Related Keywords: backward integration, completed its capacity expansion, largest denim manufacturer in India, lately caught the Street's fancy, little-known textile midcap, Nandan Denim Limited, NDL, NDL looks set to garner market share, post-GST regime, reality of new taxes., unorganized players grapple
Nandan Denim Limited (NDL), India's largest denim manufacturer and a little-known textile midcap, has lately caught the Street's fancy. Having completed its capacity expansion and backward integration, NDL looks set to garner market share in the post-GST regime as unorganized players grapple with the reality of new taxes.
Denim fabric contributes 80-90 percent to NDL's annual turnover on an average, is the company's forte.
