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An announcement from AB Cotspin India Ltd. ( (IN:ABCOTS) ) is now available.
A B Cotspin India Ltd. has reported a remarkable 97.37% growth in net profit for the first half of the fiscal year 2026 compared to the same period in the previous year, despite a 24.06% decline in total revenue. The company is expanding its business operations by entering the real estate market with a new project in Ludhiana, Punjab, and plans a major capacity expansion in its textile manufacturing facilities. Additionally, the company has increased its solar power capacity, reflecting its commitment to sustainability. The equity shares of A B Cotspin are now traded on the main boards of both NSE and BSE, enhancing its market presence.
More about AB Cotspin India Ltd.
A B Cotspin India Ltd. is a leading textile manufacturer with over 25 years of industry expertise. The company is involved in the production of textiles and has recently expanded its operations to include real estate development. Its market focus includes both the textile industry and the real estate sector, with a significant capacity for spindle production and an emphasis on sustainability through solar power initiatives.
Average Trading Volume: 2,795
Current Market Cap: 8.98B INR
For detailed information about ABCOTS stock, go to TipRanks’ Stock Analysis page.