Vardhman Polytex Ltd

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VARDMNPOLY •
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Stock Performance
52 Week Low - High
Today’s Low - High

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Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
27.07% Fall from 52W High
15.6
TTM PE Ratio
Negative PE TTM
-9.1
Price to Book Ratio
Negative Price to Book
-0.7
Dividend yield 1yr %
0
TTM PEG Ratio
0
RSI
RSI is mid-range
35.4
MFI
MFI strongly Oversold
18.7

Vardhman Polytex Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Vardhman Polytex Ltd shareholding Pattern

Promoter
49.1%
Foreign Institutions
0.2%
Public
50.6%
Promoter
49.1%
Foreign Institutions
0.4%
Public
50.5%
Promoter
49.1%
Foreign Institutions
0.6%
Public
50.2%
Promoter
55.2%
Foreign Institutions
1.4%
Public
43.4%
Promoter
60.2%
Foreign Institutions
1.5%
Public
38.3%
Promoter
60.2%
Foreign Institutions
2.8%
Public
37%

Vardhman Polytex Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
5
Bearish Moving Averages
11
5Day EMA
9.10
10Day EMA
9.30
12Day EMA
9.30
20Day EMA
9.50
26Day EMA
9.60
50Day EMA
9.50
100Day EMA
8.90
200Day EMA
7.80
5Day SMA
9.00
10Day SMA
9.30
20Day SMA
9.80
30Day SMA
9.80
50Day SMA
9.90
100Day SMA
8.80
150Day SMA
8.00
200Day SMA
7.40
Delivery & Volume
Resistance & Support
9.00
Pivot
Resistance
First Resistance
9.16
Second Resistance
9.34
Third Resistance
9.50
Support
First Support
8.82
Second support
8.66
Third Support
8.48
Relative Strength Index
35.45
Money Flow Index
18.74
MACD
-0.27
MACD Signal
-0.15
Average True Range
0.55
Average Directional Index
14.07
Rate of Change (21)
-15.93
Rate of Change (125)
51.91
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Ginni Filaments Ltd.
264.14
24.4
45.2
Shiva Texyarn Ltd.
-
-
-
T T Ltd.
258.58
72.6
132.5
RRIL Ltd.
-
-
-
Modern Threads (India) Ltd.
-
-
-
AB Cotspin India Ltd.
-
-
-

Vardhman Polytex Ltd Company background

Founded in: 1980
Managing director: Adish Oswal
Promoted as a joint sector company by Mohta Industries (MIL) and the Punjab State Industrial Development Corporation (PSIDC), Vardman Polytex Ltd. (VPL) was incorporated as Punjab Mohta Polytex. The Companys principal activity is manufacturing of yarn garments. 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 longterm 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 199899, 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.In 200304, the modernisation and upgradation of Bhatinda Unit of the Company was completed. Also, the Company set up the 25000 spindles capacity in a new Unit namely Vinayak Textile Mills at Ludhiana which commenced its regular production during 200304. A new subsidiary company in the name of Oswal F. M. Hammerle Textiles Ltd. for manufacturing the quality yarn piece dyed shirting fabr was floated during 200506.The Companys expansion of additional 30000 spindles at Bathinda was implemented, which started commercial production in 200708. M/s Amkryon International (P) Ltd., a garment manufacturing facility was amalgamated with the Company during 2008. With this amalgamation, the activities of Company were extended to garment manufacturing also.During 200809, the Company acquired the assets and Trade marks, trade names, brand name namely F.M. Hmmerle estd. 1836 from F.M. Hmmerle Textilwerke GmbH Co KG. For this purpose, the Company floated two subsidiaries namely F.M. Hmmerle Nfg GmbH and F.M. Hmmerle Verwaultungs GmbH in Dornbirn (Austria).During FY 201314, the spinning project at Nalagarh (HP) was commissioned to its planned capacity of 40800 spindles after adding 15800 spindles.
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Vardhman Polytex Ltd FAQs

Vardhman Polytex Ltd shares are currently priced at 8.97 on NSE and 8.92 on BSE as of 7/11/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Vardhman Polytex Ltd [VARDMNPOLY] share was 38.63. The Vardhman Polytex Ltd [VARDMNPOLY] share hit a 1-year low of Rs. 4.89 and a 1-year high of Rs. 12.3.

The market cap of Vardhman Polytex Ltd is Rs. 244.8 Cr. as of 7/11/2024 12:00:00 AM.

The PE ratios of Vardhman Polytex Ltd is 0 as of 7/11/2024 12:00:00 AM.

The PB ratios of Vardhman Polytex Ltd is -0.67 as of 7/11/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.01% at the end of 7/11/2024 12:00:00 AM.

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