With a growth in Net Sales of 9.14%, Vardhman Textiles declared Outstanding results in Dec 21
On Saturday, Stocks of Vardhman Textile is trading at Rs 2713.20 with a loss of 104.30 or 3.70% at 5:50 PM.
Vardhman Group is a textile company established in Ludhiana, Punjab. It was organized in 1965. The organization is active in manufacturing and marketing in Yarn and Processed Fabric, Sewing Thread, Acrylic fibre and Alloy steel.
Overall Stock Analysis
Corporation has a low Debt to Equity percentage with an average of 0.12 times
With an improvement in Net Exchanges of 9.14 per cent, the corporation announced Outstanding outcomes in December 2021.
- The corporation has proclaimed positive outcomes for the previous 4 successive quarters
- OPERATING profit to interest in the quarter is elevated at 28.84 times
- Profit before Tax Shows less open interest at Rs 505.56 Crore has expanded at 48.8 per cent
- Return on capital employed is increased at 18.86 per cent
The specialized trend has enhanced from Mildly Bullish on 14th December 2021 and has produced 26.28 per cent recoveries since accordingly.
Numerous aspects for the share are Bullish including Moving average convergence divergence, Bollinger Band, KST, DOW and OBV
- It is rated 8 among all Mid Cap and 31 among the whole market.
Vardhman Textile exhibits outstanding performance by improving to 41 from 32 score in the results declared by BSE on 22 January 2022.
