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Stock market update: Shares of THIS Fabric manufacturer gain on export order worth Rs 100 crore, check details
24htopnews | December 2, 2025 7:06 PM CST

Shares of Vishal Fabrics Ltd. a denim and other textile manufacturer are seeing a strong 5 per cent gain today. The companys stock was trading at ₹28.35 up 4.73% or ₹1.28 on the BSE. The stock opened at ₹26.50 on the BSE today and has touched an intraday high of ₹29.50. The stock is in action after the company announced it had received an export order worth ₹100 crore. In its latest exchange filing the company stated that it had received a large merchant export order worth approximately ₹100 crore from Kiran Enterprises. This order is for the supply of a variety of premium-quality denim fabrics. The supply will commence on January 15 2026 and will continue throughout the calendar year 2026. Under this order the company will export its denim fabrics to key international markets such as Nigeria Egypt South Africa Turkey and Morocco. According to the exchange filing this order will strengthen the companys global presence and further consolidate its position in the premium fabric segment. The company recorded revenue of ₹830.26 crore in the half-year significantly higher than ₹724.7 crore in the previous year. The companys net profit also increased to ₹16.89 crore compared to ₹11.27 crore in the same period last year. Vishal Fabrics is primarily engaged in the production of denim fabric and other textiles. The company is part of the Kolkata-based Chiripal Group an established name in the Indian textile industry. The company provides end-to-end textile solutions from spinning to processing and finishing. The company has a state-of-the-art manufacturing infrastructure and is present in both the domestic and international markets. The company has a strong presence in the denim segment and produces denim fabric in various GSMs and designs which are used in jeans jackets and other fashion garments.


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