History of the Lalbhai Group
The Lalbhai Group and Arvind Ltd are names synonymous with Indian textiles, their histories intricately woven together like threads on a loom. From a humble seed sown in 1905, this combined legacy has blossomed into a vibrant tapestry of entrepreneurial spirit, social responsibility, and unwavering commitment to excellence.
Lalji Naranji, the patriarch of the Lalbhai family, planted the first seed in 1905 with the establishment of The Ahmedabad Mill. This mill laid the foundation for what would become the Lalbhai Group, a textile powerhouse known for its dedication to quality and innovation.
In 1931, Kasturbhai Lalbhai, Lalji's son, founded Arvind Ltd. Driven by a vision beyond textiles, Arvind diversified into chemicals, real estate, and other sectors, transforming itself into a multi-faceted conglomerate. The 1950s saw a pivotal moment with Arvind Mafatlal, Kasturbhai's son, taking the helm. Arvind embarked on an ambitious expansion plan, bringing iconic international brands like Arrow and Calvin Klein to India. He also championed social causes, establishing hospitals and educational institutions that continue to benefit countless lives.
The 21st century witnessed the rise of Sanjay Lalbhai, Kasturbhai's grandson, as Chairman of Arvind Ltd. Under his leadership, the company embraced sustainability and technology, launching initiatives like Khadi Denim and venturing into areas like wearable technology.
Sector Presence of the Lalbhai Group
The following are some of the sectors where the Lalbhai Group has a presence:
- Fashion and Textiles: Arvind Ltd, the company in this sector, has a diverse portfolio that spans luxury, lifestyle, and casual segments.
- Chemicals: Atul Ltd is a major player in speciality chemicals, catering to industries like textiles, pharmaceuticals, and paints. It's India's second-largest manufacturer of dyes.
- Real Estate: Arvind SmartSpaces focuses on developing premium residential and commercial projects across key Indian cities.
- Engineering: Amal Ltd offers services and solutions in areas like environmental engineering, water treatment, and infrastructure development.
- Infrastructure: Anup Engineering Ltd is present in the oil and gas, power, water, aerospace, and even Pharmaceuticals.
- Pharmaceuticals: Anup Engineering is present in Pharmaceuticals.
- Internet: Arvind Internet offers SaaS solutions, including AI-based solutions for portals and omnichannel marketing.
- Environmental Solutions: Arvind Envisol works in waste water and sewage treatment segments.
How To Invest in Lalbhai Group Stocks?
To invest in Lalbhai Group stocks via Angel One, follow these steps:
- Log in to your Angel One account.
- Click on the search icon and look for your desired Lalbhai Group stock.
- Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
- To complete your transaction, click on the ‘Buy’ button.
You can track the status of the purchase from the ‘Positions’ section in the ‘Orders’ module. Once the stock is delivered, you can track its gains and losses from your ‘Portfolio’.
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