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Textile stock under ₹30 jumps 9% after securing export order worth ₹100 Cr

Alex Smith

Alex Smith

2 weeks ago

3 min read 👁 3 views
Textile stock under ₹30 jumps 9% after securing export order worth ₹100 Cr

SYNOPSIS: Vishal Fabrics secured a Rs. 100-crore Merchant Export Order from Kiran Enterprises to supply premium denim fabrics, with shipments beginning 15th January 2026 to key markets including Nigeria, Egypt, South Africa, Turkey and Morocco.

During Tuesday’s trading session, shares of a company involved in manufacturing and selling various textile products like dyed yarn, denim fabrics and job work of textile products surged nearly 9 percent on BSE, after the company secured an export order worth nearly Rs. 100 crores.

At 01:50 p.m., the shares of Vishal Fabrics Limited were trading in the green at Rs. 28.04 on BSE, up by around 3.6 percent, as against its previous closing price of Rs. 27.07, with a market cap of Rs. 694.3 crores. The stock has delivered negative returns of more than 7 percent in the last one year, but has gained by around 3 percent in a month.

What’s the News:

According to the latest disclosures filed with the stock exchanges, Vishal Fabrics Limited has received a Merchant Export Order worth approximately Rs. 100 crores from its domestic client, Kiran Enterprises. 

The order entails the supply of a wide and versatile range of premium denim fabrics, with shipments scheduled to begin on 15th January 2026. The export consignment is targeted toward key international markets, including Nigeria, Egypt, South Africa, Turkey, and Morocco.

Financials & More:

Vishal Fabrics reported a significant growth in revenue from operations, experiencing a year-on-year increase of more than 12 percent, from Rs. 385 crores in Q2 FY25 to Rs. 433 crores in Q2 FY26. Likewise, the company’s net profit increased during the same period, from Rs. 6 crores to Rs. 11 crores, reflecting a rise of nearly 83 percent YoY.

Vishal Fabrics Limited is engaged in the business of manufacturing, distribution and marketing of various textile products like dyed yarn, denim fabrics and job work of textile products.

The company operates two manufacturing units with a combined processing capacity of over 100 million metres of fabric annually. Its facilities include the Dholi unit, located in the Dholi Integrated Spinning Park in Ahmedabad, and the Narol unit, situated in Ahmedabad. Together, these units offer production capacities of 90 MMTPA and 105 MMTPA, respectively, supporting the company’s large-scale textile manufacturing capabilities.

Written by Shivani Singh

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