Support and Resistance Levels
Past performance
About Vardhman Textiles Ltd Vardhman Textiles Limited, established in 1973 and headquartered in Ludhiana, is a prominent Indian textile manufacturer offering a comprehensive range of products, including cotton yarn, synthetic yarn, and woven fabric. It stands out as one of the few vertically integrated fabric manufacturers in India, with a substantial global presence, exporting to over 57 countries. The company has a vast production capacity, with over 1,00,000 spindles and a weaving capacity of over 193.4 million meters annually.
Through strategic alliances with global textile leaders, Vardhman Textiles has embraced advanced technologies, enhancing its production capabilities. Notably, the company underwent significant expansions and modernizations, such as the demerger of its steel business in 2011 and various capacity increases over the years. The company also engages in strategic transactions, including a joint venture with American & Efird Global, LLC, and later consolidating its stake in VMT Spinning Company Limited and Vardhman Nisshinbo Garments.