Vardhman Textiles Ltd (VTL)
₹445.55
Vardhman Textiles Ltd share Performance
- ₹444.65₹455.2₹445.55
0.20%
Low
Day's Volatility:2.37%
High
2.17%
- ₹311.2₹475.5₹445.55
30.15%
Low
52 Weeks Volatility:36.88%
High
6.72%
| Returns % | |
| 1 Month Return | 2.26 % |
| 3 Month Return | 5.53 % |
| 1 Year Return | 40.29 % |
| Market Stats | |
| Previous Close | ₹450.95 |
| Open | ₹453.15 |
| Volume | 1.07L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹13,040.34Cr |
Analyst Rating
based on 4 analysts
Based on 4 analysts offering long term price targets for Vardhman Textiles Ltd. An average target of ₹443.5
Source: S&P Global Market Intelligence
Company Information
Vardhman is one of the largest producers of cotton yarn in India. The company offers a wide range of cotton yarns, from carded to combed, from single to double, from dyed to grey. It also produces a variety of specialty yarns such as slub, core spun, and airjet yarns. Vardhman also produces a wide range of fabrics, including denim, shirting, suiting, and knits. The company is also one of the largest producers of home textiles, offering bed sheets, pillow covers, curtains, and other home furnishing products.
Share Price: ₹445.55 per share as on 30 Apr, 2024 04:01 PM
Market Capitalisation: ₹13,040.34Cr as of today
Revenue: ₹2,329.51Cr as on December 2023 (Q4 23)
Net Profit: ₹161.86Cr as on December 2023 (Q4 23)
Listing date: 19 Jan, 1995
Chairperson Name: Shri Paul Oswal
| Organisation | Vardhman Textiles Ltd |
| Headquarters | Ludhiana |
| Industry | Textiles |
| E-voting on shares | Click here to vote |
Key events for Vardhman Textiles Ltd
Private Companies Bear Brunt of Vardhman Textiles' Market Cap Decline - 14 Mar, 2024
Last week, Vardhman Textiles Limited saw an ₹8.9b market cap decline, with private companies bearing the brunt of it due to their considerable ownership in the company. The top 3 shareholders own 58% of the company.
Fundamentals of Vardhman Textiles Ltd
Insights on Vardhman Textiles Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 134.3 Cr → 160.23 Cr (in ₹), with an average increase of 16.2% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 12.66% to 13.04% in Mar 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 64.13% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Swan Energy Ltd has given 162.2% return, outperforming this stock by 121.9%
- NO EFFECT
Against Peers
In the last 3 years, Swan Energy Ltd has given 367.4% return, outperforming this stock by 275.0%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 6.37% to 6.28% in Mar 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, VTL stock has moved down by -1.9%
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 2.49K Cr → 2.41K Cr (in ₹), with an average decrease of 3.2% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 15.47% to 15.11% in Mar 2024 quarter
Vardhman Textiles Ltd Valuation
Vardhman Textiles Ltd in the last 5 years
Lowest (5.34x)
March 30, 2020
Today (21.75x)
April 29, 2024
Industry (79.52x)
April 29, 2024
Highest (54.10x)
January 20, 2022
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 64.13% | 0.00 | |
| Foreign Institutions | 6.28% | 0.00 | |
| Mutual Funds | 15.11% | 0.00 | |
| Retail Investors | 13.04% | 0.00 | |
| Others | 1.43% | 0.00 |
Technicals of Vardhman Textiles Ltd share
News & Events of Vardhman Textiles Ltd
Frequently Asked Questions
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Vardhman Textiles Ltd (VTL) share price today is ₹445.55
Vardhman Textiles Ltd is listed on NSE
Vardhman Textiles Ltd is listed on BSE
- Today’s highest price of Vardhman Textiles Ltd is ₹455.2.
- Today’s lowest price of Vardhman Textiles Ltd is ₹444.65.
PE Ratio of Vardhman Textiles Ltd is 21.75
PE ratio = Vardhman Textiles Ltd Market price per share / Vardhman Textiles Ltd Earnings per share
Today’s traded volume of Vardhman Textiles Ltd(VTL) is 1.07L.
Today’s market capitalisation of Vardhman Textiles Ltd(VTL) is ₹13040.34Cr.
| Vardhman Textiles Ltd(VTL | Price |
|---|---|
52 Week High | ₹475.5 |
52 Week Low | ₹311.2 |
Vardhman Textiles Ltd(VTL) share price is ₹445.55. It is down -6.30% from its 52 Week High price of ₹475.5
Vardhman Textiles Ltd(VTL) share price is ₹445.55. It is up 43.17% from its 52 Week Low price of ₹311.2
| Vardhman Textiles Ltd(VTL | Returns |
|---|---|
1 Day Returns | -5.4% |
1 Month Returns | 2.26% |
3 Month Returns | 5.53% |
1 Year Returns | 40.29% |