Aarvee denim-porinju's new pick

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Ihavelostalot
Posts: 3
Joined: Thu Apr 06, 2017 4:43 pm

Aarvee denim-porinju's new pick

Post by Ihavelostalot »

Please find it on moneycontrol>Arvee>shareholding>bulk deals. He has loaded it today.
Pee Vee
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Posts: 453
Joined: Mon Dec 26, 2016 10:45 pm

Re: Aarvee denim-porinju's new pick

Post by Pee Vee »

Ihavelostalot wrote:Please find it on moneycontrol>Arvee>shareholding>bulk deals. He has loaded it today.
On August 31, 2017 Porinju V. Veliyath bought 1,81,477 shares of Aarvee Denim and Exports at Rs 36 on the NSE.

OVERVIEW

Aarvee Denims and Exports Ltd is a leading global player in the textile industry. Being backed by experienced promoters, the company is spreading its wings all over the globe at a very fast pace. Established in 1988 by Arora & VB Group, which has been involved in textile trade for over 50 years, are the forces behind this dynamic organization.

CAPACITY

The Company has its integrated productions of :

Yarn ( Open End , Ring & PTY ) : Capacities of 39,000 metric tons/annum
Denim Fabric : 85 million meters/annum
Non-Denim Bottom Wear Fabric : 18 million meters/annum
Company is also into Green energy generation with Installations of 20.5 MW Wind Power.

VISION

Aarvee Denims implements global expertise to integrate and diversify processes in a practical and organized approach to to be a Progressive Leader and top ranking Textile Conglomerate. The goal is to increase turnover USD 145 million to USD 200 million by next year.
Pee Vee
Site Admin
Posts: 453
Joined: Mon Dec 26, 2016 10:45 pm

Re: Aarvee denim-porinju's new pick

Post by Pee Vee »

Shares of Aarvee Denim and Exports has locked at 10 percent upper circuit as Porinju V. Veliyath has picked up stake in the company.
valuepicker
Posts: 144
Joined: Mon Jan 09, 2017 8:44 am

Re: Aarvee denim-porinju's new pick

Post by valuepicker »

Is Aarvee denim is good pick at current levels? After correcting it has stabilized at current levrls of 44
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