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Buy Vardhman Textiles; target of Rs 1100: ICICI Direct


ICICI Direct is bullish on Vardhman Textiles has recommended buy rating on the stock with a target price of Rs 1100 in its research report dated August 26, 2016.

Cotton crop likely to be at 336 lakh bales in 2016-17: CAI

29-08-2016| Source:PTI

Cotton production is estimated to be at 336 lakh bales for the cotton season 2016-17 starting October 1, on better weather conditions, Cotton Association of India (CAI) said in its first estimate.

Thambbi Modern: Outcome of AGM


Thambbi Modern Spinning Mills Ltd has informed BSE that the 38th Annual General Meeting (AGM) of the Company was held on August 29, 2016.

Trident gets green nod for Rs 440 cr paper mill expansion proj

29-08-2016| Source:PTI

The company, which was established in 1993, has proposed upgradation of paper machines to increase production of paper from 1,35,000 tonnes per annum (TPA) to 2,10,000 TPA and increase captive co-generation plant from 45.9 MW to 90.9 MW.

ICRVL eyes Rs 500 cr business from Boutique Living in 5 years

29-08-2016| Source:PTI

ICRVL is a subsidiary of Mumbai-based textile manufacturer and exporter Indo Count Industries (ICIL). ICIL reported turnover of Rs 2,213 crore in the fiscal year 2015-16.

Him Fibres board meeting on Sept 02, 2016


Himachal Fibres has informed that a meeting of Board of Directors of the company will be held on September 02, 2016.

Cotton prices to trade sideways to down: Angel Commodities


According to Angel Commodities, We expect cotton prices may trade sideways to down as industrial demand is muted due to want of good qual ity cotton and expectation of better production

Trident zooms 13% amid hopes it would get Welspun's Target biz  


all ties with the company. Target has alleged that Welspun has been selling cheap cotton products to it under the guise of Egyptian cotton for the past two years, between August 2014 and July 2016

Welspun fiasco follows yrs of plummeting Egyptian cotton output

25-08-2016| Source:Reuters

The Cotton Egypt Association lists Welspun as one of just three companies permitted to label its products with the association's "Gold Seal," which was launched earlier this year

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