The company has shown some strong fundamentals and has registered consistent sales growth of 10-12 percent and profit growth of 34.90 percent over the last 5 years.
Speaking about the outlook for business going forward Neeraj Jain, Joint MD, Vardhman Textiles said cotton production this year was better due to recent rainfall in Gujarat.
Hemang Jani of Sharekhan spoke to CNBC-TV18 about his expectations of the earnings season and L&T results today. Check out his comments.
In an interview with CNBC-TV18, Amit Kalyani, executive director of Bharat Forge spoke about the latest happenings in his company and sector.
In an interview with CNBC-TV18, Sunil Kanojia, group president of Sintex Industries talks about the latest happenings in his company and sector.
Maxwell Industries plans to hive off their spinning activity and expects Rs 39 crore from it. R Venkatraman, vice president for finance at Maxwell Industries indicated that the company has received 90% of the amount.
Textile manufacturer Sangam India is planning to generate additional revenue of Rs 250-275 crore through expansion and diversification programme.
PN Vijay, portfolio manager, pnvijay.com, joins CNBC-TV18 to make his value picks for the day that are nultibaggers. He picks Chennai-based Redington India and infrastructure-ancillary player, Elecon Enginnering.
PN Vijay, Portfolio Manager gives his top five blue-chips picks. He also explains how mutual funds are a vehicle that aid small investors with Rs 1-3 lakh funds by making their market journey less bumpy.
In an interview with CNBC-TV18, Sudhir Reddy, chairman and managing director of IVRCL Infrastructure said that the company is on track to meet its full-year guidance of about Rs 6,250 crore.