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⚠️SEBI has imposed a penalty of INR 20L 💰 on Sangam India for delayed ⏰disclosures with respect to Promoter Share Transactions ⛳️❌
A Thread 🧵
#SangamIndia #SEBI #redflag #corporategovernance
A Thread 🧵
#SangamIndia #SEBI #redflag #corporategovernance
1. Promoter bought 4.55% stake but disclosed it after delay of 1926 days 
2. The inter-se promoter transaction of more than 5% in FY17 was also disclosed with delay of 1200 days
Thread 🧵on Best Textile Sector Stocks in India ...
Why Invest in Textile ❓
Charts of Best Stocks for Trading / Investing (Based on Set Criteria)
Charts & TA Courtesy : @YTA_School
(Must Read for Traders & Investors)
@Anshi_________ @AmitabhJha3 (Views Invited) 🙏🙏🙏
Why Invest in Textile ❓
Charts of Best Stocks for Trading / Investing (Based on Set Criteria)
Charts & TA Courtesy : @YTA_School
(Must Read for Traders & Investors)
@Anshi_________ @AmitabhJha3 (Views Invited) 🙏🙏🙏
Covid-19 has altered global textile & apparel (T&A) supply chain with several brands preferring more than one sourcing destination.
Further, US-China trade war & imposition of additional duties on Chinese T&A imports have forced US-based importers to search for alternatives.
Further, US-China trade war & imposition of additional duties on Chinese T&A imports have forced US-based importers to search for alternatives.
In December, US signed a law that bans imports from China's Xinjiang region over concerns about forced labour. As Xinjiang constitutes ~ 20 per cent of global cotton market, supply re-adjustment on account of this ban has led to more demand for Indian cotton and cotton yarn.
Its weekend...and time for deep dive for next #megatrend in the making ..
Can #textiles be the sector in 2022 what did speciality chemicals used to be in 2016-17??
Yes you are right speciality chemicals baskets have been 15-20 baggers in the last 5 years
(1/n)
Can #textiles be the sector in 2022 what did speciality chemicals used to be in 2016-17??
Yes you are right speciality chemicals baskets have been 15-20 baggers in the last 5 years
(1/n)
#Navinfluorine from 270 in 2016 to 4000 in 2021
#Vinatiorganics from 200 in 2016 to 2200 in 2021
#Aartiindustries from 135 in 2016 to 1200 in 2021
And lots many…
First of all, let us understand what’s exactly changed during 2016 for speciality
#Vinatiorganics from 200 in 2016 to 2200 in 2021
#Aartiindustries from 135 in 2016 to 1200 in 2021
And lots many…
First of all, let us understand what’s exactly changed during 2016 for speciality
chemicals and can history repeat itself in the case of textiles:
Flashback 2016:
Back in 2016 china had a dominant market share of 67 % in speciality and commodity chemicals.
Due to rising Air pollution, Chinese regulations decided to shut down chemical factories
Flashback 2016:
Back in 2016 china had a dominant market share of 67 % in speciality and commodity chemicals.
Due to rising Air pollution, Chinese regulations decided to shut down chemical factories
