Announced Tue, 9 Jun, 2026 · 11:57 IST
Varvee Global bags Rs 120.8 mn suiting fabric order
VGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹69.54
prior close
₹68.65
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.1+1.0-0.1+1.9-1.5+0.3+8.6+5.8-3.2-8.2-10.8-12.7-20.9
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AI summary
Varvee Global has received a purchase order worth approximately Rs 120.8 million for supply of nearly 9 lakh meters of suiting fabrics, to be executed over the next three months. This strengthens the company's order book and supports its non-denim growth strategy. For FY26, standalone revenue was Rs 628 million, making this order about 19 percent of annual revenue. The company is debt-free and holds an IND BB/Positive issuer rating.
Likely market impact
Positive for revenue visibility. Order equals roughly 19 percent of FY26 revenue, reinforcing position in higher-value textile segments.