Finance News : Multibagger stock Best performing textile stock with over 400% return

Adinath Textiles

Adinath Textiles Ltd., based in 1979, is a Textiles-focused Small Cap enterprise with a market capitalization of Rs 15.43 crore. The firm presently has 4800 spindles put in.

The firm has invested in cutting-edge equipment from (SAVIO) Italy and NSC (France). Adinath, as a accountable company citizen, strictly follows company governance requirements to ensure that the corporate‘s assets are used to fulfill its duties to all stakeholders.

The inventory has gained over 1,224.56% returns from January 2021 until August 13, 2021. The inventory hit a 52-week excessive in the present day.

fund

Sportking India

Sportking India Limited, 1989-based, is a textile-centric small-cap firm with a market capitalization of Rs 1,413.58 crore. In 1993, SIL opened a spinning plant in Village Meharban, Rahon Road, Ludhiana, with a capability of 6720 spindles for the manufacturing of acrylic yarns. Stock returned 2219.68 % over three years, in comparison with 33.04 % for the Nifty Smallcap 100.

The company reported a net income of Rs 451.81 crore for the quarter ended June 30, 2021. In the latest quarter, the corporate generated a web revenue after tax of Rs 78.99 crore.

From January 2021 to August 13, 2021, the inventory returned over 861 %.

Raja Bahadur International

The Pittie household, famed entrepreneurs, based Raja Bahadur International Limited (RBIL), previously often called The Raja Bahadur Motilal Poona Mills Ltd., across the finish of the nineteenth century in pre-independent India, and it was integrated as a Public Limited Company in 1926 for the aim of producing textile merchandise. It is a small-cap firm with a market capitalization of Rs 265.12 crore.

The inventory appreciated nearly 544 % from January 2021 to August 13, 2021.

Betex India

Betex India Ltd., based in 1992, is a Textiles-focused Small Cap enterprise with a market capitalization of Rs 15.71 crore. The firm reported a Standalone Total Income of Rs 9.20 Crore for the quarter ended June 30, 2021, down 52.77 % from the earlier quarter’s Total Income of Rs 19.47 Crore however up 860.33 % from the identical interval final 12 months’ Total Income of Rs.96 Crore. In the latest quarter, the corporate achieved a web revenue after tax of Rs.19 crore.

The inventory appreciated nearly 456 % from January 2021 to August 13, 2021.

Nahar Spinning

Nahar Spinning Mills Ltd., based in 1980, is a Small Cap firm within the Apparels trade with a market capitalization of Rs 1,488.60 crore. The inventory returned 345.73 % over three years, in comparison with 33.04 % for the Nifty Smallcap 100.

The firm reported a Standalone Total Income of Rs 739.53 Crore for the quarter ended June 30, 2021, up 1.53 % from the earlier quarter’s Total Income of Rs 728.37 Crore and up 250.48 % from the earlier 12 months’ similar quarter Total Income of Rs 211.00 Crore. In the latest quarter, the corporate generated a web revenue after tax of Rs 100.34 crore.

The inventory appreciated nearly 462 % from January 2021 to August 13, 2021.

Best Textile Stocks in 2021

Company Market Cap (Rs crore) Price on Aug 13, 2021 YTD Returns (%)
Adinath Textiles 10.82 22.65 1,224.56%

Sportking India

1413.584,468.20893.37%

Disclaimer

Investing in equities poses a danger of economic losses. Investors should due to this fact train due warning. Greynium Information Technologies, the creator, and the brokerage homes should not answerable for any losses prompted on account of selections based mostly on the article.

Leave a Reply

Your email address will not be published.