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FY17 exports will cross Rs 400 cr aided by capex: Sangam India

SN Modani, MD of Sangam India says the company will cross Rs 400 crore in exports in FY17 as it has been receiving export orders for readymade garments from Latin America, Europe and South-East Asia.
Targetting topline growth of 10% in FY16: Sangam India

LL Soni, Joint President of Finance & Corporate Relations at Sangam India says exports are likely to contribute 30 percent to revenue this year.
See sales of Rs 1650 cr, EBITDA at 14-15% for FY15: Sangam

The board of Sangam India has given a nod for Rs 120-crore expansion plan for foraying into garment business.
Promoter holding now at 42.8%, may raise more stake: Sangam

According to SN Modani, there maybe further promoter buying for Sangam (India) as the stock is under-valued and the company will use this opportunity to consolidate its stake through creeping.

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FY17 exports will cross Rs 400 cr aided by capex: Sangam India

Targetting topline growth of 10% in FY16: Sangam India

See sales of Rs 1650 cr, EBITDA at 14-15% for FY15: Sangam

Promoter holding now at 42.8%, may raise more stake: Sangam