Textiles Sector

Buy Aditya Birla Fashion & Retail Ltd For Target R..

Flipkart’s investment strengthens balance sheet and growth outlook * ABFRL raised Rs15bn through a preferential allotment to Flipkart. ABFRL will issue ~73mn eq..

Direct tax refunds of over Rs 1.36 lakh cr issued ..

The Central Board of Direct Taxes (CBDT) on Wednesday said that it has issued direct tax refunds refunds of over Rs 1.36 lakh crore to over 40 lakh taxpayers so far in FY..

Alps Industries posts Q2 net loss of Rs 14.51 cr

The company reported standalone net loss during the quarter stood at Rs 14.51 crore compared to net profit of Rs 8.19 crore in the previous year quarter.я Net revenue of..

Hindustan NationalGl posts Q2 net loss of Rs 85.61..

The company reported standalone net loss during the quarter stood at Rs 85.61 crore as compared to net loss of Rs 29.80 cror..

Technical Positional Pick - Buy Arvind Fashions Lt..

Technical Positional Pick - Buy Arvind Fashions Ltd For Target Rs. 173 - HDFC Securities TECHNICAL OBSERVATIONS * Stock price has given bullish breakout on the..

Technical Positional Pick - Buy Bombay Dyeing Ltd ..

Technical Positional Pick - Buy Bombay Dyeing Ltd For Target Rs. 82 - HDFC Securities OBSERVATIONS The attached weekly timeframe chart of Bombay Dyeing and Man..

Update On Page Industries Ltd By Yes Securities

After a difficult couple of years, growth comes back in August and holding up well; set for a multiple re‐rating * Valuation and view – The stock is currently..

Add Page Industries Ltd For Target Rs.22,000 - ICI..

Business transformation continues; Upgrade to ADD Although a weak 1Q (66% sales decline), complete recovery in August is one of the fastest among discretionary compan..

Hold Page Industries Ltd For Target Rs.20,950 - IC..

Strong b/s to aid in navigating tough market scenario... Disruptions owing to the pandemic weighed significantly on the Q1FY21 performance as two-third of the quarter..

Reduce Arvind Fashions Ltd For Target Rs.130 - ICI..

Leverage to remain high despite fund raise Key takeaways from Arvind Fashions’ (ARVINDFA) Q1FY21 result: 1) 77% network is operational in Aug’20 with over..

Update On Aditya Birla Fashion & Retail Ltd By Yes..

Near‐term issues taken care of but re‐rating journey might not be all that smooth; prefer Trent and V‐Mart over ABFRL *Quarter Highlights – Revenue saw so..

Buy SRF Ltd For Target Rs. 5,600 - HDFC Securities

Blockbuster quarter! The robust performance of chemical segment (30/25% YoY/QoQ), led by speciality chemicals business, the continuance of strong show of packaging fil..