AB Cotspin announces Order worth around ₹5.45 Crore for 200 MT of Cotton Yarn

A B Cotspin India Ltd. (NSE: ABCOTS, BSE: 544522), a leading textile manufacturer with over 25 years of industry expertise, announces an Order worth around ₹5.45 crore for 200 MT of Cotton Yarn to be executed within 1 month. This order reinforces the company's market position as a trusted supplier of high-quality cotton yarn, knitted fabrics, and eco-friendly products.

The Centre has launched ₹600 crore "Kapas Kranti Mission" to promote high-yield, long-staple cotton cultivation through scientific research, technological innovation, and extension services.

Prime Minister Narendra Modi-led central government's decision to reduce GST rates has transformed this year's Navratri into one of the strongest consumption phases in recent years. Lower taxes on essential and consumer goods have brought much-needed relief to households while boosting market sentiment, Diwali demand set to rise.

The ongoing festival and forthcoming wedding season is expected to create incredible business. According to retail experts, the government's policy changes have not only strengthened local supply chains but also provided a significant boost to the 'Make in India' initiative.

Union Minister of Textiles Giriraj Singh on October 7, 2025 at the World Cotton Day 2025 celebrations in New Delhi said the government's vision goes beyond expanding exports and textile markets, aiming to make India's textile sector carbon-neutral by 2030. He highlighted the government's goal of achieving a USD 350 billion textile industry, including USD 100 billion in exports, with sustainability at the heart of this growth. Minister of State Pabitra Margherita emphasized that the Kasturi Cotton initiative will contribute significantly to the Government's '5F' (Farm-Fibre-Factory-Fashion-Foreign) vision and hinted at enhancing textile cooperation with Russia.

'Kasturi Cotton' is an initiative of the Government of India, Textile Trade Bodies and Industry with the objective of creating premium value for cotton grown in India as per benchmarked specifications.

Punjab Chief Minister Bhagwant Singh Mann recently met with leading industrialists, positioning Punjab as a prime investment destination. Mann assured that the government is committed to simplifying the investment process and creating a business-friendly environment that attracts both national and global investors.

Urging the Finance Ministry for short-term support to factories catering to the US market, Confederation of Indian Textile Industry (CITI) Chairman Ashwin Chandran sought temporary relief on working capital to address challenges arising from tariffs and order cancellations. He called for an increase in export incentives such as duty drawback, RoSTCL, and RoDTEP, noting that while 25-50% tariffs cannot be fully offset, partial relief would aid exporters to the United States.

The Co. expects to achieve Turnover of around ₹350 crores and EBITDA of ₹50-55 crores for FY 2025-26.

The equity shares of Company has now being traded on the Main Boards of both the National Stock Exchange Ltd. (NSE) and BSE Ltd. (BSE), effective from September 24, 2025.

Shares of A B Cotspin Limited was last trading in BSE at Rs. 406.45 as compared to the previous close of Rs. 388.75. The total number of shares traded during the day was 1003 in over 75 trades.

The stock hit an intraday high of Rs. 408.35 and intraday low of 386.40. The net turnover during the day was Rs. 403193.00.

Source : Equity Bulls

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