logo

A B Cotspin Rises 1.30% on ₹18 Crore Yarn Order and Main Board Listing

By Shishta Dutta | Published at: Sep 24, 2025 04:51 PM IST

A B Cotspin Rises 1.30% on ₹18 Crore Yarn Order and Main Board Listing
Open Free Demat Account

By signing up I certify terms, conditions & privacy policy

Mumbai, 24 September 2025: Shares of A B Cotspin India Ltd. (NSE: ABCOTS) gained 1.30% to ₹462.45 as of 3:07 PM IST after the company secured a ₹18 crore order for 712 MT of cotton yarn and marked its migration from NSE Emerge to the main boards of NSE and BSE.

Headquartered in Bathinda, Punjab, A B Cotspin India Ltd. has over 25 years of experience in manufacturing cotton yarn, knitted fabrics, and eco-friendly textile products. The company has built a reputation in both domestic and export markets, catering to large textile hubs and apparel manufacturers.

A B Cotspin Share Price Touches ₹504.00 Before Settling Higher at ₹462.45

The stock opened at ₹474.95, surged to an intraday high of ₹504.00, and hit a low of ₹447.50, before trading at ₹462.45, reflecting a gain of ₹5.95 (1.30%) from the previous close of ₹456.50.

  • Market capitalisation: ₹1,015.71 crore
  • Traded volume: 1.20 lakh shares
  • Traded value: ₹5.65 crore
  • 52-week range: ₹504.00 (high) and ₹447.50 (low) – both recorded today

The buying interest was evident with buy quantity at 66,825 shares against sell quantity of 12,309 shares, highlighting strong demand on the back of order inflow and corporate milestone.

₹18 Crore Cotton Yarn Order Expected to Bolster Two-Month Revenue Pipeline

The company confirmed receiving an order worth ₹18 crore for a total of 712 MT of cotton yarn, split among key buyers including M/s Das Fabrics Ludhiana and M/s C Mohan International. The consignments, with volumes of 333 MT, 100 MT, 198 MT, and 81 MT, are scheduled for execution within two months starting 23 September 2025.

The deal is expected to provide near-term revenue visibility and strengthen A B Cotspin’s position in the domestic textile value chain.

Government Policy Tailwinds Strengthen Textile Sector Outlook

The order coincides with broader policy support for the textile industry. The Government of India has temporarily suspended the 11% import duty on cotton, reducing input costs for domestic spinners. Furthermore, the India–UK Free Trade Agreement (FTA) has eliminated tariffs on textile exports, improving competitiveness for Indian manufacturers.

Export clusters such as Tirupur, Surat, and Ludhiana are projected to expand by up to 40% in three years, providing favourable conditions for companies like A B Cotspin to scale.

Main Board Migration Marks Milestone in A B Cotspin’s Growth Journey

A B Cotspin debuted on NSE Emerge in January 2022 and today completed its transition to the main boards of NSE and BSE, a move that enhances visibility and credibility in India’s capital markets. The shift also increases access to larger pools of institutional investors and reflects the company’s growth trajectory since its listing.

A B Cotspin’s share price movement today reflects the dual impact of a significant ₹18 crore order inflow and its successful migration to the NSE and BSE main boards. Combined with favourable government policies and export opportunities, these developments highlight the strengthening position of the company within India’s textile value chain.

REF: https://nsearchives.nseindia.com/corporate/ABCOTSPIN_23092025203934_Press_Release_6_sign.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

Desktop BannerMobile Banner
Invest Anytime, Anywhere
Play StoreApp Store
Open Free Demat Account Online

By signing up I certify terms, conditions & privacy policy