Vardhman Textiles Ltd
NSE:VTL
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Software AG
XETRA:SOW
|
DE |
VTL's latest stock split occurred on Mar 24, 2022
The company executed a 5-for-1 stock split, meaning that for every share held, investors received 5 new shares.
Before the split, VTL traded at 527.79 per share. Afterward, the share price was about 539.95.
The adjusted shares began trading on Mar 24, 2022. This was VTL's 3rd stock split, following the previous one in Sep 15, 2005.
Global
Stock Splits Monitor
Vardhman Textiles Ltd
Glance View
Vardhman Textiles Ltd. stands out as a formidable player in the textile industry, with its roots tracing back to the year 1965. Founded by the visionary Paul Oswal, it began as a small family-run venture and burgeoned into one of India’s most significant textile conglomerates. The company orchestrates its operations across various segments of the textile cycle, including manufacturing, spinning, weaving, and finished products. What sets Vardhman apart is its vertically integrated model, which allows for significant control over its supply chain, ensuring the production quality remains impeccably high while optimizing costs. This model not only contributes to steady revenue generation but also offers a distinct competitive advantage in managing market volatility. The company generates its revenue primarily through the production and sale of yarn, which touches nearly 60% of its earnings. Vardhman’s diverse portfolio doesn't end there; it also encompasses fabric manufacturing and garment production, catering to both domestic and international markets. The firm capitalizes on demand from key export markets such as Europe and the United States, aligning its offerings with stringent global quality standards. Furthermore, Vardhman's constant innovation in textiles, staying ahead of trends and technology, fuels its sustained growth. The firm’s adeptness at foreseeing market dynamics and its strategic partnerships further fortify its standing in the competitive landscape of the global textile industry.
CUE
3902
MMI