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Textile stocks surge as govt allocates Rs 7148 crore to textile sector

01 Feb 2018 Evaluate

Shares of companies related to textile sector surged after Arun Jaitley allocated Rs 7148 crore to textile sector.

Arvind is currently trading at Rs. 413.60, up by 1.65 points or 0.40% from its previous closing of Rs. 411.95 on the BSE. The scrip opened at Rs. 413.00 and has touched a high and low of Rs. 416.75 and Rs. 407.05 respectively. So far 41616 shares were traded on the counter.

Vardhman Textiles is currently trading at Rs. 1311.00, up by 15.30 points or 1.18% from its previous closing of Rs. 1295.70 on the BSE. The scrip opened at Rs. 1306.20 and has touched a high and low of Rs. 1322.90 and Rs. 1283.20 respectively. So far 1400 shares were traded on the counter.

Welspun India is currently trading at Rs. 69.45, up by 0.40 points or 0.58 % from its previous closing of Rs. 69.05 on the BSE. The scrip opened at Rs. 69.50 and has touched a high and low of Rs. 70.10 and Rs. 69.20 respectively. So far 85224 shares were traded on the counter.

Peers
Company Name CMP
Vardhman Textiles 486.70
Welspun Living 219.20
Arvind 491.15
Raymond Lifestyle 479.30
K.P.R. Mill 1115.00
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