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08-Feb2019

Vardhman Textiles rises on reporting 51,352 metric tonnes of Yarn production in Q3FY19

Vardhman Textiles is currently trading at Rs. 1050.20, up by 4.85 points or 0.46% from its previous closing of Rs. 1045.35 on the BSE.

The scrip opened at Rs. 1051.25 and has touched a high and low of Rs. 1051.25 and Rs. 1050.20 respectively. So far 20 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1425.00 on 06-Jun-2018 and a 52 week low of Rs. 922.00 on 05-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1089.90 and Rs. 1015.05 respectively. The current market cap of the company is Rs. 6008.48 crore.

The promoters holding in the company stood at 62.14%, while Institutions and Non-Institutions held 27.4% and 10.42 % respectively.

Vardhman Textiles has reported the production and sales details for the third quarter of FY19 under Yarn, Grey Fabric and Processed Fabric segments.

Under Yarn segment, the production stood at 51,352 metric tonnes in Q3FY19, while sales (including Internal Transfers) stood at 51,033 metric tonnes for the same period. In Grey Fabric segment, the production stood at 483 lakh meters in Q3FY19, while sales (including Internal Transfers) stood at 480 lakh meters for the same period. Similarly, under Processed Fabric segment, the production stood at 344 lakh meters in Q3FY19, while sales stood at 341 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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