SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Arvind trades higher on the bourses

22 Oct 2013 Evaluate

Arvind is currently trading at Rs. 103.90, up by 1.15 points or 1.12% from its previous closing of Rs. 102.75 on the BSE.

The scrip opened at Rs. 102.50 and has touched a high and low of Rs. 105.05 and Rs. 102.05 respectively. So far 207275 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 107.50 on 16-Jan-2013 and a 52 week low of Rs. 65.00 on 08-Aug-2013.

Last one week high and low of the scrip stood at Rs. 105.05 and Rs. 94.15 respectively. The current market cap of the company is Rs. 2687.52 crore.

The promoters holding in the company stood at 43.95% while Institutions and Non-Institutions held 35.13% and 20.75% respectively.

Credit rating agency, CARE has revised ‘A’ rating to Arvind’s long-term bank facilities worth Rs 1,485.88 which was enhanced from Rs 931.58 crore from A- and A/A1 rating to Long-term/Short-term Bank Facilities worth Rs 939.98 which was enhanced from Rs 624.67 crore from A-/A2+. The rating agency has also revised A1 rating to company’s Short-term Bank Facilities worth Rs 661.22 crore which reduced from Rs 666.33 crore from A2+.

The revision in the ratings of company takes into account the growing scale of its operations with an improvement in its operating profitability during FY13 and Q1FY14.

Ahmadabad based Arvind is the flagship company of the Lalbhai group. The company is one of India's leading composite manufacturers of textiles and is also among the largest denim manufacturers in the world. It also manufactures a range of cotton shirting, denim, knits and bottom weights (Khakis) fabrics. Arvind also markets branded apparels.

 

Arvind Share Price

385.05 -2.15 (-0.56%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 126.75
Vardhman Textiles 549.50
Arvind 385.05
K.P.R. Mill 919.20
Page Industries 38400.65
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×