MediumPositive
Announced Mon, 13 Jul · 14:48 IST

Textile stock Aastha Spintex hits 5% upper circuit after this order book update

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Aastha Spintex hit the 5 percent upper circuit at around Rs 129.02 after securing an order book worth about Rs 76.78 crore for July to October 2026, representing over 21 percent of its FY25 revenue. The order pipeline spans 55 orders from more than 10 active clients, supported by repeat business from key customers including 7 Seas Impex and Texpert India. The company said the strong order book reflects a 2.3x capacity expansion following the integration of Falcon Texotube, which raised installed spindle capacity to 17,457 metric tonnes.