Apparel News
Small-cap stock defers issuance of bonus shares. Details here
Lorenzini Apparels shares fell 3% to ₹19.70 after the board deferred the issuance of bonus equity shares. The board, however, approved the appointment of Sapna Khanna as an independent director amidst the decision to postpone the bonus share proposal.
1 min read26 Dec 20246:11 bonus shares, 1:10 stock split: Multibagger SME IPO turns ₹1 lakh into ₹25.93 lakh in seven years
Multibagger SME IPO traded ex-bonus and ex-split on 28th March 2024
2 min read30 Nov 2024Penny stock turns multibagger in five years, soars over 6,500%
Lorenzini Apparels has transformed from a penny stock to a multibagger, soaring 6,518% in five years. The stock’s volatility reflects both its potential for high returns and the inherent risks of penny stocks, highlighting the importance of thorough research for investors.
2 min read13 Nov 20246:11 bonus shares, 1:10 stock split: Multibagger stock to trade ex-bonus, ex-split next week. Details here
Multibagger penny stock: In the last five years, the small-cap stock has ascended from ₹5.50 per share level to ₹425 per share level
2 min read22 Mar 2024iPhone 14 Pro, iPhone 14 Pro Max could get Ultra wide cameras: What to expect
Reportedly, the Pro variants of iPhone 14 will pack a higher charging speed as compared to the iPhone 13 Pro and iPhone 13 Pro Max. These phones and Apple Watch Series 8 are expected to make their debut on September 07, 2022.
1 min read30 Aug 2022Apparel retailers face higher cost risks in ’22
When Q3FY22 results are announced, management commentaries would shine light on the situation
2 min read3 Jan 2022US apparel watchdog probes Jockey’s Indian partner after human rights abuse allegations
Page has denied wrongdoing and called allegations of verbal abuse and workplace intimidation against employees outrageous’Bengaluru-headquartered Page is the exclusive licensee for Jockey wear in India and six other countries
2 min read14 Oct 2020Apparel exports likely to register 40 pc growth this fiscal: AEPC
Total apparel exports will be now up from USD 15.4 billion last fiscal to about USD 22 billion in 2020-21The chairman said the council would organise virtual trade fairs and exhibitions as lockdowns in many countries have impacted international trade
1 min read3 Sep 2020Covid magnifies digital influence on apparel and phone purchases
The share of online purchases of smartphones is expected to rise to 45% from 38% in pre-covid levels, the report noted
2 min read25 Jun 2020Covid-19 impact: Apparel manufacturers report 84% drop in May sales, says CMAI
The shift to making PPE products, and a delay in exports orders led to the significant decline, says Clothing Manufacturers Association of India
2 min read5 Jun 2020Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared