Vardhman Textiles gains on reporting 51,031 metric tonnes of Yarn production in Q2FY17

16 Nov 2016

Vardhman Textiles is currently trading at Rs. 1060.35, up by 2.70 points or 0.26% from its previous closing of Rs. 1057.65 on the BSE.

The scrip opened at Rs. 1065.00 and has touched a high and low of Rs. 1086.60 and Rs. 1058.00 respectively. So far 152276 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1159.75 on 28-Oct-2016 and a 52 week low of Rs. 651.50 on 20-Jan-2016.

Last one week high and low of the scrip stood at Rs. 1125.50 and Rs. 1034.20 respectively. The current market cap of the company is Rs. 6755.37 crore.

The promoters holding in the company stood at 62.23%, while institutions and non-institutions held 22.84% and 14.93% respectively.

Vardhman Textiles has reported the production and sales details of the company for second quarter of FY17 under Yarn, Grey Fabric and Processed Fabric segments. Under Yarn segment, the production stood at 51,031 metric tonnes in Q2FY17, while sales (including Internal Transfers) stood at 49,217 metric tonnes for the same period.

In Grey Fabric segment, the production stood at 428 lakh meters in Q2FY17, while sales (including Internal Transfers) stood at 428 lakh meters. Similarly, under Processed Fabric segment, the production stood at 284 lakh meters in Q2FY17, while sales stood at 274 lakh meters for the same period.

Vardhman Textiles, incorporated in 1973, is one of the pioneers in textile industry with operations in the segments of yarn, sewing thread, steel, and fabric.

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Vardhman Textiles Share Price

759.80 -12.25 (-1.59%) Oct 26, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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