ARVIND Ltd.

44.05INR -0.15 ( -0.34%) VOLUME : 1213820
    Average Volume
  • 5-Day 5,310,999.80
  • 20-Day 5,577,949.90
  • 3-Months 5,740,216.63

MARKET CLOSED

Price Table

Date Open High GREEN: if High is higher than last 2 days high
RED: if high is lower than last 2 days high
Low GREEN:if Low is higher than last 2 days low
RED: if low is lower than last 2 days low
LTP Close GREEN:if Day's Closing is near the Day's High
RED: if low is lower than last 2 days low
Volume Delivery % 20 Day SMA GREEN: if Day's Closing is above 20-Day SMA
RED: if Day's Closing is below 20-Day SMA
50 Day SMA GREEN: if Day's Closing is above 50-Day SMA
RED: if Day's Closing is below 50-Day SMA
100 Day SMA GREEN: if Day's Closing is above 100-Day SMA
RED: if Day's Closing is below 100-Day SMA
200 Day SMA GREEN: if Day's Closing is above 200-Day SMA
RED: if Day's Closing is below 200-Day SMA
22-Jan-20 44.30 44.70 43.60 44.05 44.05 1,213,820 - - - - -
13-Jan-20 43.50 44.90 43.15 44.60 44.20 1,697,492 37% 40.25 43.35 46.03 59.53
10-Jan-20 42.40 43.70 42.10 43.15 43.10 2,381,654 31% 39.97 43.47 46.10 59.77
09-Jan-20 40.40 42.40 40.10 42.10 42.00 2,120,430 37% 39.57 43.64 46.18 60.03
08-Jan-20 39.50 40.40 39.10 39.85 39.70 1,132,422 39% 39.22 43.81 46.30 60.30
07-Jan-20 40.80 41.55 39.90 40.10 40.10 1,165,432 36% 39.06 43.96 46.45 60.56
06-Jan-20 41.00 41.65 40.40 40.50 40.65 1,065,305 40% 38.91 44.07 46.61 60.82
03-Jan-20 41.80 42.75 41.35 42.05 42.00 1,837,770 32% 38.79 44.16 46.74 61.06

Performance

Key Data

Day High Low Range

Time Lowest Highest
10 AM 43.60 44.70
11 AM 43.60 44.70
12 PM 43.60 44.70
1 PM 43.60 44.70
2 PM 43.60 44.70

Company Profile - ARVIND Ltd.

ARVIND

In 1931, the company was started for manufacturing high-end superfine fabrics, and soon it invested in very sophisticated technology. And with 52,560 ring spindles, 1122 looms, and 2552 doubling spindles, it was also one of the few companies in early days that started with spinning and weaving facilities along with full-fledged facilities for bleaching, dyeing, finishing and mercerizing. Also, the sales of 1934, three years after establishment were INR 45.76 lakh and the profits were INR 2.82 lakh. It steadily produced high-quality fabrics, year after year, the company took its place amongst the foremost textile units in India. In mid-1980, the textile industry faced the other major crisis. And with the power loom churning out in the vast quantities of inexpensive fabric, several large composite mills lost their markets, and they were on the verge of closure. In that period, it saw its highest level of profitability as there would be no better time ... to rethink a new strategy. So, the company's management coined a new word for its new policy Reno vision. It meant an innovative way of looking at issues, of seeing more than the obvious, and it soon became the corporate philosophy. The national focus paved the way for international attention, and its markets also shifted from domestic to global, which is a market that expected and accepted only quality goods. Also, an in-depth analysis of the textile market world was an eye-opener. It made people shift from synthetic to natural fabrics. Kinds of cotton were the most significant growing segments. But where conventional wisdom pointed to popular-priced sections, the Reno's vision pointed to the high-quality premium niches. Soon, in 1987–88 the company entered the export market for the two sections: Denim for leisure & fashion wear and high-quality fabric for both cotton shirting and trousers. Until 1991, it reached 1600 million meters of Denim per year, and it became the third-largest producer of Denim worldwide. In 1997, it set up a state-of-the-art shirting, gabardine, and knits facility that was the largest of its kind in India, at Santej. And with the company's concern for the environment, a most modern effluent treatment facility along with zero effluent discharge capability was also established. Also, 2005 was the watershed year for textiles. Along with Lee, Arrow, Wrangler, and Tommy Hilfiger and its domestic brands of Flying Machine, Newport, Excalibur, and Ruf & Tuf, it set its vision of becoming the largest apparel brands company nationwide. In March 2011, the Arvind Mills inked the pact with Birla Cellulose, which was an Aditya Birla Group firm, for creating the world softest denim fabric for women. It marked its foray into the women Wear segment. In May 2011, both Arvind and Tata Housing Development entered into a strategic partnership and had a 50:50 joint venture for developing an integrated township project that is spread over 134 acres near Ahmedabad.

Business Divisions of the company:

Denim: It is a leading producer of denim worldwide. The company's design, innovations, and Sustainability have been its core competency and play a key role in its success. Their products are designed and modeled based on an expert design input coming from its designers based out of India, such as Italy, Japan, and the US. Also, it's accredited with GOTS, ISO 9001, ISO 14001, OEKOTEX 100, and Organic exchange standard. Also, its labs are certified by NABL (ISO 17025 certification) and customers such as Lee, Levi, Wrangler, and more. Woven Fabrics: Shirting & Bottom weights: Its shirting fabrics have fetched a premium in both the local and international markets. Also, its state of the art facility is capable of producing a total of 65 million meters per annum of Shirting and bottom-weight fabrics. Oekotex certifies the product range, and GOTS certifies processes for producing the Organic products. It is also the certified producers of Lycra and Teflon based varieties, whereas Marks and Spencers accredit its laboratory, Next, Gap Inc., Levi's, DuPont and INVISTA. Voiles: It has been well poised as a leading manufacturer of the superfine fabrics in India. An uncontested market leader in the manufacture of voiles, Arvind continues to manufacture the traditional fabric for both domestic and international markets. They are mainly used as blouse material and are sold in the domestic market via an impressive network of about 150 dealers, and reaching over 5000 retail outlets around India. Also, high-quality Swiss voiles are being exported to Switzerland, Sri Lanka, and other countries in the Middle East. Knits Fabrics: It has an annual knitting capacity of about 5,000 tons. Also, the knits vertical has a fabric dyeing capacity of about 5000 tons per annum and a yarn dyeing capacity of about 1800 tons per annum. So, it can process both tubular and open-width fabrics and also offers specialty finishes such as mercerization, singeing, and other forms of brushing and peaching. Garment Exports: The company has a spectrum of fabrics, which is universal in appeal. It also aims to inspire a diverse mix of customers enriching lifestyles worldwide. It also successfully established itself as a one-stop-shop for apparel solutions catering to an array of national and international consumers. Advanced Materials: It has created the Advanced Textiles Business, it also brought a new level of sophistication to the manufacturing fabrics. Its Pro1 spectrum of branded fabrics and composite textiles consists of solutions for growing industrial sectors such as Defense, Personal Protection, Industrial Filtration, Wind Energy, Auto Components, Transportation, and Housing & Infrastructure. Arvind Brands: It is among very few organizations around the world that has a brand portfolio that is both distinctive and relevant across diverse consumers. Also, at Arvind, brands work across multiple channels, price points, and consumer sections. The expanse of the Arvind brandscape is being spread across the Indian market with about 273 standalone brand stores, along with 975 counters selling via key accounts and multibrand outlets across India. Mega Mart Retail: It runs India's largest Value Retail Chain named Megamart. Its format offers a unique and differentiated proposition to the customers. It offers megabrands at a very low price and also provides a retail experience of a high-end department store. It also stores a spectrum in size from 2000 sq ft to 65000 sq ft. So, the larger stores are known as Big Megamart, and there are about six such stores in Pune, Bangalore, Chennai, and Mumbai. And the smaller formats are spread across India are about 205. Also, it is expanding rapidly and is expected to be INR 1000 cr chain within the next two years. The brands sold exclusively in Megamart consists of EDGE - RUGGERS - SKINN - ELITUS - DONUTS - COLT - KARIGARI - MEA CASA - AUBURN HILL - BAY ISLAND - LEISHA. The Arvind Store: The Company introduced The Arvind Store that was a unique concept in fabrics and apparel retail. It brought together, in one place, the best that the company has to offer. Also, it is a convergence of three of Arvind strongest capabilities, the best of fabrics from Arvind textile division, and leading apparel brands from the Arvind Brands and several styling solutions based on the latest garment styles from the Arvind Studios. Also, it created a shopping experience to rival the best in the Indian Market. Engineering: ANUP Engineering was established in 1963, which is also the flagship Engineering Company of the Lalbhai Group, and is a subsidiary of the Arvind Limited. It is an accredited ASME stamp and an ISO–9001: 2008 certified company, adhering to its specified standards. It also has extensive experience in working with critical metallurgies such as low-temperature CS, NACE/HIC, duplex, low alloy, stainless steel, super duplex, monel, cupro nickel, etc. It is also approved by IBR, CCOE & TDC certifications, and works quite closely under and with the surveillance of some renowned national and international inspection agencies such as BVI, Lloyds, DNV, EIL, Toyo Engineering, UHDE, TUV, and more. ARVIND ACCEL: It is a multi-specialty Engineering Procurement and Construction Company that provides several customized engineering solutions. It starts from consultancy and design to the final implementation and commissioning of projects on the basis of turnkey. Also, its certified support teams undertake the complete operations and maintenance of a plant site or facility. It also employs state of the art technology and equipment for providing an unparalleled service for wastewater treatment, water, and recycling projects. Telecom: Arya Omnitalk is a 50:50 Joint Venture among India's highly reputed business houses, the J M Baxi Group and the Arvind. It offers several services such as GPS based Fleet Automation & Management for Citywide Walky Talky services and the Highway Traffic Management Solutions with CSSI. Syntel: It is a division of Arvind that has more than a million users as on date. It also has a dominant place in the Business Communication Solutions landscape that offers a spectrum of both Analog and Digital EPABX based organization communication solutions for both SMEs and the leading Corporates. Also, some of its esteemed clients are Wipro, Whirlpool, Blue Dart, Ashok Leyland, Sahara Airlines, The Indian Armed Forces, The World Bank, State Bank of India, ICICI Lombard, and more. Real Estate– The company recently forayed into real estate and has become one of the prominent developers of the City of Ahmedabad. It leverages its state of the art, sustainable construction methods, and is also engaged in the best architects for delivering high standards of excellence that Arvind is known for.

Some of the Milestones:

  • 1931: The inception of Arvind Mills at the hands of three brothers named Kasturbhai, Narottambhai, and Chimanbhai Lalbhai.
  • 1934: It also established itself among the foremost textile units in India.
  • 1980: It also records the highest levels of profitability. It's a new strategy Reno vision, changed the business focus from local to global, and towards a high–quality premium niche market.
  • 1987–88: It entered into the export market for Denim with a dual focus such as Denim for leisure and Denim for fashion wear.
  • 1991: The Company emerged as the third-largest manufacturer of denim worldwide.
  • 1997: It is India's Largest state-of-the-art facility for knits, shirting, and gabardine is set up at Santej.
  • 2005: Arvind creates a unique one-stop-shop service on a global scale that offers garment packages to reputed national and international clients.
  • 2007: It expanded its presence in the brands and the retail section by establishing MegaMart One of India's most significant value retail chains.
  • 2010: The company launched The Arvind Store, which was a concept of putting the company's best brands, fabrics, and bespoke styling and tailoring solutions in one place. It also launched its first major Real Estate projects and also became one of India's largest producers of fire protection fabrics.