Sector: Textile /Mid-Cap | Earnings Update 1QFY20 Background: Arvind Ltd is the flagship company of the Lalbhai Group, established in 1931. The company manufactures and sells about 300 million meters (mn mtr) of fabrics (denim, woven, knit, etc) and over 34 mn pieces of garments (FY19). In Advance materials business, the company is catering to various segments under this division. This includes human protection products such as firefighting jackets, bullet proof jackets, etc. The company across its other subsidiary Arvind fashions Ltd has...