Vardhman Textiles Share Price Rallies Over 11% as Govt Extends Duty-Free Cotton Imports

Vardhman Textiles share price is witnessing a significant rally today. As of 1:35 PM, its shares are up by 11.22%, or 44.70 points and are trading at 443.00. The rally comes after the extension of duty-free imports by the Indian government till December 31. 2025. This move by the Indian government is expected to lower input costs and support exporters like Vardhman Textiles that are facing steep US tariffs of 50%.

The shares opened at ₹395.05 and have made an intraday high of ₹44.80, and a low of ₹387.20 as of now. Buy orders are over 10.11 lakh shares, exceeding sell orders of only 1.91 lakh.

Vardhman Textiles Limited, the flagship company of Vardhman group, is one of India’s most prominent integrated textile manufactures. It is headquartered in Vardhman Premises, Chandigarh Road, Ludhiana, Punjab. It has VTL as its NSE ticker symbol and 502986 as its BSE code.

Policy Support Lifts Investor Sentiment

The Indian government has extended duty exemptions till December 31, 2025 on cotton imports. This removes the 5% Basic Customs Duty, 5% Agriculture Infrastructure and Development Cess, and 10% Social Welfare Surcharge on cotton imports. The move is expected to lower the cost of raw materials across the textile chain, stabilise domestic cotton prices, provide relief to large exporters and SMEs and help them cushion the 50% US tariffs.

REF: https://www.nseindia.com/get-quotes/equity?symbol=VTL

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