Archive · 30 May 2025
Vishal Fabrics Shares Rise After Fundraising Approval and Profit Increase
Vishal Fabrics, a company that makes denim, saw its stock price go up.
This is because they got approval to issue new shares, and also because they made more money.
Their profit increased by 13% in the last quarter.
For the whole year, their income went up too.
This happened even though the overall stock market was down.
The company's CFO said they focused on efficiency and pleasing customers, helping them grow.
Vishal Fabrics Ltd. shares closed in the green after a volatile session.
The company's fundraising committee approved the allotment of equity shares.
The company's profit rose by 13% to ₹28.84 crore in the January-March quarter.
Total income of the company rose to ₹1,521.43 crore in FY25.
The stock market closed lower overall on Friday.
- Who
- Vishal Fabrics Ltd.
- What
- Shares of Vishal Fabrics rose after the company announced financial results and fundraising approval.
- When
- The shares rose during a volatile session on Friday.
- Where
- Mumbai
- Why
- Due to approval of equity shares and a rise in profit.
- Equity Share Face Value
- Rs 5
- Profit (Jan-Mar FY25)
- ₹28.84 crore
- Net Profit (Year-ago period)
- ₹21.13 crore
- Total Income (FY25)
- ₹1,521.43 crore
- Total Income (FY24)
- ₹1,451.29 crore
- Closing Price
- Rs 30.10