Vishal Fabrics Ltd experienced a significant increase in its stock value on Tuesday, with shares climbing 9% to reach Rs 29.50, marking a notable jump from its previous closing price of Rs 27.07. This surge was accompanied by a more than two-fold increase in trading volume on the BSE, indicating strong investor interest.
The positive market reaction is primarily attributed to the company's announcement of a substantial Rs 100 crore Merchant Export Order from Kiran Enterprises.
This significant domestic contract, slated for execution throughout Calendar Year 2026 with dispatches commencing January 15, 2026, involves the supply of a diverse range of premium denim fabrics.
The order's focus on key international markets, including Nigeria, Egypt, South Africa, Turkey, and Morocco, has been viewed by investors as a powerful testament to the growing global demand for Vishal Fabrics' denim products and its expanding presence in lucrative export segments.
The company's impressive financial performance is reflected in its quarterly results, which demonstrate a 13% increase in Total Income for the second quarter of fiscal year 2026 (Q2FY26) to Rs 433.31 crore, up from Rs 384.83 crore in the same quarter of the previous fiscal year.
The Consolidated Net Profit for Q2FY26 saw a remarkable 65% growth, reaching Rs 10.70 crore compared to Rs 6.50 crore in Q2FY25.
Vishal Fabrics, an integral part of the Chiripal Group and a leading denim fabric manufacturer with an annual production capacity exceeding 100 million meters, is recognized for its integrated value chain, advanced infrastructure, and commitment to quality and sustainability.
The company's focus on innovation, adoption of green practices, and significant expansion in denim production, particularly wider-width fabrics, coupled with its growing international footprint, underpins the recent positive market sentiment and the substantial jump in its stock price.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
