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Vivaa Tradecom Limited Stock performance
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KEY OBSERVATIONS

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noteAnnual Revenue,rose 44.86%, in the last year to ₹287.51 Cr. Its sector's average revenue growth for the last fiscal year was -2.35%.
noteAnnual Net Profit,rose 8.46% in the last year to ₹0.76 Cr. Its sector's average net profit growth for the last fiscal year was -24.13%.
notePrice to Earning Ratio,is 24.27, lower than its sector PE ratio of 63.83.
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Vivaa Tradecom was originally incorporated as ‘Anantnath Infracon Private Limted’ under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated April 23, 2010 issued by the Assistant Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, the name of the company has changed from ‘Anantnath Infracon Private Limted’ to ‘Vivaa Tradecom Private Limited’ vide Fresh Certificate of Incorporation dated September 06, 2012. Further, the company was converted in to a public limited Company pursuant to a special resolution passed by its shareholders at the EGM held on December 02, 2022 and consequently the name of the company was changed to ‘Vivaa Tradecom Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, Ahmedabad dated December 14, 2022.The company was engaged in the trading of Textile Fabrics and Readymade Garments. In the year 2013, the company had acquired the ongoing manufacturing business of Readymade Garments under Slump Sale Agreement from M/s Parikh Impex along with goodwill, brand name and knowhow and the entire assets and liabilities along with their trained labourer. The company is engaged in the manufacturing as well as trading of Cloths and Garments. It was selling readymade garments to various reputed clients on Pan India basis Lifestyle International, Aditya Birla Fashion and Retail, Lajja Polyfab, Nandan Denim, Bajaj Impex, Reliance Retailes etc were the some of its reputed clients. Denim jeans garments and denim cloths was one of its most traded segment. It is directly purchasing readymade garments and cotton and Jeans garments from the market and sale it to its customers. From April 2022 its major business is with the Ahmedabad based buyer and seller.In most of the cases its purchases are based on the order received by it from its clients, however sometimes, looking to the market supply and demand position, it purchases and store the garments and cloths in view get better margin. He has gained rich knowledge and knows all the intricacies of the trading business. Generally, it is purchasing its trading materials above100 days credit and it is also selling it to its customers above 100 days credit. Its major trading activities are now a day is concentrated within the Gujarat.Business area of the companyThe company is mainly engaged in the business of Manufacturing and trading of garment products, fabric offline as well as online including trims and jobwork in fabric etc.
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