Support and Resistance Levels
Past performance
About Varvee Global Ltd Aarvee Denims & Exports Limited, established in 1988, is a prominent manufacturer and seller of denim and non-denim fabrics, including indigo denim, headquartered in Narol, Ahmedabad. Initially known as Amtex India Limited, it transitioned to a public limited company in 1992. The company is promoted by the Arora and V B Shah groups and has expanded its production capacities significantly since its inception.
Key expansions include an increase in yarn dyeing and weaving capacities in the early 1990s, the addition of high-speed Tsudakoma Airjet looms in 1997-98, and substantial production capacity enhancements in the early 2000s. Aarvee Denims further diversified with the installation of a gabardine processing facility and the establishment of subsidiaries like Pee Vee Synthetics for exports and Aye Ess Spinning Mills Private Limited for spinning operations. These strategic expansions have positioned Aarvee Denims as a significant player in the textile industry, known for its quality fabric production.