10 Oct 2025 | 3 Mins Read
Textile stock hits upper circuit after securing ₹32 Cr funding approval
Flipitmoney
Padam Cotton Yarns Ltd surged ~5% to ₹5 after its Board approved a ₹32.4 cr rights issue. The company posted a Q1FY26 revenue of ₹13.71 cr and net profit of ₹2.03 cr. With a market cap of ₹62.1 cr and a P/E of 3.95 vs. the industry average of 22.4, the stock appears undervalued, attracting investor interest.