Textiles Sector

Buy Arvind Ltd For Target Rs.57 - Sushil Finance

Highlights from the Quarter (Q1FY21) * Denim volumes have recovered to around 70% in July – Export volumes fully recovered, Domestic still lagging; Woven volume..

Add Kewal Kiran Clothing Ltd For Target Rs.750 - I..

Strong balance sheet to cushion downside Kewal Kiran Clothing’s (KEKC) Q1FY21 EBITDA loss stood at Rs162mn on sharp 94% YoY decline in revenues to Rs70mn owing ..

Stock Pick - Buy Himatsingka Seide Ltd For Target ..

Technical Observations * The entire up move since May low of | 45 is well channelled signalling sustaining demand at elevated levels. The stock has recently rebounded ..

Bombay Rayon Fashion posts Q1 net loss of Rs 151.9..

The company reported standalone net loss during the quarter stood at Rs 151.90 crore as compared to net loss of Rs 535.42 crore in the previous year quarter. Net revenue ..

Aarvee Denims and Exports Ltd posts Q1 net loss of..

The company reported standalone net loss during the quarter stood at Rs 24.93 crore as compared to net loss of Rs 24.97 crore in the previous year quarter. Net revenue of..

Alps Industries posts Q1 net loss of Rs 17.35 cr

The company reported standalone net loss during the quarter stood at Rs 17.35 crore as compared to net loss of Rs 45.67 crore in the previous year quarter. Net revenue of..

Sangam India Ltd posts Q1 net loss of Rs 32.17 cr

The company reported standalone net loss during the quarter stood at Rs 32.17 crore compared to net profit of Rs 1.08 crore in the previous year quarter. Net revenu..

Alok Industries posts Q1 net loss of Rs 10192.79 c..

The company reported standalone net loss during the quarter stood at Rs 10192.79 crore as compared to net loss of Rs 66.93 crore in the previous year quarter. Net revenue..

Buy SRF Ltd For Target Rs. 4550 - Motilal Oswal

Technical Trading Idea * SRF retested the support of previous swing highs and started moving higher. It gave a Diamond pattern breakout on daily scale, which is a posi..

Momentum Pick - Buy Bombay Dyeing Ltd For Target R..

Momentum Pick - Buy Bombay Dyeing Ltd For Target Rs. 83 - HDFC Securities Observation: After showing a minor declines/sideways consolidation, the stock pr..

Hold Kewal Kiran Clothing Ltd For Target Rs.755 - ..

Maintaining b/s strength amid low demand scenario Store closures owing to Covid-19 disruptions and nearly non-existent demand for jeans as a category (~60% of sales) ..

Mafatlal Ind posts Q1 net loss of Rs 37.59 cr

The company reported standalone net loss during the quarter stood at Rs 37.59 crore as compared to net loss of Rs 5.20 crore in the previous year quarter. Net revenue ..