28 03:32:45 pm
Textiles sector turning into another key source of income for people after agriculture: Giriraj Singh Union Minister Giriraj Singh said the textiles sector is turning into another key source of income for the people after agriculture. He said 4.6 crore people in the country are employed in the sector at present, which is substantially higher than the figure before 2014, the year the BJP-headed NDA under the leadership of Prime Minister Narendra Modi formed the government at the Centre. Going by the roadmap, the number of people sustaining from the sector will reach the 6 crore mark in 2030. ...
Textiles sector turning into another key source of income for people after agriculture: Giriraj Singh
Textiles sector turning into another key source of income for people after agriculture: Giriraj Singh
Source: Accord Fintech
2024-11-24 05:26:04 pm
Suditi Industries hits upper limit on acquiring Gini & Jony Suditi Industries is currently trading at its upper limit of Rs. 20.67, up by 0.98 points or 4.98% from its previous closing of Rs. 19.69 on the BSE. The scrip opened at Rs. 20.67 and has touched a high and low of Rs. 20.67 and Rs. 20.67 respectively. So far 44489 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 23.29 on 06-Sep-2024 and a 52 week low of Rs. 11.65 on 05-Jun-2024. Last one week high and low of th...
Suditi Industries hits upper limit on acquiring Gini & Jony
Suditi Industries hits upper limit on acquiring Gini & Jony
Source: Accord Fintech
2024-11-21 03:22:29 pm
Grasim Industries rises on unveiling fourth plant of Birla Opus Paints in Mysore Grasim Industries is currently trading at Rs. 2513.00, up by 9.40 points or 0.38% from its previous closing of Rs. 2503.60 on the BSE. The scrip opened at Rs. 2499.95 and has touched a high and low of Rs. 2523.70 and Rs. 2480.70 respectively. So far 1948 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2875.45 on 26-Jul-2024 and a 52 week low of Rs. 1,938.81 on 24-Nov-2023. Last one week high and low of the scrip...
Grasim Industries rises on unveiling fourth plant of Birla Opus Paints in Mysore
Grasim Industries rises on unveiling fourth plant of Birla Opus Paints in Mysore
Source: Accord Fintech
2024-11-21 11:21:55 am
Garware Technical Fibres leads the gainers of group A on BSE Garware Technical Fibres is currently trading at Rs. 4579.05, up by 627.45 points or 15.88% from its previous closing of Rs. 3951.60 on the BSE. The scrip opened at Rs. 4129.45 and has touched a high and low of Rs. 4644.75 and Rs. 4129.45 respectively. So far 12251 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4644.75 on 18-Nov-2024 and a 52 week low of Rs. 3116.10 on 14-Mar-2024. Last one week high and low o...
Garware Technical Fibres leads the gainers of group A on BSE
Garware Technical Fibres leads the gainers of group A on BSE
Source: Accord Fintech
2024-11-18 03:43:19 pm
India`s overall textiles exports surge 11.6% in October The Confederation of Indian Textile Industry (CITI) in its report, citing government data, has said that textiles exports from India during October were about 11.56 per cent higher at $1,833.95 million, compared to the same month last year. At the same time, apparel exports registered a significant growth of 35.06 per cent during the same period October at $1,227.44 million.  It said cumulative exports of textiles and apparel in October 2024 increased by 19.93 per cent compared to Oct...
India`s overall textiles exports surge 11.6% in October
India`s overall textiles exports surge 11.6% in October
Source: Accord Fintech
2024-11-18 10:10:19 am
Technical textiles to become economic backbone of India: Giriraj Singh Union Textiles Minister Giriraj Singh on Saturday said that technical textiles will become the economic backbone of India, adding that women can contribute a great deal in handloom and handicrafts sector.  Inaugurating the textile pavilion at India International Trade Fair (IITF) in the national capital, the minister emphasised the importance of carbon fibres in the textile industry, adding that India is focusing on amplification of Technical Textiles. There are 12 verticals or sec...
Technical textiles to become economic backbone of India: Giriraj Singh
Technical textiles to become economic backbone of India: Giriraj Singh
Source: IANS
2024-11-16 06:13:14 pm
Neutral Vedant Fashions Ltd For Target Rs.1,500 By Motilal Oswal Financial Services Ltd Outperformance driven by strong SSSG *  Vedant Fashions (VFL) delivered good quarter with revenue/PAT rising 23%/37% YoY (10%/21% beat) driven by strong SSS growth of 17% YoY, lower base (-12% YoY in 2QFY24), and a favorable shift in festive dates. * Our estimates are broadly unchanged. We build in FY24-27E CAGR of 15%/17%/19% in revenue/EBITDA/PAT, mainly driven by footprint expansion and single-digit SSSG. * Demand revival in 2HFY25 on account of the festive season a...
Neutral Vedant Fashions Ltd For Target Rs.1,500 By Motilal Oswal Financial Services Ltd
Neutral Vedant Fashions Ltd For Target Rs.1,500 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-15 02:02:24 pm
Padam Cotton Yarns touches roof on getting nod to set up manufacturing, trading activities in Delh Padam Cotton Yarns is locked its upper circuit limit at Rs. 205.05, up by 4.00 points or 1.99% from its previous closing of Rs. 201.05 on the BSE. The scrip opened at Rs. 201.05 and has touched a high and low of Rs. 205.05 and Rs. 205.05 respectively. So far 29116 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 205.05 on 14-Nov-2024 and a 52 week low of Rs. 32.02 on 18-May-2024. Last one week high and low of t...
Padam Cotton Yarns touches roof on getting nod to set up manufacturing, trading activities in Delh
Padam Cotton Yarns touches roof on getting nod to set up manufacturing, trading activities in Delh
Source: Accord Fintech
2024-11-14 11:14:40 am
Centre approves 12 textile research projects worth Rs 13.3 crore The government on Tuesday approved 12 research projects worth Rs 13.3 crore under the National Technical Textiles Mission.  The 10th Mission Steering Group, under the chairmanship of Union Textiles Minister Giriraj Singh, the ministry approved 12 research projects. The research projects were approved across key strategic areas of geotextiles, sustainable and smart textiles and composites, etc. According to the ministry, the projects were proposed by eminent research bodies and i...
Centre approves 12 textile research projects worth Rs 13.3 crore
Centre approves 12 textile research projects worth Rs 13.3 crore
Source: IANS
2024-11-13 10:48:43 am
Himatsingka Seide zooms on making further investment in AMP Energy C&I Twenty Four Himatsingka Seide is currently trading at Rs. 164.95, up by 4.60 points or 2.87% from its previous closing of Rs. 160.35 on the BSE. The scrip opened at Rs. 160.05 and has touched a high and low of Rs. 169.35 and Rs. 157.35 respectively. So far 149517 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 186.60 on 14-Dec-2023 and a 52 week low of Rs. 116.00 on 13-Mar-2024. Last one week high and low of the scrip stood...
Himatsingka Seide zooms on making further investment in AMP Energy C&I Twenty Four
Himatsingka Seide zooms on making further investment in AMP Energy C&I Twenty Four
Source: Accord Fintech
2024-11-08 04:02:27 pm
New Light Apparels surges on launching new products under `Alfanjo` brand New Light Apparels is currently trading at Rs 11.19, up by 0.21 points or 1.91% from its previous closing of Rs. 10.98 on the BSE. The scrip opened at Rs. 11.19 and has touched a high and low of Rs. 11.19 and Rs. 11.19 respectively. So far 209849 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 11.19 on 07-Nov-2024 and a 52 week low of Rs. 1.50 on 23-Jan-2024. Last one week high and low of the scrip stood at Rs....
New Light Apparels surges on launching new products under `Alfanjo` brand
New Light Apparels surges on launching new products under `Alfanjo` brand
Source: Accord Fintech
2024-11-07 12:40:16 pm
India`s home textiles industry to see 6-8 pc growth this fiscal India’s home textile industry is set to witness 6-8 per cent growth this fiscal, riding on resilient demand from the US and expansion in the domestic market, according to a report on Tuesday.  Following a 9-10 per cent rebound in revenue growth last fiscal, the credit profiles of home textile companies will remain stable, supported by healthy cash accrual and moderate capital expenditure (capex) plans on the back of deleveraged balance sheets, according to the report by Crisil R...
India`s home textiles industry to see 6-8 pc growth this fiscal
India`s home textiles industry to see 6-8 pc growth this fiscal
Source: IANS
2024-11-05 02:11:13 pm
Raymond gains despite reporting 63% fall in Q2 consolidated net profit Raymond is currently trading at Rs. 1710.70, up by 24.45 points or 1.45% from its previous closing of Rs. 1686.25 on the BSE. The scrip opened at Rs. 1711.65 and has touched a high and low of Rs. 1762.30 and Rs. 1700.00 respectively. So far 19788 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3493.00 on 08-Jul-2024 and a 52 week low of Rs. 1487.00 on 01-Dec-2023. Last one week high and low of the scrip stood a...
Raymond gains despite reporting 63% fall in Q2 consolidated net profit
Raymond gains despite reporting 63% fall in Q2 consolidated net profit
Source: Accord Fintech
2024-11-05 11:22:48 am
Diwali Technical Pick 2024 : Buy Himatsingka Seide Ltd For Target Rs. 125 - Nirmal Bang Ltd Himatsingka Seide Ltd * Weekly chart suggests that stock is forming a cup & handle formation and the breakout is seen although weekly closing above the trend line will be more positive for the stock .i.e., confirmation of the breakout. * Extension suggest that once the stock closes above 162 on weekly basis. It can reach up to 216 levels in a short span. * Positive RSI Crossover is seen on the weekly charts. * Therefore, investors can buy the stock at 150 and on dips to Rs 135...
Diwali Technical Pick 2024 : Buy Himatsingka Seide Ltd For Target Rs. 125 - Nirmal Bang Ltd
Diwali Technical Pick 2024 : Buy Himatsingka Seide Ltd For Target Rs. 125 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-24 12:59:30 pm
Trident Texofab leads the gainers of group B on BSE Trident Texofab is currently trading at its upper circuit limit of Rs. 74.89, up by 12.48 points or 20.00% from its previous closing of Rs. 62.41 on the BSE. The scrip opened at Rs. 74.89 and has touched a high and low of Rs. 74.89 and Rs. 74.89 respectively. So far 262299 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 74.89 on 17-Oct-2024 and a 52 week low of Rs. 36.15 on 03-Jul-2024. Last one week high and l...
Trident Texofab leads the gainers of group B on BSE
Trident Texofab leads the gainers of group B on BSE
Source: Accord Fintech
2024-10-17 02:54:26 pm
India`s readymade garment exports surge despite global headwinds: AEPC India’s readymade garment (RMG) exports recorded high growth of 17.3 per cent despite global headwinds and continued inflationary pressure, the Apparel Export Promotion Council (AEPC) said on Thursday.  The RMG export growth in India comes as even major apparel exporting countries have witnessed a slowdown in the RMG export growth in recent months. “India is uniquely placed with the advantage of low import dependence, existence of the entire ecosystem from fibre to fash...
India`s readymade garment exports surge despite global headwinds: AEPC
India`s readymade garment exports surge despite global headwinds: AEPC
Source: IANS
2024-10-17 01:42:08 pm
Premier Polyfilm zooms on getting nod to purchase industrial land in Tamil Nadu Premier Polyfilm is currently trading at Rs. 337.00, up by 39.55 points or 13.30% from its previous closing of Rs. 297.45 on the BSE. The scrip opened at Rs. 306.95 and has touched a high and low of Rs. 344.05 and Rs. 302.65 respectively. So far 197626 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 344.05 on 15-Oct-2024 and a 52 week low of Rs. 119.85 on 23-Oct-2023. Last one week high and low of the scrip stoo...
Premier Polyfilm zooms on getting nod to purchase industrial land in Tamil Nadu
Premier Polyfilm zooms on getting nod to purchase industrial land in Tamil Nadu
Source: Accord Fintech
2024-10-15 11:54:02 am
Indo Count Industries surges as its arm acquires 100% stake in Modern Home Textiles Indo Count Industries is currently trading at Rs. 368.00, up by 6.55 points or 1.81% from its previous closing of Rs. 361.45 on the BSE. The scrip opened at Rs. 369.00 and has touched a high and low of Rs. 375.15 and Rs. 366.00 respectively. So far 5577 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 450.45 on 02-Jul-2024 and a 52 week low of Rs. 214.50 on 25-Oct-2023. Last one week high and low of the scrip sto...
Indo Count Industries surges as its arm acquires 100% stake in Modern Home Textiles
Indo Count Industries surges as its arm acquires 100% stake in Modern Home Textiles
Source: Accord Fintech
2024-10-14 10:37:06 am
India`s textiles sector projected to reach $350 billion by 2030: Centre Driven by India’s inherent strengths and a strong policy framework that encourages investment and exports, the textiles sector in the country is expected to grow to $350 billion by 2030, the Centre said on Thursday.  The textiles sector is set for significant expansion, with an 11 per cent growth in ready-made garments (RMG) of all textiles exports (year-on-year), according to Ministry of Textiles. With end-to-end value chain capability, a strong raw material base, a large ex...
India`s textiles sector projected to reach $350 billion by 2030: Centre
India`s textiles sector projected to reach $350 billion by 2030: Centre
Source: IANS
2024-10-10 05:45:18 pm
Aditya Birla Fashion inches up as its Peter England brand launches new store in Nepal Aditya Birla Fashion and Retail is currently trading at Rs. 350.00, up by 0.95 points or 0.27% from its previous closing of Rs. 349.05 on the BSE. The scrip opened at Rs. 349.00 and has touched a high and low of Rs. 351.40 and Rs. 344.95 respectively. So far 44226 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 364.50 on 27-Sep-2024 and a 52 week low of Rs. 198.45 on 13-Mar-2024. Last one week high and low of t...
Aditya Birla Fashion inches up as its Peter England brand launches new store in Nepal
Aditya Birla Fashion inches up as its Peter England brand launches new store in Nepal
Source: Accord Fintech
2024-10-01 11:55:41 am
Government prepares road map for creating 4.5-6 crore jobs in textile sector by 2030: Giriraj Singh Union Minister Giriraj Singh has said that the government has prepared a road map for creating 4.5-6 crore jobs in the textile sector by 2030. He also asserted that efforts are being made to take the sector's market size to $350 billion from around $165 billion at present. He noted that the seven PM-MITRA integrated mega textile parks approved earlier will have investment to the tune of Rs 70,000 crore when fully functional, thereby creating 21 lakh jobs.  The minister said that t...
Government prepares road map for creating 4.5-6 crore jobs in textile sector by 2030: Giriraj Singh
Government prepares road map for creating 4.5-6 crore jobs in textile sector by 2030: Giriraj Singh
Source: Accord Fintech
2024-09-30 11:45:12 am
Textiles industry to grow to $350 billion by 2030, create up to 6 crore jobs: Centre The Indian textiles industry is estimated to grow to $350 billion by 2030, generating 4.5-6 crore jobs, the government said on Friday.  Setting a target of 50,000 metric tonne silk production and employment generation of 1 crore by 2030, Union Textiles Minister Giriraj Singh said cultivation of silk is linked to employment generation of farmers. The minister further said that the Eri Sericulture Promotional Project launched in Gujarat will be expanded across the country benefitting...
Textiles industry to grow to $350 billion by 2030, create up to 6 crore jobs: Centre
Textiles industry to grow to $350 billion by 2030, create up to 6 crore jobs: Centre
Source: IANS
2024-09-27 05:17:10 pm
Indian Home Textile Industry: Weaving Success – expected to grow by 8-10% in FY25 by CareEdge Ratings Synopsis • The global home textile industry, valued at USD 122 billion in CY2023, is envisaged to reach USD 134 billion by the end of CY2024, and thereafter expected to grow at a CAGR of 5-5.5% to around USD 185 billion by 2030. China leads in home textile exports, followed by India and Turkey, with the USA being the largest importer for home textile products. • The Indian Home Textile industry’s revenue (considering 6 listed Indian home textile companies which hold near...
Indian Home Textile Industry: Weaving Success – expected to grow by 8-10% in FY25 by CareEdge Ratings
Indian Home Textile Industry: Weaving Success – expected to grow by 8-10% in FY25 by CareEdge Ratings
Source: CareEdge Ratings
2024-09-25 05:39:20 pm
India`s readymade garment exports in August rise by about 12% to $1.26 billion The commerce ministry data has said that the country's readymade garment exports (RMG) in August rose by about 12 per cent to $1.26 billion despite global headwinds and challenges such as high logistic cost. Cumulatively, RMG exports during the April-August period of 2024-25 grew by 7.12 per cent to $6.39 billion. Apparel Export Promotion Council (AEPC) Chairman Sudhir Sekhri said that exports are keeping the growth momentum despite global headwinds, persisting Red Sea crisis and other...
India`s readymade garment exports in August rise by about 12% to $1.26 billion
India`s readymade garment exports in August rise by about 12% to $1.26 billion
Source: Accord Fintech
2024-09-20 10:19:16 am
Shahlon Silk Industries gains on gearing up for entering into CETP business Shahlon Silk Industries is currently trading at Rs. 24.10, up by 0.12 points or 0.50% from its previous closing of Rs. 23.98 on the BSE. The scrip opened at Rs. 23.31 and has touched a high and low of Rs. 26.00 and Rs. 23.31 respectively. So far 320127 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 30.79 on 26-Feb-2024 and a 52 week low of Rs. 12.31 on 11-Oct-2023. Last one week high and low of the scrip stood ...
Shahlon Silk Industries gains on gearing up for entering into CETP business
Shahlon Silk Industries gains on gearing up for entering into CETP business
Source: Accord Fintech
2024-09-19 02:59:22 pm
Welspun Living jumps as its arm to invest in newly incorporated company Welspun Living is currently trading at Rs. 183.10, up by 5.15 points or 2.89% from its previous closing of Rs. 177.95 on the BSE. The scrip opened at Rs. 179.70 and has touched a high and low of Rs. 183.70 and Rs. 178.55 respectively. So far 69390 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 213.10 on 29-Aug-2024 and a 52 week low of Rs. 115.80 on 09-Oct-2023. Last one week high and low of the scrip stood at ...
Welspun Living jumps as its arm to invest in newly incorporated company
Welspun Living jumps as its arm to invest in newly incorporated company
Source: Accord Fintech
2024-09-18 12:12:38 pm
Indo Count soars as its arm acquires 81% stake in Fluvitex USA Indo Count is currently trading at Rs. 407.50, up by 6.40 points or 1.60% from its previous closing of Rs. 401.10 on the BSE. The scrip opened at Rs. 414.55 and has touched a high and low of Rs. 414.55 and Rs. 406.80 respectively. So far 11944 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 450.45 on 02-Jul-2024 and a 52 week low of Rs. 214.50 on 25-Oct-2023. Last one week high and low of the scrip stood at Rs. ...
Indo Count soars as its arm acquires 81% stake in Fluvitex USA
Indo Count soars as its arm acquires 81% stake in Fluvitex USA
Source: Accord Fintech
2024-09-17 11:15:41 am
Trident rises on incorporating Wholly Owned Subsidiary in Singapore Trident is currently trading at Rs. 36.70, up by 0.05 points or 0.14% from its previous closing of Rs. 36.65 on the BSE. The scrip opened at Rs. 36.86 and has touched a high and low of Rs. 36.92 and Rs. 36.65 respectively. So far 349949 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 52.85 on 09-Jan-2024 and a 52 week low of Rs. 32.40 on 26-Oct-2023. Last one week high and low of the scrip stood at Rs. 37.33 and...
Trident rises on incorporating Wholly Owned Subsidiary in Singapore
Trident rises on incorporating Wholly Owned Subsidiary in Singapore
Source: Accord Fintech
2024-09-16 10:57:04 am
Century Textiles soars on acquiring ownership rights of leasehold land parcel in Worli Century Textiles & Industries is currently trading at Rs. 2647.60, up by 165.20 points or 6.65% from its previous closing of Rs. 2482.40 on the BSE. The scrip opened at Rs. 2519.90 and has touched a high and low of Rs. 2660.00 and Rs. 2479.60 respectively. So far 28812 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,660.00 on 11-Sep-2024 and a 52 week low of Rs. 997.00 on 12-Sep-2023. Last one week high a...
Century Textiles soars on acquiring ownership rights of leasehold land parcel in Worli
Century Textiles soars on acquiring ownership rights of leasehold land parcel in Worli
Source: Accord Fintech
2024-09-11 11:18:02 am
Race Eco Chain shines on getting nod to incorporate Joint Venture Company Race Eco Chain is currently trading at Rs. 449.75, up by 14.35 points or 3.30% from its previous closing of Rs. 435.40 on the BSE. The scrip opened at Rs. 445.75 and has touched a high and low of Rs. 450.00 and Rs. 438.75 respectively. So far 15897 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 457.25 on 02-Jul-2024 and a 52 week low of Rs. 230.85 on 23-Oct-2023. Last one week high and low of the scrip stood a...
Race Eco Chain shines on getting nod to incorporate Joint Venture Company
Race Eco Chain shines on getting nod to incorporate Joint Venture Company
Source: Accord Fintech
2024-09-05 10:49:31 am
Indian textile industry can reach $300 bn with $100 bn exports potential by 2030: Centre The Indian textile industry has the potential to become a $300 billion industry by 2030, with $100 billion coming from exports, the government said on Wednesday.  The Indian textile industry is currently estimated to be worth $175 billion, including exports of $38-40 billion. According to Pabitra Margherita, Minister of State of Textiles and External Affairs, the domestic textile industry is becoming a driving force of India's GDP. Speaking at the Assocham’s ‘Glo...
Indian textile industry can reach $300 bn with $100 bn exports potential by 2030: Centre
Indian textile industry can reach $300 bn with $100 bn exports potential by 2030: Centre
Source: IANS
2024-09-04 05:59:29 pm
Filatex Fashions touches roof as its arm obtains export order from SDBS Filatex Fashions is currently trading at upper limit of Rs. 1.21, up by 0.05 points or 4.31% from its previous closing of Rs. 1.16 on the BSE. The scrip opened at Rs. 1.18 and has touched a high and low of Rs. 1.21 and Rs. 1.18 respectively. So far 10001373 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 4.30 on 25-Jan-2024 and a 52 week low of Rs. 1.14 on 28-Aug-2024. Last one week high and low of the scrip sto...
Filatex Fashions touches roof as its arm obtains export order from SDBS
Filatex Fashions touches roof as its arm obtains export order from SDBS
Source: Accord Fintech
2024-08-30 12:36:13 pm
Centre approves 4 startups, new courses in technical textiles The Centre on Tuesday approved four startups in the field of technical textiles with a grant of Rs 50 lakh each, along with new courses in various applications.  The eighth empowered programme committee (EPC) meeting under the National Technical Textiles Mission in the national capital also approved a grant of nearly Rs 20 crore to five education institutes, to introduce courses in technical textiles under the ‘General Guidelines for Enabling of Academic Institutes in Technical ...
Centre approves 4 startups, new courses in technical textiles
Centre approves 4 startups, new courses in technical textiles
Source: IANS
2024-08-28 09:36:58 am
NIBE rises as its arm enters into consortium with leading Indian Company NIBE is currently trading at Rs. 1830.05, up by 35.25 points or 1.96% from its previous closing of Rs. 1794.80 on the BSE. The scrip opened at Rs. 1842.00 and has touched a high and low of Rs. 1842.00 and Rs. 1815.00 respectively. So far 4368 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2245.40 on 08-Jul-2024 and a 52 week low of Rs. 481.00 on 08-Sep-2023. Last one week high and low of the scrip stood at Rs....
NIBE rises as its arm enters into consortium with leading Indian Company
NIBE rises as its arm enters into consortium with leading Indian Company
Source: Accord Fintech
2024-08-26 09:57:04 am
India`s textile exports to touch $65 billion by 2025-26: Invest India India's textile industry is expanding at a rapid pace with the country's textile exports projected to touch $65 billion by the financial year 2025-26, according to Invest India.  Projections indicate that textiles production in the country for both the domestic and export markets will grow at a compound annual growth rate (CAGR) of 10 per cent to reach the $350 billion mark by 2030, an Invest India report states. The figure has been estimated with respect to the Indian text...
India`s textile exports to touch $65 billion by 2025-26: Invest India
India`s textile exports to touch $65 billion by 2025-26: Invest India
Source: IANS
2024-08-25 02:16:57 pm
Government dedicated to support growth, innovation within textile sector: Giriraj Singh During the interaction with the beneficiaries of the Production Linked Incentive (PLI) Scheme for MMF Apparel, fabrics and technical textiles, Union Minister of Textiles Giriraj Singh has assured that the Government is dedicated to support the growth and innovation within the textile sector. The participants showcased the ongoing commitment, successes, experiences, feedback, and challenges of the Schemes.  Future strategies and enhancements to further strengthen the scheme’s eff...
Government dedicated to support growth, innovation within textile sector: Giriraj Singh
Government dedicated to support growth, innovation within textile sector: Giriraj Singh
Source: Accord Fintech
2024-08-21 01:56:14 pm
Registrations under zero defect India Handloom Brand touch 1,998 mark As many as 1,998 registrations have been issued for 184 product categories under the 'India Handloom Brand' for high-quality niche products with zero defects and zero effect on the environment since the launch of the scheme in August 2015, the Textiles Ministry said in a statement on Tuesday.  "To enhance productivity, marketing capabilities and facilitate better incomes, 151 Handloom Producer companies (PCs) have been formed in the country," the statement said. T...
Registrations under zero defect India Handloom Brand touch 1,998 mark
Registrations under zero defect India Handloom Brand touch 1,998 mark
Source: IANS
2024-08-21 09:09:36 am
NIBE gains on bagging purchase orders worth Rs 79.63 crore NIBE is currently trading at Rs. 1870.00, up by 23.45 points or 1.27% from its previous closing of Rs. 1846.55 on the BSE. The scrip opened at Rs. 1938.85 and has touched a high and low of Rs. 1938.85 and Rs. 1850.00 respectively. So far 45151 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2245.40 on 08-Jul-2024 and a 52 week low of Rs. 449.50 on 17-Aug-2023. Last one week high and low of the scrip stood at Rs...
NIBE gains on bagging purchase orders worth Rs 79.63 crore
NIBE gains on bagging purchase orders worth Rs 79.63 crore
Source: Accord Fintech
2024-08-16 10:45:49 am
India's textiles and apparel exports in July rise by 4.73% to $2,937.56 million: CITI The Confederation of Indian Textile Industry (CITI) has said that India's textiles and apparel exports in July 2024 grew by 4.73 per cent to $2,937.56 million compared to the same month last year mainly driven by an increase in demand for apparels. Textiles and apparel exports stood at $ 2,805.01 million in July 2023. It stated while the textile exports were steady at $ 1,660.36 million in July compared to $ 1,663.06 million, apparel shipments during the month surged by 11.84 per cent ...
India's textiles and apparel exports in July rise by 4.73% to $2,937.56 million: CITI
India's textiles and apparel exports in July rise by 4.73% to $2,937.56 million: CITI
Source: Accord Fintech
2024-08-16 10:32:17 am
SBC Exports shines on bagging export order worth Rs 45 crore SBC Exports is currently trading at Rs. 30.53, up by 1.95 points or 6.82% from its previous closing of Rs. 28.58 on the BSE. The scrip opened at Rs. 29.01 and has touched a high and low of Rs. 31.29 and Rs. 28.21 respectively. So far 1120661 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 33.90 on 20-Jan-2024 and a 52 week low of Rs. 13.35 on 11-Aug-2023. Last one week high and low of the scrip stood at Rs. 31.2...
SBC Exports shines on bagging export order worth Rs 45 crore
SBC Exports shines on bagging export order worth Rs 45 crore
Source: Accord Fintech
2024-08-12 03:26:21 pm
PM MITRA Parks to bring Rs 70,000 crore investment in textiles sector: Minister  The Centre has approved the setting up of seven PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks in greenfield and brownfield sites with world-class infrastructure including plug and play facility with an outlay of Rs. 4,445 crores for a period of seven years up to 2027-28, the Parliament was informed on Friday.  Minister of State for Textiles Pabitra Margherita told the Rajya Sabha that the government has finalised 7 sites in Tamil Nadu (Virudhnagar), Telangana (W...
PM MITRA Parks to bring Rs 70,000 crore investment in textiles sector: Minister
PM MITRA Parks to bring Rs 70,000 crore investment in textiles sector: Minister
Source: IANS
2024-08-10 10:19:15 am
Rajasthan garment exporters hope big amid crisis in Bangladesh With trade and industry in Bangladesh getting hugely affected by the political turmoil in the neighbouring country following the resignation of Sheikh Hasina as the Prime Minister on Monday, the readymade exporters in Rajasthan are expecting a 20 per cent increase in Christmas orders for readymade garments.  The reason is that international garment buyers have started contacting Indian exporters amid the tense situation in Bangladesh, bringing a ray of hope for the garment exporters o...
Rajasthan garment exporters hope big amid crisis in Bangladesh
Rajasthan garment exporters hope big amid crisis in Bangladesh
Source: IANS
2024-08-09 09:42:02 am
Jockey India licensee posts higher Q1 profit on strong athleisure demand Page Industries, which licenses Jockey and Speedo products in India, reported a rise in first-quarter profit on Thursday, buoyed by strong demand for athleisure products. The apparel maker reported a profit of 1.65 billion rupees (nearly $20 million) for the quarter ended June 30, compared with 1.58 billion rupees a year ago. The company previously said it was seeing an uptick in demand for innerwear and athleisure products, aided by new product launches and increased marketing efforts....
Jockey India licensee posts higher Q1 profit on strong athleisure demand
Jockey India licensee posts higher Q1 profit on strong athleisure demand
Source: Reuters
2024-08-08 04:45:14 pm
Bangladesh unrest a $250 mn monthly readymade garment export opportunity for India If the political unrest prolong in Bangladesh, nearly 10 per cent of the neighbouring country’s readymade garment (RMG) export orders could shift, presenting a $200-250 million monthly export opportunity for India’s RMG sector in the near term and $300-350 million in the medium term, a report said on Thursday.  India has enough headroom to increase RMG exports by 20-25 per cent given the available capacities in the sector, according to a CareEdge Ratings report. “...
Bangladesh unrest a $250 mn monthly readymade garment export opportunity for India
Bangladesh unrest a $250 mn monthly readymade garment export opportunity for India
Source: IANS
2024-08-08 02:12:21 pm