News for Rajapalayam Mills Limited (RAJAPLM-RE.BO)

Rajapalayam Mills Ltd, part of Ramco Group, to invest ₹400 crore in capex for looms expansion and new fabric processing unit. Funding from Rights Issue, internal accruals and term loan. Demand for quality fabric, volatility in cotton prices, improved domestic demand, US weather conditions, high inflation, large volume orders, rise in raw material prices, brands approaching for yarn/fabric, focus on value-added counts, exports increased 74%, net profit up 68%, CRISIL upgraded long-term rating to ‘A+/Stable’. Share price on BSE at ₹740.

NOTICES Notice No. 20230113-12 Notice Date ... | January 13, 2023

Naysaa Securities stock stood at Rs 197 a piece on Thursday. An average of 4,333 Naysaa shares got traded daily on BSE in the last two weeks. The company commanded a market capitalisation of Rs 85.59 crore

China plus one strategy, the GST council's move to defer the rate hike, rising consumption, and other reasons have sent textile stocks soaring.