The West Bengal Hosiery Association (WBHA) expects an investment of Rs 400 crore in capacity building of hosiery parks in the state by the next fiscal year....
Sanrhea Technical Textile Ltd, a microcap textiles company, has fixed the record date as Sept 15, 2023, for payment of Rs 1/- per equity share i.e. 10% of the face value of Rs 1/- for the financial year 2022-23. The said ...
Cantabil Retail India Limited, a Small Cap Textile Company, in a Board meeting held on Saturday, Aug 12, approved stock split/Sub-Division of equity share a stock split, with each equity share of Rs 10 being subdivided into five equity shares of ...
Ambika Cotton Mills Ltd, a small cap company operating in the textiles sector, in their Board meeting held on Friday, 26th May 2023, recommends a final dividend of Rs 35/share i.e. 350% on the face value of Rs. 10 each. It ...
Cheviot Company Ltd. in their Board meeting held on Thursday, May 25, 2023, recommended a Final Dividend of Rs. 27/share i.e. 270% on 60,16,875 fully paid-up ordinary shares of face value of Rs. 10 each. Cheviot Company is a Textiles sector ...
Siyaram Silk Mills Ltd., a leading Textile manufacturing company in India has declared the 2nd Interim Dividend i.e. 150% for the financial year ending march 2023. The company is engaged in manufacturing fabrics and readymade garments, especially in the men's wear ...
Leading brokerage firm ICICI Direct maintains its buy call on Garware Technical Fibres Limited (GTFL) with a target price of Rs 4,160 per share. The brokerage sees a potential upside of 18% from its current level with the given target price. ...
With Liz Truss becoming new prime minister of the UK, Commerce and Industry Minister Piyush Goyal has expressed hope for early conclusion of talks with Britain for a free trade agreement, aimed at boosting bilateral economic ties. "A little bit of ...
A leading brokerage firm Edelweiss Wealth Research has recently published a report on Indo Count Industries Limited, suggesting buying the stock of the company. The company's volume increased 5% YoY to 19.1 mn metres, led by the integration of GHCL home ...
Normalising discretionary spends, higher realisations, and sustained export demand, including due to higher opportunities following supply chain issues at Sri Lanka and China, will drive up the revenue of ready-made garment (RMG) makers by 16-18% this fiscal. That would follow a ...
Healthy cash accruals, supported by better operating profits, and deleveraged balance sheets will keep credit outlook positive for cotton spinners, despite higher planned capital expenditure (capex) and working capital requirement, CRISIL has stated. "Higher spreads1 between cotton and cotton ...
As demand slows down, it will affect the profitability of the companies and this in turn will bring pressure on credit ratings of companies, stated Crisil. Crisil Rating Action Ratio, that indicates the relative frequency of upgrades and downgrades, has ...