Levered/Unlevered Beta of Vardhman Textiles Ltd. ( 502986 | IND) Beta is a statistical measure that compares the volatility of a stock against the volatility of the broader market, which is typically measured by a reference market index. Vardhman Textiles Limited, together with its subsidiaries, manufactures and sells textiles and fibre in India, the United States, Europe, rest of Asia, and internationally. The company earlier was holding 89.44% shares of VMT and with this purchase VMT has become its 100% subsidiary.During … Vardhman Textiles Limited manufactures textile products. Rolling Mill. Steel Melting. As a responsible corporate citizen, VSSL is committed to providing a safe, progressive, and sustainable work environment. There has been no material change in the nature of the business of the subsidiaries. It has reported a consolidated sales of Rs. Every decade it went into diversification, expansion and joint ventures. 1,000,000,000 and its paid up capital is Rs. Rewards. Vardhman Textiles | 44,833 followers on LinkedIn. Vardhman Polytex Limited | 1,351 followers on LinkedIn. Peer Name Market Cap. Vardhman Textiles Limited (VTL) is a listed company engaged in the business of manufacturing cotton yarn, synthetic yarn and woven fabrics. Local Business. This is because all the entities, collectively referred to as the Vardhman group, are in the textile business, have an integrated treasury and strong intra-group operational linkages, including common procurement of cotton. Vardhman Textiles Ltd. is now in the midst of expansion in fabric capacities, part of which, a printing line, already commenced commercial production in March last. The technical expertise at VSSL is worth a special mention. Vardhman Polytex Ltd. Vardhman Park, Chandigarh Road LUDHIANA 141123 P: +91161.2685301 F: +91161.6629988 More Details. Page Transparency See More. Vardhman Textiles Ltd is a manufacturer and seller of textiles and acrylic fiber. Vardhman Textiles Ltd is in the Textiles sector, having a market capitalization of Rs. Vardhman Textiles Limited. Vardhman Textiles Limited has informed the Exchange regarding allotment of 43800 securities pursuant to ESOP/ESPS at its meeting held on January 04, 2021 (Textile Industry) Submitted To: Dr. Pinku Paul Presented By: Group A3 Ankur Sengupta (20PGPM008) Apoorv Sarin (20PGPM010) Priti Das (20PGPM030) Rahul Shaw (20PGPM034) Rounak Ghosh (20PGPM042) Shubham Katiyar (20PGPM052) Supratim Dey (20PGPM059) It was incorporated in 1962 and has made its market in not only textile but steel too. Vardhman Textiles Limited is a Public incorporated on 08 October 1973. Vardhman Textiles Limited (formerly Mahavir Spinning Mills Limited) was incorporated in the year October 08, 1973. See actions taken by the people who manage and post content. May 28, 2020 04:05 IST | India Infoline News Service. Spanning over 25 manufacturing facilities in five states across India, the Group business portfolio includes Yarn, Greige and Processed Fabric, Sewing Thread, Acrylic Fibre and Alloy Steel. 704 people like this. Corporate Responsibility. Page created - November 29, 2017 . On May 28, 2020, Vardhman Textiles Limited (VTXL) announced its decision to merge with its wholly owned subsidiaries, VMT Spinning Company Limited (VMTSL, 'CRISIL AA/Watch Positive/CRISIL A1+') and Vardhman Nisshinbo Garments Company Limited (VNGL, 'CRISIL A+/Watch Positive'). Hammerle Textiles Ltd. and F.M. This is because all the entities, collectively referred to as the Vardhman group, are in the textile business, have an integrated treasury and strong intra-group operational linkages, including common procurement of cotton. Its authorized share capital is Rs. The Company offers wide range of greige and dyed yarns in cotton, polyester, acrylic, and a variety of blends. Vardhman Textiles Limited: 6,204: K.P.R. The company is based in India and generates about a quarter of revenue internationally. The Company has two subsidiaries, namely F.M. Rooted In Values, Creating World Class Textiles | Vardhman Group is a leading textile conglomerate in India having a turnover of $1.1 bn. Vardhman Group is a leading textile conglomerate in India having a turnover of $1009 mn. Facebook is showing information to help you better understand the purpose of a Page. Vardhman Textile has entered into Joint Venture Agreement on March 24th, 2008 with American & Efird Inc (A&E), a subsidiary of Ruddick Corporation, USA. The company was incorporated in 1973 and is based in Tiruppur. Community See All. It is classified as Non-govt company and is registered at Registrar of Companies, Chandigarh. Bright Bar. Risk Analysis . On 6 September 2017, Vardhman Textiles informed the stock exchanges that the company has purchased entire stake of Marubeni Corporation (6.67%) and Marubeni Hong Kong and South China Limited (3.89%) in its subsidiary, M/s VMT Spinning Company Limited (VMT). Vardhman Special Steels Limited incorporates cutting-edge manufacturing technology. Vardhman Textiles Ltd. is part of the Vardhman Group that is engaged in the textile industry. The group is sixty years old started with 6000 spindles to manufacture yarns. Vardhman Textiles Limited is an integrated textile manufacturer. Delicate Threads that Binds us Together | Vardhman Polytex Limited (VPL) was originally promoted by Mohta Group and PSIDC under the name & style, M/s Punjab Mohta Polytex Limited. \ About the Company: Vardhman Textiles Limited is an integrated textile manufacturer with its head office in Ludhiana, Punjab. Vardhman Textiles Limited . Vardhman Textiles Limited, together with its subsidiaries, operates as an integrated textile manufacturing company in India. It has its global alliances in USA, South Korea and Japan. 5,181.40 crores. It is inolved in Spinning, weaving and finishing of textiles. Vardhman Textiles Ltd. Local Business . Large one-off items impacting financial results. Vardhman Nisshinbo Garments Company Limited (VNGL) This subsidiary of the Company is a Joint Venture partnership of 51:49 with Nisshinbo Textiles Inc., Japan for manufacturing men''s shirts. Hammerle Verwaltungs GmbH, Austria, as on 31 st March, 2016. Vardhman Textiles Limited. 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