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Vardhman Textiles rises 1.8% on fiber capacity expansion approval
short by / on Thursday, 28 November, 2024
Vardhman Textiles Limited's shares rose by 1.8% after the company received approval to expand its processed fiber capacity at Vardhman Fabrics in Madhya Pradesh by 31 million meters annually, with an investment of ₹350 crore. This expansion aims to meet increasing domestic and export demand and is expected to be completed within two years, improving overall production capabilities.
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