Mumbai: GHCL is India’s leading Integrated Textile Manufacturer and Exporter company and is known for manufacturing premium products. It has a total spinning capacity of 1.85lk spindles while its processing capacity is 45 million tonnes. Its unique bedding brands focus on sustainability. The company mainly exports home textile products worldwide. Its clients include Kohl’s, Bed, Bath & Beyond etc. The company’s home textiles business has a processing capacity of 45 mn m, weaving capacity 12 mn m and cut-and-sew capacity of 30 mn. Its spinning facility has a capacity of 27000 tonnes i.e. 1.85 lakh spindles.
GHCL has given excellent returns to its shareholders in one year. The shares of this integrated manufacturer and exporter have gained over 136 per cent in one year. Its price was Rs 249.2 on 13 May 2021, which reached Rs 588.5 on 14 May 2022. During this, the company’s income stood at Rs 1279.13 crore for the quarter ended March 31, 2022, as against Rs 1006.73 crore in the same quarter last year. That is, the company’s income increased by 27.06 percent. The company made a net profit of Rs 271.27 crore during this period. The company’s net profit in the previous quarter was Rs 162.88 crore. That is, its net profit increased by 66.55 percent.
At 9.30 am, the company’s stock was trading at Rs 601.70 with a gain of 2.81 per cent. The 52 week high of this stock is Rs 682.00 and the low is Rs 250.5.
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