Aarvee Denims and Exports Ltd is a company based in India that specializes in the manufacturing and export of denim fabrics and garments. Established in 1988, Aarvee Denims has grown to become one of the leading denim manufacturers in the country.

Aarvee Denims and Exports Ltd Background

Aarvee Denims and Exports Ltd has a vertically integrated production process, which means they handle all aspects of denim manufacturing in-house. They start with the sourcing of high-quality cotton and continue with the spinning, dyeing, weaving, and finishing of the denim fabrics. This vertical integration allows them to maintain strict quality control throughout the production cycle and deliver premium products to their customers.

Aarvee Denims and Exports Ltd offers a wide range of denim fabrics with various weights, weaves, and finishes to cater to the diverse needs of its clients. They have the capacity to produce denim fabrics for different applications such as jeans, shirts, jackets, skirts, and more.

In addition to denim fabrics, Aarvee Denims also manufactures and exports ready-made denim garments. They have a dedicated design and development team that stays up-to-date with the latest fashion trends and creates innovative designs for their customers. Their garments are known for their excellent fit, quality craftsmanship, and stylish appeal.

With a focus on sustainability, Aarvee Denims incorporates eco-friendly practices in its manufacturing processes. They strive to reduce water consumption, minimize waste generation, and implement energy-efficient technologies. The company also emphasizes ethical and responsible sourcing of raw materials.

Aarvee Denims exports its products to numerous countries around the world, including the United States, Europe, South America, and Asia. They have established long-term relationships with international brands and retailers, earning a reputation for their reliability, timely delivery, and customer-centric approach.

As a prominent player in the denim industry, Aarvee Denims & Exports Ltd continues to innovate and adapt to the evolving market demands. Their commitment to quality, sustainability, and customer satisfaction positions them as a trusted partner in the global textile and fashion industry.

Category / Sector

Sector: Textiles Industry: Textiles – Cotton/Blended

Fundamental View with Financial Report

Market Cap ₹ 49.4 Cr.
Current Price ₹ 21.1
High / Low ₹ 31.0 / 16.2
Face Value ₹ 10.0

Growth Statement

Aarvee Denims and Exports Ltd compounded Sales Growth is not good if you calculate for the last 10 years. Stock Price CAGR was also poor for 5 to 10 years duration.

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Technical View (Support area)

On a daily basis chart, we can see a strong support area of 18 to 19 area. So, in this range, you can accumulate for future targets.

On a weekly basis chart shows a different prospectus when we compare it with two major indicators.

One is RSI. Where we can see a possibility of an upper breakout level which is indicated in the below chart.

Still volume level is not good at this stage on a weekly basis chart but you can accumulate 18-19 level if it touched earlier.

Technical Target

If all happen smoothly then we can see a strong up-move from here or below level as I mentioned earlier. Weekly basis target 24-26 areas in the very short term. If it holds the 26 areas for a week and sustains the level then we can see a wild mark of level. 33-38-45+ target will be the big story for the next 2-5 years.

For more technical stocks view please check out here and for learning the basics you can check out here.

Disclaimer

Investments are subject to market risks. Before investing in any stocks or financials scheme please consult with your experts for more clarity. I am not responsible for any of you profit or loss.