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Vardhman Holdings Ltd Share Price (VHL)

₹3037.750.39%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Vardhman Holdings Ltd share Performance

  • ₹3022.5
    ₹3085
    ₹3037.75
    downward going graph

    0.50%

    Low

    Day's Volatility:2.06%

    High

    1.56%

    downward going graph
  • ₹2425
    ₹3540
    ₹3037.75
    downward going graph

    20.17%

    Low

    52 Weeks Volatility:36.70%

    High

    16.53%

    downward going graph
1 Month Return5.7 %
3 Month Return-5.01 %
1 Year Return11.87 %
Previous Close₹3,025.90
Open₹3,049.35
Volume791.00
Upper Circuit-
Lower Circuit-
Market Cap₹965.26Cr

Company Information

Vardhman Spinning General Mills (VSGML) was established in 1962 and went into production in 1965. It is part of the Vardhman group, which consists of other companies such as Mahavir Spinning Mills and Vardhman Polytex. In 1992, a rights issue worth Rs 47.82 crore was launched to expand and meet long-term capital requirements of Rs 58 crore. VSGML's product portfolio encompasses cotton/worsted blended yarn, cotton yarn, and fabric which are exported to various countries such as the US, UK, Germany, Indonesia, Japan, Hong Kong, Spain, and African nations. In March 1995 the company sold their Steel unit at Faridabad to Mahavir Spinning Mills, and in 1991 the company became an Export House. They also received the ISO 9002 certification for their textile mill. In December 1999 the Auro Textiles Fabric Process House was opened in Baddi, Himachal Pradesh, in technical collaboration with Tokai Senko from Japan. The Ludhiana Industrial Focal Point 100 EOU Spinning unit was partially commissioned in 2002, with the capacity to manufacture 4 tons of tyre cord yarn. In 200405 the textile business was demerged between Vardhman Spinning and General Mills Ltd and Mahavir Spinning Mills Ltd, which resulted in 8 Mahavir Spinning Mils Ltd shares, and 2 VSGML shares per 10 VSGML shares. The company is also enhancing their yarn manufacturing facility, as well as increasing the capacity of Auro Weaving Mills with 58 new looms, and the dying unit was modernised and increased to 9 tons per day.

Share Price: ₹3037.75 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹965.26Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹53.60Cr as on December 2023 (Q4 23)
Listing date: 02 Dec, 1994
Chairperson Name: Paul Oswal
OrganisationVardhman Holdings Ltd
HeadquartersLudhiana
IndustryFinance
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Fundamentals of Vardhman Holdings Ltd

Insights on Vardhman Holdings Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, VHL stock has moved up by 11.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Shriram Finance Ltd has given 79.3% return, outperforming this stock by 67.4%

  • imgNO EFFECT

    FII Holding Unchanged

    img

    Foreign Institutions holdings remained unchanged at 0.03% of holdings in Dec 2023 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 74.90% of holdings in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 113.0% return, outperforming this stock by 30.6%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 69.61 Cr → 54.85 Cr (in ₹), with an average decrease of 21.2% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 24.11% to 24.10% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 61.93 Cr → 53.6 Cr (in ₹), with an average decrease of 13.5% per quarter

Vardhman Holdings Ltd Valuation

Vardhman Holdings Ltd in the last 5 years

  • Overview

  • Trends

Lowest (1.46x)

March 24, 2020

Today (4.83x)

April 16, 2024

Industry (29.96x)

April 16, 2024

Highest (6.96x)

March 2, 2021

LowHigh

Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
74.9%
0.00
Foreign Institutions
0.03%
0.00
Mutual Funds
0.06%
0.00
Retail Investors
24.1%
-0.05
Others
0.92%
1.31

Technicals of Vardhman Holdings Ltd share

News & Events of Vardhman Holdings Ltd

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Vardhman Holdings Ltd (VHL) share price today is ₹3037.75

Vardhman Holdings Ltd is listed on NSE

Vardhman Holdings Ltd is listed on BSE

  • Today’s highest price of Vardhman Holdings Ltd is ₹3085.
  • Today’s lowest price of Vardhman Holdings Ltd is ₹3022.5.

PE Ratio of Vardhman Holdings Ltd is 4.83

PE ratio = Vardhman Holdings Ltd Market price per share / Vardhman Holdings Ltd Earnings per share

Today’s traded volume of Vardhman Holdings Ltd(VHL) is 791.00.

Today’s market capitalisation of Vardhman Holdings Ltd(VHL) is ₹965.26Cr.

Vardhman Holdings Ltd(VHLPrice
52 Week High
₹3540
52 Week Low
₹2425

Vardhman Holdings Ltd(VHL) share price is ₹3037.75. It is down -14.19% from its 52 Week High price of ₹3540

Vardhman Holdings Ltd(VHL) share price is ₹3037.75. It is up 25.27% from its 52 Week Low price of ₹2425

Vardhman Holdings Ltd(VHLReturns
1 Day Returns
11.85%
1 Month Returns
5.7%
3 Month Returns
-5.01%
1 Year Returns
11.87%