Is Arvind share good to buy?

Is Arvind share good to buy?

Arvind Limited (NSE: ARVIND) As on 27th Jun 2022 ARVIND Share Price closed @ 91.30 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 114.76 & Strong Sell for SHORT-TERM with Stoploss of 108.89 we also expect STOCK to react on Following IMPORTANT LEVELS.

Is Arvind share split?

Arvind Ltd. has not split the face value of the share since Jan 1, 2000.

Who is the CEO of Arvind Ltd?

Sanjay Lalbhai is the Chairman and Managing Director of Arvind Ltd, a US$1.5 Billion Indian conglomerate. It was under his leadership that Arvind has become one of the largest manufacturers of woven textiles in India, and one of the largest denim fabric manufacturers in the world.

Is Arvind debt free?

What Is Arvind’s Debt? As you can see below, Arvind had ₹17.6b of debt at March 2022, down from ₹20.0b a year prior. However, because it has a cash reserve of ₹770.9m, its net debt is less, at about ₹16.8b.

What is the future of Arvind share?

Arvind Ltd. has an average target of 135.00. The consensus estimate represents an upside of 47.86% from the last price of 91.30. Reco – This broker has downgraded this stock from it’s previous report. Target – Broker has maintained previous recommendation but reduced share price target.

Why did Arvind stock fall?

The Arvind Ltd stock fell in early trade today after its shares turned ex-date for the proposed demerger of its brand apparel business and engineering business. The stock hit a fresh 52 week low of 90.25 in trade today , falling 17.88% on the BSE.

Who is the owner of Arvind Mills?

What does Arvind company do?

Arvind Limited is one of India’s largest integrated textile and apparel companies with a strong retail presence and a pioneer of denim in India. Arvind has an unmatched portfolio of owned and licensed brands and retail formats.

Who is Shailesh Chaturvedi?

NEW DELHI: Arvind Fashions Limited (AFL) on Thursday appointed Shailesh Chaturvedi as managing director and chief executive officer of the company, effective 1 February, 2021, replacing veteran J Suresh who is set to retire later this year.

What is difference between Arvind and Arvind fashion?

Arvind Ltd, the fibre-to-garment textile major, got split into Anup Engineering and Arvind Fashions. For every five shares of Arvind Ltd, investors would get one share of Arvind Fashions. Arvind Fashions was expected to list in the range of Rs 1,200 to 1,400 per share, as per some brokerage estimates.

Which brands are under Arvind fashion?

Besides Flying Machine, Arvind Fashions has several licensed product brands such as Calvin Klein, Tommy Hilfiger, US Polo Assn, Ed Hardy, Hanes, Arrow, Gant and Nautica. The company bolstered its couture segment by striking two acquisitions early this year.

Where is Arvind Mills located in India?

Sanjaybhai Lalbhai is the current Chairman and managing director of Arvind and Lalbhai Group. In the early 1980s, he led the ‘Reno-vision’ whereby the company brought denim into the domestic market, thus starting the jeans revolution in India….Arvind (company)

What does Arvind mean?

Arvind (from Sanskrit: अरविन्द aravinda) is a common Indian masculine name meaning lotus. The name is of Hindu origin. Its variants include Aravind, Aravinda, Aravindan, and Aurobindo (Bengali: অরবিন্দ).

Who is the owner of Arrow brand?

In India the Van Heusen brand is owned by A V Birla Group’s Indian Rayon and Sanjay Lalbhai’s Arvind Mills is the licensee for the Arrow brand.