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Tuni Textile Mills surges after three domestic fabric purchase orders
The orders, received during September 2026, total about 1.975 million metres and have a base value of roughly ₹295.13 million to ₹301.73 million, excluding GST.
LiveMint Markets reports that Tuni Textile Mills shares hit the 5% upper circuit limit on Wednesday, September 23, settling at ₹1.66 as the stock kept extending gains amid volatility in the Indian equity market.
The rally followed the company’s disclosure that it received three domestic purchase orders for the supply of woven shirting and finished fabrics as part of its regular business. The orders cover about 1.975 million metres of fabric and carry an aggregate base order value of around ₹295.13 million to ₹301.73 million, excluding applicable GST.
The purchase orders include poly-cotton, higher-cotton-content and other shirting and finished fabric specifications, with delivery timelines generally ranging from 60 to 120 days. One order is required to be completed on or before January 5, 2027, and payment terms are generally between 60 and 90 days.
The filing also said the orders provide execution visibility for the upcoming operating period and reflect continued customer demand, with the company emphasizing production planning, quality consistency, timely delivery, and working-capital management. With the latest session, the stock marked its sixth consecutive day closing at the maximum limit, after hitting the 10% upper circuit between September 16 and September 21.