VARDHMAN POLYTEX LTD. SHARE PRICE [LIVE]
| Open: | |
| High: | |
| Low: |
| MKT Cap: | |
| 52-wk High: | |
| 52-wk Low: |
| Prev close: | |
| P/E: | |
| Div yield: |
Fundamental analysis
What is not working for the company?
What is working for the company?
| Name | Dec 22 | Sep 22 |
|---|---|---|
| Promoters (Change:0.00) | 60.16% | 60.16% |
| FIIs (Change:0.13) | 1.96% | 1.83% |
| Mutual Funds (Change:0.00) | 0.01% | 0.01% |
| Insurance Companies (Change:0.00) | 0% | 0% |
| Other DIIs (Change:0.00) | 0% | 0% |
| Non Institution (Change:-0.13) | 37.87% | 38% |
Similar Stocks
Return Calculator
This tools helps you project your potential return on investments for the given stock, for a specified amount over a per-defined period of time.
If I had made LUMPSUM investment of ₹ 1,00,000
in VARDHMAN POLYTEX LTD.
Months ago
My investment would be worth ₹ 1,41,900 with a Gain of 41.90 %
VARDMNPOLY News
Frequently Asked Questions
What is the Share price of VARDHMAN POLYTEX LTD. (VARDMNPOLY)?
Can I buy VARDHMAN POLYTEX LTD. (VARDMNPOLY) shares?
How do I buy VARDHMAN POLYTEX LTD. (VARDMNPOLY) from Angel One?
- Direct investment: You can buy VARDHMAN POLYTEX LTD. (VARDMNPOLY) shares by opening a Demat account with Angel One.
- Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to VARDHMAN POLYTEX LTD. (VARDMNPOLY) shares.
In which sector do VARDHMAN POLYTEX LTD. (VARDMNPOLY) belong?
About VARDMNPOLY
Today's live share price for VARDHMAN POLYTEX LTD. is NSE: ₹ 25.20, BSE: ₹ 25.05 with a current market capitalization of .
Promoted as a joint sector company by Mohta Industries (MIL) and the Punjab State Industrial Development Corporation (PSIDC), Vardman Polytex (VPL) was incorporated as Punjab Mohta Polytex. The promoters also have interests in Mahavir Spinning Mills and Vardhman Spinning and General Mills. The company came out with a rights issue at a premium of Rs 60 aggregating Rs 24.92 cr and 28.48 lac 13% secured NCDs of Rs 250 aggregating Rs 71.21 cr in Jan.'95. The issue was to set up a 100% EOU with an installed capacity of 25,200 spindles in Punjab, expansion of its plant, and to meet long-term working capital needs. Total project cost was Rs 110.14 cr. VPL manufactures coarse, medium and fine counts of 100% cotton yarn. It also produces 100% acrylic yarn, acrylic cotton yarn, polyester cotton yarn and tyre cord yarn. The company exports its products to the UK, Belgium, Italy, Germany, Korea, Australia, New Zealand, Hong Kong and Taiwan. During 1998-99, the company had taken expansion by way of a new unit of 19,872 spindles at Baddi at a cost of Rs 41 crs which was commissioned on November, 1999. The Bathinda unit was also upgraded with an investment of Rs.34.00 crore making it capable of competing with the best in cotton yarns. An expansion of spindles was taken up latter in the year 2001 at a cost of Rs.2845.00 lacs.The total cost was partly finance through internal accruals and partly from term loans from FIs. The company has started expansion plan to enhance the capacity to 25000 spindles for spinning and a dye house at the newly acquired site at Focal point,Ludhiana.
Read more
