{"id":111072,"date":"2023-10-03T16:08:57","date_gmt":"2023-10-03T10:38:57","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=111072"},"modified":"2023-10-03T16:09:02","modified_gmt":"2023-10-03T10:39:02","slug":"textile-stock-jumps-3-5-after-company-announced-opening-of-7-showrooms-in-different-locations","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/textile-stock-jumps-3-5-after-company-announced-opening-of-7-showrooms-in-different-locations\/","title":{"rendered":"Textile stock jumps 3.5% after company announced opening of 7 showrooms in different locations"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2414752284\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>On Tuesday this small-cap stock jumps more than 3.5% after announcing a business updates. The stock has delivered 11% returns in one month and 30% returns in six months. Currently, the stock is trading 10.5% above the 50-day moving average and 10% above the 200-day moving average.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2073122666\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h4 class=\"wp-block-heading\" id=\"h-cantabil-retail-india-limited\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/CANTABIL\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">Cantabil Retail India Limited<\/a><\/strong><\/h4><p>Cantabil Retail India Limited the company has a market capitalisation of Rs. 1,876 Cr, making it a small-cap company. On Tuesday the stock closed 3.3% up at Rs. 1,154.50 on NSE.<\/p><p>According to the company filing, Cantabil Reatail India Limited has opened 7 new showrooms\/shops at different locations in India during the month of Setember 2023. Now the total number of showrooms\/shops of the company stands at 482.<\/p><p>The total revenues of the company increased by 11% from 101.69 Cr in Q1 FY23 to Rs. 112.9 Cr in Q1 FY24 and net profits declined by 13% from Rs. 14.12 Cr in Q1 FY23 to Rs. 12.27 Cr in Q1 FY24.<\/p><div class=\"trade-content_5\" id=\"trade-1725890442\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>As per the latest shareholding data, Promoters hold 74.97% and the Public hold a 25.03% stake in the company.<\/p><p>Cantabil Retail India Ltd is a clothing manufacturer and retailer. The company&#8217;s primary business activities include designing, manufacturing, branding, and retailing garments through a retail store chain. Under the same name, the company also sells accessories such as ties, belts, socks, caps, and handkerchiefs.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sheshadri N<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3162766646\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>On Tuesday this small-cap stock jumps more than 3.5% after announcing a business updates. The stock has delivered 11% returns in one month and 30% returns in six months. Currently, the stock is trading 10.5% above the 50-day moving average and 10% above the 200-day moving average. Cantabil Retail India Limited Cantabil Retail India Limited [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":12545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[12717,12716,948,936,12718],"class_list":["post-111072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-cantabil-retail-india-latest-news","tag-cantabil-retail-india-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-cantabil-retail-india-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Textile stock jumps 3.5% after company announced opening of 7 showrooms in different locations - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"On Tuesday this small-cap stock jumps more than 3.5% after announcing a business updates. 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