Top Tweets for #YarnCycle
5 back to back UC in Sangam India last week.
Also, insiders have started buying shares of the company from open market.
The company has approved further expansion in the cotton yarn.
#Textile #YarnCycle #CottonYarn #SyntheticYarn

#Textile #YarnCycle
Now when everybody is talking about textile sector & the textile stocks have already surged a lot, there is one #Yarn stock, Sangam India, that has underperformed lately.
I think once it is discovered by the market, it has the potential to move up fast. (1/2)
#Textile #YarnCycle
Cotton Yarn/Fabrics/Made-ups exports have recorded a growth of 58% in May'21 vis-a-vis May'19.
#NitinSpinners #AmbikaCotton #SangamIndia #NaharSpinning #ShivaMills
#Textile #YarnCycle
Now when everybody is talking about textile sector & the textile stocks have already surged a lot, there is one #Yarn stock, Sangam India, that has underperformed lately.
I think once it is discovered by the market, it has the potential to move up fast. (1/2)
#Textile #YarnCycle
Now when everybody is talking about textile sector & the textile stocks have already surged a lot, there is one #Yarn stock, Sangam India, that has underperformed lately.
I think once it is discovered by the market, it has the potential to move up fast. (1/2)
Sangam India reported 385% rise in the PAT on QoQ basis.
All Yarn Spinners are going to report fantastic results this quarter due to the increased yarn prices globally and cotton inventory at a lower price.
One can look at below yarn manufacturer in addition to Ambika Cotton.

#YarnCycle is turning well.
These yarn stocks have given 50%-150% return within 2 months.
US considering complete ban on the import of materials produced in Xinjiang (China) is another big positive.
Synthetic yarn is also gonna perform well in addition to the Cotton yarn.
Both Nitin Spinnners and Sutlej Textile reported great results last week with multifold jump in profits on YoY basis and good jump even on QoQ basis.
Deepak Spinners yet to report the results.
Global Yarn prices are still on the uptrend. #YarnCycle
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