Vardhman Textiles Share Price
Start SIP in Vardhman Textiles
Start SIPVardhman Textiles Performance
Day Range
- Low 492
- High 500
52 Week Range
- Low 339
- High 592
- Open Price499
- Previous Close499
- Volume102140
Vardhman Textiles Investment Rating
-
Master Rating:
-
Vardhman Textiles has an operating revenue of Rs. 9,494.97 Cr. on a trailing 12-month basis. An annual revenue de-growth of -5% needs improvement, Pre-tax margin of 8% is okay, ROE of 6% is fair but needs improvement. The company has a reasonable debt to equity of 5%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 11% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 71 which is a FAIR score but needs to improve its earnings, a RS Rating of 42 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 90 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 2,270 | 2,413 | 2,289 | 2,334 | 2,263 | 2,428 |
| Operating Expenses Qtr Cr | 1,926 | 2,110 | 2,051 | 2,134 | 2,045 | 2,170 |
| Operating Profit Qtr Cr | 344 | 303 | 237 | 200 | 218 | 258 |
| Depreciation Qtr Cr | 96 | 95 | 98 | 102 | 103 | 103 |
| Interest Qtr Cr | 18 | 28 | 19 | 22 | 32 | 30 |
| Tax Qtr Cr | 68 | 57 | 45 | 38 | 43 | 48 |
| Net Profit Qtr Cr | 227 | 187 | 161 | 128 | 131 | 150 |
Vardhman Textiles Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 7
- Bearish Moving Average
- ___
- 9
- 20 Day
- ₹496.92
- 50 Day
- ₹499.02
- 100 Day
- ₹487.20
- 200 Day
- ₹459.59
- 20 Day
- ₹494.50
- 50 Day
- ₹512.86
- 100 Day
- ₹487.58
- 200 Day
- ₹454.20
Vardhman Textiles Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 498.98 |
| Second Resistance | 502.92 |
| Third Resistance | 506.33 |
| RSI | 47.81 |
| MFI | 35.23 |
| MACD Single Line | -4.28 |
| MACD | -3.00 |
| Support | |
|---|---|
| First Support | 491.63 |
| Second Support | 488.22 |
| Third Supoort | 484.28 |
Vardhman Textiles Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 112,983 | 5,905,621 | 52.27 |
| Week | 193,318 | 8,158,003 | 42.2 |
| 1 Month | 463,114 | 14,458,432 | 31.22 |
| 6 Month | 413,121 | 13,558,622 | 32.82 |
Vardhman Textiles Result Highlights
Vardhman Textiles Synopsis
NSE-Apparel-Clothing Mfg
Vardhman Textiles Lt is involved in the business activities of Spinning, weaving and finishing of textiles. Company’s Total Operating Revenue is Rs. 9298.68 Cr. and Equity Capital is Rs. 57.83 Cr. for the Year ended 31/03/2024. Vardhman Textiles Ltd. is a Public Limited Listed company incorporated on 08/10/1973 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L17111PB1973PLC003345 and registration number is 003345.| Market Cap | 14,316 |
| Sales | 9,306 |
| Shares in Float | 10.41 |
| No of funds | 170 |
| Yield | 0.81 |
| Book Value | 1.63 |
| U/D Vol ratio | 2.6 |
| LTDebt / Equity | 5 |
| Alpha | 0.01 |
| Beta | 0.9 |
Vardhman Textiles Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 64.19% | 64.13% | 64.13% | 64.11% |
| Mutual Funds | 15.11% | 15.11% | 15.47% | 15.24% |
| Insurance Companies | 0.64% | 0.61% | 0.65% | 0.7% |
| Foreign Portfolio Investors | 6.12% | 6.29% | 6.37% | 6.95% |
| Financial Institutions/ Banks | ||||
| Individual Investors | 10.92% | 10.96% | 10.74% | 10.32% |
| Others | 3.02% | 2.9% | 2.64% | 2.68% |
Vardhman Textiles Management
| Name | Designation |
|---|---|
| Mr. Shri Paul Oswal | Chairman & Managing Director |
| Mrs. Suchita Jain | Vice Chairman & Jt Manag. Dir. |
| Mr. Neeraj Jain | Joint Managing Director |
| Mrs. Harpreet Kaur Kang | Independent Director |
| Mr. Sachit Jain | Non Executive Director |
| Mr. Prafull Anubhai | Independent Director |
| Ms. Sagrika Jain | Executive Director |
| Mr. Udeypaul Singh Gill | Independent Director |
| Mr. Suresh Kumar | Independent Director |
| Mr. Atul Khosla | Independent Director |
| Mr. Prem Kumar | Independent Director |
Vardhman Textiles Forecast
Price Estimates
Vardhman Textiles Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-07-30 | Quarterly Results | |
| 2024-05-09 | Audited Results & Final Dividend | |
| 2024-01-24 | Quarterly Results | |
| 2023-10-31 | Quarterly Results | |
| 2023-08-04 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2021-11-05 | INTERIM | Rs.34.00 per share(340%)Interim Dividend |
| Date | Purpose | Remarks |
|---|---|---|
| 2022-03-26 | Split | Rs.0.00 split from Rs. 10/- to Rs. 2/-. |
Vardhman Textiles FAQs
What is Share Price of Vardhman Textiles ?
Vardhman Textiles share price is ₹495 As on 18 September, 2024 | 02:30
What is the Market Cap of Vardhman Textiles ?
The Market Cap of Vardhman Textiles is ₹14315.6 Cr As on 18 September, 2024 | 02:30
What is the P/E ratio of Vardhman Textiles ?
The P/E ratio of Vardhman Textiles is 19.5 As on 18 September, 2024 | 02:30
What is the PB ratio of Vardhman Textiles ?
The PB ratio of Vardhman Textiles is 1.6 As on 18 September, 2024 | 02:30