Support and Resistance Levels
Past performance
About Aviva Industries Ltd Aviva Industries Ltd, established in 1984, originally focused on electrical goods as Ankush Electronics & Electricals before diversifying into textiles under the Gupta group in 1992 and eventually transitioning to the Glass Mosaic industry. Renamed Aviva Industries in 2005, the company has been a leader in Glass Mosaic production in India for nearly four decades. Aviva specializes in the manufacturing and trading of Glass and Glass Mosaic Products, along with Construction Chemicals, having shifted from its original textiles trading focus.
While less affected by fashion trends due to its intermediary product role, Aviva remains adaptable, quickly updating fabric designs based on customer specifications. However, the removal of the Multi Fibre Agreement (MFA) quota restrictions has introduced pricing pressures, with increased competition from low-cost economies in the international market. Despite these challenges, Aviva Industries continues to leverage its robust heritage in the Glass Mosaic sector.