Synopsis:

A B Cotspin secures ₹18 crore cotton yarn order, boosting growth plans with a sustainability focus, targeting ₹350-400 crore turnover and a stronger presence in domestic and export markets.

This small-cap Textile stock, engaged in manufacturing cotton yarn, knitted fabric, cottonseed oil, and oilcakes, operating primarily in the textile and oil production sectors, jumped 10.41 percent after securing an order worth Rs. 18 crore for 712 MT of cotton yarn.

With a market capitalization of Rs. 1,032.07 crores, the share of AB Cotspin India Limited has reached an intraday high of Rs. 504 per equity share, rising nearly 10.41 percent from its previous day’s close price of Rs. 456.50. Since then, the stock has retreated and is currently trading at Rs. 467 per equity share.

What i

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