Synopsis:
Arvind Fashions Ltd surged 14% after reporting 28% QoQ revenue growth to ₹1,417.51 crore. Net profit rose 127% QoQ to ₹56.35 crore, driven by strong direct and online channel performance.
The shares of the Textile stock company, specializing in the branded apparel, beauty, and footwear sector, operating across a portfolio of licensed and owned global brands such as U.S. Polo Assn., Tommy Hilfiger, Calvin Klein, GAP, and Sephora, jumped upto 14 percent following their Q2 results with a 127 percent rise in profit QoQ.
With a market capitalization of 7,374.51 Crores on Monday, the shares of Arvind Fashions Ltd jumped upto 13.9 percent, reaching a high of Rs. 572.20 compared to its previous close of Rs. 502.35.
What Happened
Arvind Fashions Ltd, engaged in the branded appa

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