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Vardhman Polytex Ltd share Price Today

Company details

11.00
11.62
4.85
12.30
6M Return 81.11%
1Y Return 107.85%
Mkt Cap.(Cr) 30.35
Volume 472,103
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 472,103

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Vardhman Polytex Ltd shares SWOT Analysis

Strengths (3)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
  • Book Value per share Improving for last 2 years

Weakness (5)

  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Degrowth in Revenue and Profit
  • Low Piotroski Score : Companies with weak financials

Opportunity (3)

  • Highest Recovery from 52 Week Low
  • Stock with Low PE (PE < = 10)
  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 11.5
R2 11.9
R3 12.1
Pivot

11.25

S1 10.9
S2 10.6
S3 10.3
EMA SMA
10.1
9.4
8.5
7.4
10.2
9.4
8.3
7.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
VINOD KUMAR AGARWAL Bulk Sell 2024-01-17 59.98 221821 NSE
VINOD KUMAR AGARWAL Bulk Sell 2024-01-16 58.1 180923 NSE
MARWAHA KOMAL Bulk Sell 2023-11-16 65.25 133000 NSE
Name Category Shares
ADISH OSWAL PROMOTER 1.54%
PANCHSHEEL TEXTILE MANUFACTURING AND TRDG CO.(P) LTD PROMOTER 16.22%
ALMA ASSETS CONSULTANCY PRIVATE LIMITED PROMOTER 15.98%
ALTFORT MERCHANTS PRIVATE LIMITED PROMOTER 8%
NIGHTNAGLE DEALCOM PRIVATE LIMITED PROMOTER 2.42%
ENAKSHI INVESTMENTS PVT LTD PROMOTER 1.36%
GAGAN MERCANTILE COMPANY PVT LTD PROMOTER 0.6%
RUBY MERCANTILE COMPANY PVT LTD PROMOTER 0.56%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Vardhman Polytex Ltd Stocks COMPARISON

Financials( in Cr) Vardhman Polytex Ltd Grasim Industries Ltd Trident Ltd Raymond Ltd Welspun Living Ltd
Price 11.12 2,471.20 39.39 2,487.50 144.14
% Change 0.09 0.53 -1.60 -1.34 2.36
Mcap Cr 30.35 168,177.52 20,072.97 16,560.28 14,007.64
Revenue TTM Cr 618.70 117,627.08 6,332.26 9,019.51 8,093.76
Net Profit TTM Cr 1.49 11,078.20 441.61 1,643.07 202.51
PE TTM 0.00 26.94 57.06 9.90 20.56
1 Year Return 107.85 42.76 17.58 50.06 51.01
ROCE -10.37 9.04 11.89 30.24 5.91
ROE 114.45 14.35 10.99 43.72 5.03
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: -362.31 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,452.94 -2,589.17
LAST 3M 105,794.56 -32,067.62
LAST 6M 178,880.68 -18,917.36
LAST 12M 290,144.87 98,834.05

Vardhman Polytex Ltd Information

Stock PE (TTM)
0
Promoter Holding
49.14%
Book Value
-13.2293
ROCE
-10.37%
ROE
114.45%
Description
  • Promoted as a joint sector company by Mohta Industries (MIL) and the Punjab State Industrial Development Corporation (PSIDC), Vardman Polytex Ltd. (VPL) was incorporated as Punjab Mohta Polytex. The Company`s principal activity is manufacturing of yarn & garments. The company came out with a rights issue at a premium of Rs 60 aggregating Rs 24.92 cr and 28.48 lac 13% secured NCDs of Rs 250 aggregating Rs 71.21 cr in Jan.`95. The issue was to set up a 100% EOU with an installed capacity of 25,200 spindles in Punjab, expansion of its plant, and to meet long-term working capital needs. Total project cost was Rs 110.14 cr. VPL manufactures coarse, medium and fine counts of 100% cotton yarn. It also produces 100% acrylic yarn, acrylic cotton yarn, polyester cotton yarn and tyre cord yarn. The company exports its products to the UK, Belgium, Italy, Germany, Korea, Australia, New Zealand, Hong Kong and Taiwan. During 1998-99, the company had taken expansion by way of a new unit of 19,872 spindles at Baddi at a cost of Rs 41 crs which was commissioned on November, 1999. The Bathinda unit was also upgraded with an investment of Rs.34.00 crore making it capable of competing with the best in cotton yarns. An expansion of spindles was taken up latter in the year 2001 at a cost of Rs.2845.00 lacs.The total cost was partly finance through internal accruals and partly from term loans from FIs. The company has started expansion plan to enhance the capacity to 25000 spindles for spinning and a dye house at the newly acquired site at Focal point,Ludhiana. In 2003-04, the modernisation and upgradation of Bhatinda Unit of the Company was completed. Also, the Company set up the 25000 spindles capacity in a new Unit namely Vinayak Textile Mills at Ludhiana which commenced its regular production during 2003-04. A new subsidiary company in the name of "Oswal F. M. Hammerle Textiles Ltd." for manufacturing the quality yarn & piece dyed shirting fabr was floated during 2005-06. The Company`s expansion of additional 30000 spindles at Bathinda was implemented, which started commercial production in 2007-08. M/s Amkryon International (P) Ltd., a garment manufacturing facility was amalgamated with the Company during 2008. With this amalgamation, the activities of Company were extended to garment manufacturing also. During 2008-09, the Company acquired the assets and Trade marks, trade names, brand name namely `F.M. H�mmerle estd. 1836` from F.M. H�mmerle Textilwerke GmbH & Co KG. For this purpose, the Company floated two subsidiaries namely F.M. H�mmerle Nfg GmbH and F.M. H�mmerle Verwaultungs GmbH in Dornbirn (Austria). During FY 2013-14, the spinning project at Nalagarh (HP) was commissioned to its planned capacity of 40800 spindles after adding 15800 spindles.

Registered Address

Vardhman Park, Chandigarh Road, Ludhiana, Punjab, 141123

Tel : 91-161-6629888
Email : secretarial:vpl.in
Website : http://www.oswalgroup.com
Registrar

Alankit Assignments Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 514175
NSE Code : VARDMNPOLY
Book Closure Date (Month) : Aug
BSE Group : B
ISIN : INE835A01029

FAQ’s on Vardhman Polytex Ltd Shares

You can buy Vardhman Polytex Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Vardhman Polytex Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:53 PM the closing price of Vardhman Polytex Ltd was Rs.11.12.

The latest PE ratio of Vardhman Polytex Ltd as of Jun 14, 2024 03:53 PM is 0.00

The latest PB ratio of Vardhman Polytex Ltd as of Jun 14, 2024 03:53 PM is -1.19

The 52-week high of Vardhman Polytex Ltd share price is Rs. 12.30 while the 52-week low is Rs. 4.85

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:53 PM, the market cap of Vardhman Polytex Ltd stood at Rs. 30.35.

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