Vardhman Textiles Limited, together with its subsidiaries, manufactures, purchases, and sells textiles and fibres in India and internationally. The company offers yarns, fabrics, acrylic fibers, threads, and garments. It also provides specialized greige and dyed yarns in cotton, polyester, acrylic, viscose, specialized fibers, and various blends; fabrics, such as piece dyed, yarn dyed, printed, fiber blends, weaved, and specialty finishes. In addition, the company is involved in lending and investing activities; and the manufacture and sale of hot rolled bars, and special and alloy steel products, including carbon steel, case hardening steel, through hardening steel, and other products for automotive, engineering, bearing, and allied industries. It also exports its products. The company was formerly known as Mahavir Spinning Mills Limited and changed its name to Vardhman Textiles Limited in September 2006. Vardhman Textiles Limited was founded in 1965 and is based in Ludhiana, India.
Indian Market Performance
7D7 Days: -1.6%
3M3 Months: 5.3%
1Y1 Year: -5.8%
YTDYear to Date: -0.5%
Over the last 7 days, the market has dropped 1.6%, driven by a pullback of 2.1% in the Financials sector. As for last year, the market is also down 5.8%. Looking forward, earnings are forecast to grow by 15% annually. Market details ›
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