100 Per Cent Returns From 52-Week Low; Board Announces 10:1 Stock Split
The company has a market cap of Rs 350 crore and the stock has given multibagger returns of over 100 per cent from its 52-week low of Rs 78.55 per share.
United Polyfab Gujarat Ltd has announced Friday, May 02, 2025, as the fixed record date for the sub-division or stock split of the face value of its equity shares. For each existing equity share of the company with a face value of Rs 10 (Rupees Ten Only) fully paid up, shareholders will receive ten equity shares with a new face value of Rs 1 (Rupee One Only) each, fully paid up.
United Polyfab Gujarat Ltd, established in 2010, operates in the textile industry, focusing on both fabric manufacturing and the spinning and weaving of yarn. The company engages in the trading and manufacturing of woven fabrics and yarn, alongside providing job work services for the manufacturing and weaving of various gray fabrics, including denim and cotton. Notably, all of United Polyfab Gujarat Ltd's sales are currently generated within the state of Gujarat. Their product portfolio encompasses cotton yarn, which serves diverse applications in textile production, dyed fabric created through the coloration of textile materials, grey fabric sourced directly from weaving or knitting processes, and denim fabric, a durable cotton warp-faced material.
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The company's manufacturing infrastructure is situated in Dascroi, Ahmedabad, featuring an installed yarn spinning capacity of 40,000 spindles. United Polyfab Gujarat Ltd's clientele includes several notable entities such as Jindal, Eland Apparel, Anubha, Aarvee Denims & Exports, Sangam, Partap Group and JRD Denims, among others. These clients represent a segment of the businesses that utilize the various yarn and fabric products manufactured by United Polyfab Gujarat Ltd.
The company has a market cap of Rs 350 crore and the stock has given multibagger returns of over 100 per cent from its 52-week low of Rs 78.55 per share. Investors should keep an eye on this micro-cap textile stock.
Disclaimer: The article is for informational purposes only and not investment advice.