Textiles Sector

Ganesha Ecosphere Q2 net profit down 23.24% at Rs ..

The company reported standalone net profit of Rs 12.12 crore for the quarter ended September 30, 2020 as compared to Rs 15.79 crore in the same period last year, register..

Hold Greaves Cotton Ltd For Target Rs.80 - ICICI D..

Subdued performance amid BS-VI, Covid-19… Greaves Cotton’s (GCL) standalone revenues came in at | 147.1 crore, down 69.2% YoY, (below our estimate of | 1..

Buy Aditya Birla Fashion and Retail Ltd For Target..

De-leveraging b/s to be key focus area… ABFRL reported a nearly washout quarter following closure of stores for a major portion of the quarter. Revenues in May..

Atul Q2 net profit down 18.56% at Rs 169.68 cr

The company reported standalone net profit of Rs 169.68 crore for the quarter ended September 30, 2020 as compared to Rs 208.34 crore in the same period last year, regist..

Gokaldas Exports Q2 net profit zooms 108.07% at Rs..

The company reported standalone net profit of Rs 8.51 crore for the quarter ended September 30, 2020 as compared to Rs 4.09 crore in the same period last year, registerin..

Buy Aditya Birla Fashion and Retail Ltd For Target..

Poised for gradual recovery; better risk-reward Key takeaways from Aditya Birla Fashion and Retail (ABFRL)’s Q1FY21 results: a) management expects normalcy to re..

Techno Funda Stock Pick - Buy Alok Industries Ltd..

Techno Funda Stock Pick - Buy Alok Industries Ltd For Target Rs. 33 - HDFC Securities Technical Observations: * The attached daily chart of ALOKINDUS is showin..

Add TCNS Clothing Ltd For Target Rs.395 - ICICI Se..

Focus on preserving cash and containing costs Key takeaways from TCNS Clothing’s (TCNSBR) Q1FY21 earnings: 1) secured 20%+ reduction in fixed cost p.a. through..

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 ..