Vardhman Textiles Ltd

  • BSE Code : 502986
  • NSE Symbol : VTL
  • ISIN : INE825A01020
  • Industry :TEXTILES - COTTON/BLENDED

up-arrow 463.90 1.95(0.42%)

Open Price ()

461.95

Prev. Close ()

461.95

Volume (No’s)

23,746

Market Cap ()

13,414.82

Low Price ()

460.25

High Price ()

467.00

 

Corporate Announcement

13-May-2024 Vardhman Textiles Limited - Analysts/Institutional Investor Meet/Con. Call Updates
10-May-2024 Vardhman Textiles Limited - Copy of Newspaper Publication
09-May-2024 Vardhman Textiles Limited - Dividend
07-May-2024 Vardhman Textiles Limited - Disclosure under SEBI Takeover Regulations
06-May-2024 Vardhman Textiles Limited - Updates

Stock Summary

Market Cap(₹Cr.)

13,365.66

P/E (TTM)

22

Book value ()

304.49

Div Yield (%)

0.87

EPS (TTM)

21.01

Face Value ()

2.00

Technical Analysis

Key Level

Resistance 1

468.43

Resistance 2

474.92

Support 1

452.03

Support 2

442.12

Moving Average

30 Days

451.92

50 Days

443.99

100 Days

427.92

200 Days

403.38

Peers Group

Company Market Cap (₹in Cr.) P/E (x) P/B(x) EV / EBITDA(x) Dividend Yield(%) EPS
Vardhman Textiles Ltd 13,365.66 22 1.02 1477.85 0.87 21.01
Grasim Industries Ltd 162,763.35 108.28 2.29 4110.2 0.4 22.47
Aditya Birla Nuvo Ltd(Mer.. 24,595.47 63.31 1.25 906.92 0 29.81
Trident Ltd 20,654.36 50.04 4.15 941.8 0.89 0.81
Raymond Ltd 14,870.91 26.78 3.61 948.42 0.45 83.41

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Share Holding

CATEGORY NO. OF SHARES PERCENTAGE (%)
Total Foreign 19400064 6.71
Total Institutions 47838247 16.54
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 2665720 0.92
Total Promoters 185449432 64.13
Total Public & others 33821337 11.70
Total 289174800 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

Corporate Actions

About Company

Vardhman Textiles Limited (formerly Mahavir Spinning Mills Limited) was incorporated on October 8, 1973. The Company is one of the leading textile manufacturers of India offering the largest range of textile products across fibre (acrylic), yarn and fabrics. Headquartered in Ludhiana, it is one of the leading textile conglomerates of India. Presently, it is engaged in manufacturing of cotton yarn, synthetic yarn and woven fabric. The Company expanded its product offerings and entered into strategic alliance with leading global textile players to gain access to state-of-the-art technologies. Yarn constitutes the largest business for Vardhman Textiles with over 1,00,000 spindles and has a capacity to manufacture over 670 MT of yarn per day.

Vardhman Textiles is one of the very few vertically integrated fabric manufacturers in India producing fabrics for both tops and bottoms in the apparel segment serving large retailers across USA, Europe, Asia and other emerging nations. The company has pioneered the development of a wide variety of fabrics. The company's fabric division has a weaving capacity of over 193.4 million meters per annum and processing capacity over 151.7 million meters per annum across a wide specialty fabrics' range. It presently has 15 manufacturing units and ex...

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