{"id":147892,"date":"2025-04-28T17:03:55","date_gmt":"2025-04-28T11:33:55","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=147892"},"modified":"2025-04-28T17:04:24","modified_gmt":"2025-04-28T11:34:24","slug":"textile-stock-skyrockets-13-after-acquiring-5-28-lakh-shares-of-nandan-industries","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/textile-stock-skyrockets-13-after-acquiring-5-28-lakh-shares-of-nandan-industries\/","title":{"rendered":"Textile stock skyrockets 13% after acquiring 5.28 lakh shares of Nandan Industries"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3803117786\"><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>The share of textile stock excelling in dyeing, printing, and processing denim and a variety of fabrics jumped upto 13 percent, followed by the strategic acquisition of&nbsp; Nandan Industries Private Limited.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1305818671\"><!-- 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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Movement&nbsp;<\/strong><\/h2><p>With a market capitalization of\u00a0 Rs 529 crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/VISHAL\" target=\"_blank\" rel=\"noreferrer noopener\">Vishal Fabrics Ltd<\/a><\/strong> rose by 5.3 percent, reaching a high of 28.13 compared to a previous closing price of 25.86.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>Vishal Fabrics Ltd. has acquired 528,100 equity shares of Nandan Industries Private Limited from its existing shareholders at a price of Rs. 123 per share, as per the valuation report, totaling Rs. 6.50 Crores.<\/p><p>As of March 29, 2024 Vishal Fabrics Limited holds 23.17 percent of the equity share capital in Nandan Industries Private Limited, which became an &#8220;Associate Company&#8221; of Vishal Fabrics Limited. After the acquisition, Vishal Fabrics Ltd\u2019s stake in Nandan Industries has increased to 35.41 percent.<\/p><div class=\"trade-content_5\" id=\"trade-581325472\"><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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company&nbsp;<\/strong><\/h2><p>Vishal Fabrics Limited (VFL) is a leading player in the denim industry, revolutionizing fashion with a focus on equality and changing market trends. The company excels in dyeing, printing, and processing denim and a variety of fabrics. Its offerings include cotton, cotton spandex, cotton-poly blends, cotton modal, cotton tencel, and high-quality stretch denim fabrics popular across all age groups.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials<\/strong><\/h2><p>The company reported a revenue of Rs 403.68 crores in Q3 FY25, up by 0.58 percent from its Q3 FY24 revenue of Rs 401.34&nbsp; crores. It posted a net profit of Rs 7.68 crore in Q3 FY25, down by 2.17 percent, from its Q3 FY24 net profit of Rs 7.85 crores.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By Sanjay G<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><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 <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> 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-4177855930\"><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>The share of textile stock excelling in dyeing, printing, and processing denim and a variety of fabrics jumped upto 13 percent, followed by the strategic acquisition of&nbsp; Nandan Industries Private Limited. Price Movement&nbsp; With a market capitalization of\u00a0 Rs 529 crores, the shares of Vishal Fabrics Ltd rose by 5.3 percent, reaching a high of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":130745,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[948,936,3157,17446,28226,28227,28228,28229],"class_list":["post-147892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-stock-to-watch","tag-textile-stock","tag-vishal-fabrics","tag-vishal-fabrics-nerws","tag-vishal-fabrics-share-price","tag-vishal-fabricslatest-news"],"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 skyrockets 13% after acquiring 5.28 lakh shares of Nandan Industries - 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