Vishal Fabrics-Weekly Volume Increasing -Price Breaking in Garments Stock , Amid Government Unstabilty in Bangladesh, Long Term Vision.
Volume Trend on Chart
In the last four trading sessions, the volume trend on the chart for Vishal Fabrics has shown significant momentum after a prolonged period of stagnation. This indicates strong positive movement for the stock and suggests potential for continued growth.
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Price Trend on Chart
The weekly chart shows consistent volume accumulation driving price momentum since November. While there was a slight correction over two trading sessions, the price has rebounded, supported by strong volume, indicating a potential breakout.
Vishal Fabrics Chart
Indian Economy
The textile industry is projected to grow at a CAGR of 10% from FY20, reaching $190 billion by FY26 and $350 billion by FY30. Exports are expected to surpass $65 billion by FY26, with India holding the position of the third-largest exporter.
Government Unstabilty in Bangladesh and Its Economy.
The textile and fashion sector of Bangladesh not only provides millions of jobs for the country but also significantly contributes to its GDP, driving economic growth and social development. As one of the largest producers of ready-made garments globally, Bangladesh attracts substantial foreign investment and has established itself as a manufacturing powerhouse for top international brands.
Bangladesh has a major developing mixed economy and is the second-largest economy in South Asia. Ranked as the 35th largest economy in the world in nominal terms and 25th by purchasing power parity, it is regarded by several financial institutions as one of the “Next Eleven” emerging markets. The country has been transitioning from a primarily agrarian economy to a more industrialized and services-oriented one, driving rapid growth and development.
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Current Geopolitical in Bangladesh also impacts India
The recent disruptions in Bangladesh has impacted the business houses in the Bangladesh but also the business houses in India also, since india is the largest Yarn exporters to Bangladesh 25% to 30% , unstabilty in Bangladesh may hit the company in India also, if the condition in Bangladesh persists for the long time as per the Chandrima Chatterjee-Secretary General (Confederation of Indian Textile Industry (CITI) said that, Indian manufacturers may face challenges in maintaining steady production, leading to market delays and potential shortages. This disruption could impact product supply, pushing businesses to explore alternative manufacturing options to minimize the impact.
Global Garments Manufacturers Business
While there are may largest manufacturers of Garment globally there are five tops the list ,Turkey stands on fifth position , India comes on fourth position for manufacturing of Garments, while the Vietnam comes on third and Bangladesh comes on second position and the China stands on first Position.
Business Movement
However, due to the instability in Bangladesh, there is a possibility that foreign investors and international orders could shift to India. This could provide an opportunity for Indian companies to capture more business and strengthen their position in the global market.
PEER Group Price Breaking
Market CAP of PEER Group.
- Vishal Fabrics ₹ 648 Cr
- Gokaldas Export ₹ 81,963 Cr.
- Kitex Exports ₹ 5,187 Cr.
- Swan Energy ₹ 22,874 Cr.
- Arvind Fabrics ₹ 10,643 Cr.
DISCLAIMER
The information provided on this website is for educational and informational purposes only and should not be considered as financial, investment, or trading advice. All content, including stock analyses, market data, and opinions, is based on publicly available information believed to be accurate at the time of publication.
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