Why Vardhman Textiles Share Price is Rising

India's textile sector is one of the country's oldest industries, with a history dating back centuries.

The industry can produce a diverse range of products for various market segments, both domestically and globally.

Today, all eyes are on one textile stock that is lighting up the market.

Vardhman Textiles' share price surged more than 13% today, drawing strong investor interest.

Vardhman Textiles stands out for its expertise in speciality and dyed yarns, along with a wide variety of fabrics catering to both top and bottom wear.

So, what's charging up the stock.

Let's take a closer look...

Govt Extends Import Duty on Cotton

Shares of Vardhman Textiles jumped 13% today after the government extended the import duty exemption on cotton until 31 December 2025.

The government initially waived import duty on cotton from 19 August 2025 to 30 September 2025, to ensure sufficient supply for the textile industry. Now the exemption has been extended till 31 December 2025 to further support exporters.

Raw cotton imports typically have an 11% duty including agriculture infrastructure and development cess, and the suspension aims to ease supply issues and help Indian textile mills buy raw material at competitive global prices.

This decision also follows US President Donald Trump's move to double tariffs on Indian imports, including garments and jewellery, with duties rising to as high as 50%.

This could be the main reason for the share price to rise.

What Next?

Moving forward, Vardhman Textiles plans to invest Rs 20 billion (bn) to modernise and expand its operations. Rs 10 bn will go to the spinning division, while Rs 3 bn will be invested in a new project for manmade fibre-based fabrics aiming to fill a key gap in India's textile industry.

The company's strategy is to upgrade traditional textile manufacturing and venture into technical textiles.

Vardhman Textiles aims to drive growth by seizing on new market opportunities, focusing on sustainability and using advanced manufacturing technologies.

How Vardhman Textiles Shares Have Performed Recently

In the past six months, the share price of Vardhman Textiles is up 19%.

The share price has fallen 11% over the past one year.

The stock touched its 52-week high of Rs 563.65 on 16 December 2024 and a 52-week low of Rs 362.6 on 4 March 2025.

About Vardhman Textiles

Vardhman Textiles has grown into a global firm with a presence in 75 countries. It specialises in yarn, fabric, acrylic fibre, and garments, ranking among India's top three woven fabric manufacturers.

It stands out for its expertise in speciality and dyed yarns, along with a wide variety of fabrics catering to both top and bottom wear.

To know more, check out the VARDHMAN TEXTILES company fact sheet and quarterly results.

For a sector overview, read our textiles sector report.

You can compare Vardhman Textiles with its peers:

Vardhman Textiles vs KPR Mill

Vardhman Textiles vs Bharat Textile & Proofing Industries Ltd

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.

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