Wednesday, July 15, 2020

350% Returns in 6 Months , Vardhman Polytex Limited , CMP -12, Technical and Fundamentals, Stock Market News


Vardhman Polytex Limited

CMP- 12


COMPANY PROFILE


Vardhman Polytex Limited, through its subsidiaries, manufactures and sells yarns and garments in India and internationally. The company provides yarns, including grey cotton yarns, polyester cotton yarns, compact yarns, organic cotton yarns, BCI cotton yarns and blends, dyed yarns, SUPIMA cotton yarns, modal and cotton/modal blends, bamboo and cotton/bamboo blends, slub/multicount yarns, and lycra/spandex blended core spun yarns.

 It also offers fabrics, including yarn dyed shirting fabrics; various fabric constructions; and fabrics with mechanical and chemical finishes. In addition, the company provides garments, such as polo and round neck T-shirts, hoodies, sweatshirts, etc. for men, women, and kids. Further, the company develops real estate projects. 


Vardhman Polytex Ltd., incorporated in the year 1980  and is based in Ludhiana, India, is a Small Cap company (having a market cap of Rs 27.86 Crore) operating in Textiles sector.

Key Segments contributing in the Revenue

Vardhman Polytex Ltd. key Products/Revenue Segments include Yarn (Grey) which contributed Rs 423.06 Crore to Sales Value (67.99 % of Total Sales), 

Dyed Yarn which contributed Rs 100.95 Crore to Sales Value (16.22 % of Total Sales), Waste Sales which contributed Rs 51.24 Crore to Sales Value (8.23 % of Total Sales), 

Textile Goods (Traded) which contributed Rs 35.04 Crore to Sales Value (5.63 % of Total Sales), Garments which contributed Rs 6.60 Crore to Sales Value (1.06 % of Total Sales),

 Export Incentives which contributed Rs 4.39 Crore to Sales Value (0.70 % of Total Sales), Other Operating Revenue which contributed Rs .93 Crore to Sales Value (0.14 % of Total Sales),

 Job Work which contributed Rs .00 Crore to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2018.

Latest Quarter Performance

For the quarter ended 31-03-2020, the company has reported a Consolidated sales of Rs 135.59 Crore, up 10.29 % from last quarter Sales of Rs 122.94 Crore and down -36.44 % from last year same quarter Sales of Rs 213.33 Crore Company has reported net profit after tax of Rs 161.59 Crore in latest quarter.

Top Managements

The company’s top management includes Mr.Adish Oswal, Mr.Harpal Singh, Ms.Aarti Rawat. Company has Romesh K Aggarwal & Associates as its auditors As on 31-03-2020, the company has a total of 22,290,957 shares outstanding.

 Technical Performance 

1) Price Movement in the Recent 1 Year

Vardhman Polytex Limited , Up by 350% in 6 Months , Stock Market News

2) PRICE GAIN/LOSS TABLE IN RECENT TIME


Vardhman Polytex Limited , Up by 350% in 6 Months , Stock Market News

The above table shows how price of the stock perform in different Time Periods


3) Below Table shows high /low of the stock in different time periods

Vardhman Polytex Limited , Up by 350% in 6 Months , Stock Market News


4)  Table showing how Simple and Exponential moving average have performed in different time period according to the price of the share 


Vardhman Polytex Limited , Up by 350% in 6 Months , Stock Market News

Vardhaman Polytex ltd is currently trading above all 5days, 15 days, 100 days and 200 days moving averages showing strong trend on technical parameters

Fundamental Performance


1) Vardhaman Polytex Ltd  Profit & Loss statement in the recent year

Vardhman Polytex Limited , Up by 350% in 6 Months , Stock Market News

2) Balance Sheet in the recent years


Vardhman Polytex Limited , Up by 350% in 6 Months , Stock Market News

3) Cash Flow statement 


Vardhman Polytex Limited , Up by 350% in 6 Months , Stock Market News

4) Key Ratios in recent years of the Vardhaman Polytex ltd


Vardhman Polytex Limited , Up by 350% in 6 Months , Stock Market News

5) Shareholding Patterns in recent years


Vardhman Polytex Limited , Up by 350% in 6 Months , Stock Market News
Vardhaman Polytex has Promoter holding of 60.18 % , FIIs holding is 1.18 , DIIS holding 0.01% and public holding in the company is 38.66 %.



Note & Disclaimer

In NO WAY should be considered as a tip as its based on past data. We strongly recommend to use these signals for information only and seek advise from a certified professional for any trading decision.
www.finvestonline.com does not take any compensation of any kind whatsoever from any blog reader and company that are mention on this website. All data and reports used by www.finvestonline.com are in public domain and are used only for information and educational purposes and are not individualized recommendations to buy or sell securities, nor offers to buy or sell securities, nor acting in any way to influence the purchase or sale of securities. The information provided is obtained from sources deemed reliable but is not guaranteed as to accuracy or completeness.
www.finvestonline.com is not a SEBI registered Investment Adviser or Research Analyst.Each user shall be responsible for the risks of their own investment activities and, in no event, shall www.finvestonline.com be liable for any losses or damages, monetary or otherwise, that result from actions taken after reading the contents of reports, reviews and analysis published on the www.finvestonline.com. www.finvestonline.com recommend that anyone trading securities should do so with caution and consult with a broker and financial advisor before doing so, as stock market has a high degree of volatility and risk.



No comments:

Post a Comment