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Vardhman Textiles Ltd

NSE: VTL · BSE: 502986 · Textiles Apparels & Accessories · 35 announcements

Share price
₹521.05
Market cap
₹15,088 Cr
Revenue (annual)
₹9,869 Cr
Net profit (annual)
₹745.2 Cr
P/E (TTM)
14.8×Sector 48.2×
Promoter holding
65.06%-0.02% QoQ
FII holding
6.43%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

16:18 IST NSE
Acquisition

Vardhman Textiles Acquisition Worth ₹24.29 Cr

Vardhman Textiles Limited will acquire a 31.2% stake in ReNew Green (MPR Four) Private Limited for ₹24.29 Crore. The investment in the renewable energy SPV is aimed at securing captive power consumption to comply with Indian electricity laws. The transaction will be completed in three tranches based on project milestones.

Value
₹24.29 Cr
Execution
Three tranches depending upon project stages