For information technology and pharma sectors, which are export oriented, a weaker rupee is a positive, but analysts warn that these sectors also face risks of a demand slowdown due to recession concerns in the US. The textile sector is also being seen as a direct beneficiary of a weaker rupee.
1. Arvind Ltd: It is the largest denim maker in India. it sells its brand’s like Flying Machine, Newport, and Excalibur and licensed foreign names like Arrow, Tommy Hilfiger, and Calvin Klein. Arvind owns the Arvind Store, U......read more
Punjab National Bank: The bank reported profit of Rs 1,126.8 crore for Q3FY22 against Rs 506 crore in Q3FY21. The net interest income fell to Rs 7,803.2 crore from Rs 8,345.8 crore YoY.
Indus Towers: The company reported higher profit at Rs 1,570.8 crore in Q3FY......read more
Sanathan Textiles plans Rs 1,300 crore public issue
According to India Ratings and Research (Ind-Ra) report published in December, Sanathan Textiles margin expanded to 17.8% in the first half of FY 2022 owing to higher realisations, lower raw material prices and the managements cost-reduction initiatives.
Advantage to India.. cotton n textile stocks to be in focus on Monday (Forwarded as received). View: Positive for KPR Mills, Vardhman Tex, Trident and ICIL
Disclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy......read more
KPR Mill Ltd. key Products/Revenue Segments include Yarn, Garments, Fabric, Waste (Cotton), Export Incentives, Sale of services, Other Operating Revenue, Accessories for the year ending 31-Mar-2021.
Had holdings of KPR MILL they announced stock split for every one share will get 4 shares . HOLD THIS STOCK FOR LONG TERM it has given me 80% returns 😃💸. I will hold it for another one year .
IT and financial companies bag most target price upgrades post Q1 numbers
UTI Asset Management Company, which is tracked by 10 analysts, has seen its consensus target price increasing 54%. Jindal Stainless, Welspun India, KPR Mill, ICICI Securities, Equitas Holdings, Zensar Technologies, Firstsource Solutions, Mphasis, KPIT Technologies, and Persistent Systems have seen target prices rising 32-51%.
6 times return in 16 months! This stock is set to weave in more gains
The combined revenues from yarn and fabric segments declined to 43 per cent of total sales in FY21 compared with 72 per cent in FY13. During the same period, the share of the garment segment in the top line jumped to 39 per cent in FY21 from 16 per cent in FY13.
K.P.R. Mill Limited has informed the Exchange that the Board of Directors at its meeting held on July 27, 2021, has considered and approved subdivision of 68810000 equity shares of 5 each into 344050000 equity shares of 1 each.