Name: Latest research reports of Arvind Ltd. authored by Sharekhan and published by - Trendlyne research reports.
Item: Arvind Ltd.
Rating: 3
Author: Sharekhan

Arvind Ltd.

NSE: ARVIND | BSE: 500101 | ISIN: INE034A01011 | Industry: Textiles
| Mid-range Performer

370.0500 7.10 (1.96%)

NSE Apr 17, 2025 15:31 PM

25.33% Gain from 52W Low

Volume: 559.6K

Arvind Ltd.

06 Aug 2019

370.05

1.96%

Arvind Limited's (Arvind) Q1FY2020 performance was affected by lower margins in the textile business due to subscale operations of its newer garmenting facilities. Revenue grew by ~5% y-o-y as the denim segment's volumes continued to remain under pressure (garmenting segment's revenue grew by 20% because of increased garment production). Revenue of advanced material business grew by 31% and margins improved on a y-o-y basis. Management expects revenue to grow by 6-7% and OPM is likely to sustain at 10% y-o-y for FY2020 (we have factored in OPM of...

Arvind Ltd. is trading below its 200 day SMA of 371.1