Finance & Economy | News & Insights

Vardhman Textiles Plunging in Trading Session

Published: October 10, 2023
Author: TANVI_MUNJAL

On October 5, 2023, the price of a share of Vardhman Textiles decreased by 1.35%. The price per share of the stock was 374 at the market’s closure. The price per share of the company is now sitting at 369.35. In the days and weeks ahead, investors should keep a

close eye on the price of Vardhman Textiles stock to see how it responds to the information that is released. 

As of October 5, 2023 IST, the current share price of Vardhman Textiles Ltd. is 370.45 on the National Stock Exchange (NSE) and 370.65 on the Bombay Stock Exchange (BSE). In the last three years, Vardhman Textiles Ltd. has generated a return that is equal to 31.77%. 

Vardhman is India’s biggest vertically integrated textile factory, and its annual revenue is above one billion dollars. The company’s name comes from the Sanskrit word for “Vardhman.” They generate 2.40 million metric tonnes of yarn per year in addition to 220 million metric tonnes of woven fabric, which enables them to directly employ in excess of 30,000 people.

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