Globe Textiles

Market Cap: Micro Cap
Industry: Garments & Apparels
ISIN: INE581X01021
NSEID: GLOBE
BSEID:

INR

2.45

-0.02 (-0.81%)

BSENSE

Dec 12

BSE+NSE Vol: 339173

{
  "main_header": {
    "sid": 1002778,
    "name": "Globe Textiles",
    "stock_name": "Globe Textiles",
    "full_name": "Globe Textiles (India) Ltd",
    "name_url": "stocks-analysis/globe-textiles",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "2.45",
    "chg": -0.02,
    "chgp": "-0.81%",
    "dir": -1,
    "prev_price": "2.47",
    "mcapval": "111.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": "",
    "symbol": "GLOBE",
    "ind_name": "Garments & Apparels",
    "ind_code": 32,
    "indexname": "",
    "isin": "INE581X01021",
    "curr_date": "Dec 12",
    "curr_time": "",
    "bse_nse_vol": 339173,
    "exc_status": "Active",
    "traded_date": "Dec 12, 2025",
    "traded_date_str": "2025 12 12",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
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    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/globe-textiles-1002778-1&utm_source=Spage_Header_Score",
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  "news": {
    "results": [
      {
        "title": "Why is Globe Textiles falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-globe-textiles-fallingrising-3752383",
        "imagepath": "",
        "date": "2025-12-09 01:00:58",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Stock Performance Against Benchmarks</strong></p>\n<p>Globe Textiles has experienced significant weakness over recent periods when compared with the Sensex. Over the past week, the stock declined by 14.54%, sharply underperforming the Sensex’s modest 0.82% loss. The one-month trend also shows a negative return of 3.98% for Globe Textiles, contrasting with the Sensex’s 1.84% gain. More strikingly, the year-to-date and one-year returns for the stock are deeply negative at -51.51% and -49.90% respectively, while the Sensex has delivered positive returns of 9.79% and 5.20% over the same periods. Even over a three-year horizon, Globe Textiles remains down by 51.80%, whereas the Sensex has appreciated by 39.50%. These figures highlight a persistent underperformance that has weighed heavily on inves..."
      },
      {
        "title": "Globe Textiles Sees Revision in Market Evaluation Amid Mixed Financial Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/globe-textiles-upgraded-from-strong-sell-to-sell-by-marketsmojo-on-20-oct-2025-3748368",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/GlobeTextiles_mojoScore_3748368.png",
        "date": "2025-12-05 10:10:08",
        "description": "Globe Textiles, a microcap player in the Garments & Apparels sector, has experienced a revision in its market evaluation metrics, reflecting nuanced shifts across key analytical parameters. This development comes amid a backdrop of fluctuating stock returns and a complex financial landscape for the company."
      },
      {
        "title": "Globe Textiles (India) Forms Golden Cross, Indicating Potential Bullish Breakout",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/globe-textiles-india-forms-golden-cross-indicating-potential-bullish-breakout-3747045",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/GlobeTextilesIn_goldencross_3747045.png",
        "date": "2025-12-04 18:00:44",
        "description": "Globe Textiles (India) has recently experienced a significant technical event known as the Golden Cross, where its 50-day moving average has crossed above the 200-day moving average. This development is widely regarded as a bullish signal, suggesting a possible shift in long-term momentum and a potential trend reversal for the garment and apparel company."
      },
      {
        "title": "Why is Globe Textiles falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-globe-textiles-fallingrising-3690975",
        "imagepath": "",
        "date": "2025-11-11 23:03:54",
        "description": "As of 11-Nov, Globe Textiles (India) Ltd is experiencing a price increase, currently at 2.83, reflecting a change of 0.27 or 10.55% upward. The stock has shown strong performance today, outperforming its sector by 9.73%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. However, there has been a notable decline in investor participation, with delivery volume falling by 74.83% compared to the 5-day average. Despite a year-to-date return of -43.06%, the stock has gained 28.64% over the past month, suggesting a recent recovery. The increase in promoter stake by 1.06% signals confidence in the company's future, although the stock's long-term fundamentals remain weak due to a high debt-to-EBITDA ratio and consistent underperformance against benchmarks.\n\nIn the broader market context, Globe Textiles has outperformed the Sensex over the past week, wi..."
      },
      {
        "title": "Globe Textiles Stock Hits Upper Circuit Limit with Intraday High of Rs 3.07",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/globe-textiles-stock-hits-upper-circuit-limit-with-intraday-high-of-rs-307-3689792",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/GlobeTextilesIn_stocks_hitting_upper_circuit_3689792.png",
        "date": "2025-11-11 12:00:16",
        "description": "Globe Textiles (India) Ltd, a microcap in the Garments & Apparels sector, reached its upper circuit limit today, with a notable trading volume of approximately 18.01 lakh shares. The stock demonstrated strong performance, trading above multiple moving averages, indicating a robust upward trend despite a decline in delivery volume."
      },
      {
        "title": "Why is Globe Textiles falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-globe-textiles-fallingrising-3681350",
        "imagepath": "",
        "date": "2025-11-07 23:21:17",
        "description": "As of 07-Nov, Globe Textiles (India) Ltd is experiencing a decline in its stock price, currently at 2.51, which reflects a decrease of 0.1 or 3.83%. Today's performance indicates that the stock has underperformed its sector by 4.48%. Additionally, while the stock has shown a positive return of 15.14% over the past month, it has significantly underperformed over the longer term, with a year-to-date decline of 49.50% and a one-year return of -49.40%. The stock is trading at a discount compared to its peers, and despite a recent increase in promoter confidence with a 1.06% stake increase, the company's weak long-term fundamentals, including a high Debt to EBITDA ratio and a low Return on Capital Employed (ROCE), are concerning. \n\nBroader market context shows that the Sensex has declined by 0.89% over the past week, indicating a challenging environment for stocks in general. However, Globe Textiles' performance..."
      },
      {
        "title": "Why is Globe Textiles falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-globe-textiles-fallingrising-3668027",
        "imagepath": "",
        "date": "2025-11-03 22:47:48",
        "description": "As of 03-Nov, Globe Textiles (India) Ltd is experiencing a price increase, currently trading at 2.71, which reflects a rise of 0.17 or 6.69%. The stock has shown strong performance today, outperforming its sector by 5.91%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 987.4% compared to the 5-day average. Despite a year-to-date decline of 45.47%, the stock has gained 22.07% over the past month, suggesting a recent recovery. The promoters' increased stake by 1.06% signals confidence in the company's future, although the company still faces challenges with a high Debt to EBITDA ratio and a declining profit trend.\n\nIn the broader market context, Globe Textiles has outperformed the benchmark Sensex over the past week, with a return of 1..."
      },
      {
        "title": "Why is Globe Textiles falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-globe-textiles-fallingrising-3662882",
        "imagepath": "",
        "date": "2025-10-31 22:56:07",
        "description": "As of 31-Oct, Globe Textiles (India) Ltd is experiencing a price increase, with its current price at 2.54, reflecting a rise of 0.21 or 9.01%. The stock has shown a strong performance today, outperforming its sector by 10.06%. It is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. Despite this positive movement, there is a notable decline in investor participation, with delivery volume dropping by 42.87% compared to the 5-day average. Over the past week, the stock has gained 7.63%, while it has increased by 13.90% over the past month, contrasting with the Sensex, which has seen a slight decline of 0.28% in the same week.\n\nIn the broader market context, the stock's recent performance stands out against the benchmark, particularly in the short term, where it has significantly outperformed the Sensex. However, it is important ..."
      },
      {
        "title": "How has been the historical performance of Globe Textiles?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-globe-textiles-3659831",
        "imagepath": "",
        "date": "2025-10-30 22:43:28",
        "description": "Answer:\nThe historical performance of Globe Textiles shows growth in net sales and profit over the fiscal years ending March 2024 and March 2025.\n\nBreakdown:\nIn the fiscal year ending March 2025, Globe Textiles reported net sales of 554.00 Cr, an increase from 458.90 Cr in March 2024. Total operating income also rose to 554.00 Cr from 458.90 Cr, while total expenditure increased to 528.83 Cr from 442.36 Cr. The operating profit (PBDIT) excluding other income improved to 25.17 Cr from 16.54 Cr, leading to an overall operating profit of 32.91 Cr, up from 27.69 Cr. Profit before tax increased to 13.12 Cr from 12.44 Cr, resulting in a profit after tax of 9.50 Cr compared to 8.86 Cr the previous year. However, earnings per share (EPS) decreased to 0.21 from 0.26. On the balance sheet, total liabilities grew to 385.24 Cr from 313.51 Cr, while total assets also increased to 385.24 Cr from 313.51 Cr. The cash flow ..."
      }
    ],
    "total": 139,
    "sid": "1002778",
    "stock_news_url": "https://www.marketsmojo.com/news/globe-textiles-india-1002778"
  },
  "announcements": [
    {
      "details": "Globe Textiles (India) Limited has informed the Exchange regarding Board meeting held on November 14, 2019.",
      "source": "NSE",
      "caption": "Globe Textiles (India) Limited - Outcome of Board Meeting",
      "datetime": "15-Nov-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Globe Textiles (India) Ltd has announced <strong>2:10</strong> stock split, ex-date: 03 Aug 21",
          "dt": "2021-08-03",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "Globe Textiles (India) Ltd has announced <strong>2:1</strong> bonus issue, ex-date: 03 Aug 21",
          "dt": "2021-08-03",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "",
      "data": [
        {
          "txt": "Globe Textiles (India) Ltd has announced <strong>1:2</strong> rights issue, ex-date: 17 Jan 25",
          "dt": "2025-01-17",
          "middle_text": "Rights Issue"
        }
      ]
    }
  ]
}

News and Views

Why is Globe Textiles falling/rising?

2025-12-09 01:00:58

Stock Performance Against Benchmarks

Globe Textiles has experienced significant weakness over recent periods when compared with the Sensex. Over the past week, the stock declined by 14.54%, sharply underperforming the Sensex’s modest 0.82% loss. The one-month trend also shows a negative return of 3.98% for Globe Textiles, contrasting with the Sensex’s 1.84% gain. More strikingly, the year-to-date and one-year returns for the stock are deeply negative at -51.51% and -49.90% respectively, while the Sensex has delivered positive returns of 9.79% and 5.20% over the same periods. Even over a three-year horizon, Globe Textiles remains down by 51.80%, whereas the Sensex has appreciated by 39.50%. These figures highlight a persistent underperformance that has weighed heavily on inves...

Globe Textiles Sees Revision in Market Evaluation Amid Mixed Financial Signals

2025-12-05 10:10:08

Globe Textiles, a microcap player in the Garments & Apparels sector, has experienced a revision in its market evaluation metrics, reflecting nuanced shifts across key analytical parameters. This development comes amid a backdrop of fluctuating stock returns and a complex financial landscape for the company.

Globe Textiles (India) Forms Golden Cross, Indicating Potential Bullish Breakout

2025-12-04 18:00:44

Globe Textiles (India) has recently experienced a significant technical event known as the Golden Cross, where its 50-day moving average has crossed above the 200-day moving average. This development is widely regarded as a bullish signal, suggesting a possible shift in long-term momentum and a potential trend reversal for the garment and apparel company.

Why is Globe Textiles falling/rising?

2025-11-11 23:03:54

As of 11-Nov, Globe Textiles (India) Ltd is experiencing a price increase, currently at 2.83, reflecting a change of 0.27 or 10.55% upward. The stock has shown strong performance today, outperforming its sector by 9.73%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. However, there has been a notable decline in investor participation, with delivery volume falling by 74.83% compared to the 5-day average. Despite a year-to-date return of -43.06%, the stock has gained 28.64% over the past month, suggesting a recent recovery. The increase in promoter stake by 1.06% signals confidence in the company's future, although the stock's long-term fundamentals remain weak due to a high debt-to-EBITDA ratio and consistent underperformance against benchmarks. In the broader market context, Globe Textiles has outperformed the Sensex over the past week, wi...

Globe Textiles Stock Hits Upper Circuit Limit with Intraday High of Rs 3.07

2025-11-11 12:00:16

Globe Textiles (India) Ltd, a microcap in the Garments & Apparels sector, reached its upper circuit limit today, with a notable trading volume of approximately 18.01 lakh shares. The stock demonstrated strong performance, trading above multiple moving averages, indicating a robust upward trend despite a decline in delivery volume.

Why is Globe Textiles falling/rising?

2025-11-07 23:21:17

As of 07-Nov, Globe Textiles (India) Ltd is experiencing a decline in its stock price, currently at 2.51, which reflects a decrease of 0.1 or 3.83%. Today's performance indicates that the stock has underperformed its sector by 4.48%. Additionally, while the stock has shown a positive return of 15.14% over the past month, it has significantly underperformed over the longer term, with a year-to-date decline of 49.50% and a one-year return of -49.40%. The stock is trading at a discount compared to its peers, and despite a recent increase in promoter confidence with a 1.06% stake increase, the company's weak long-term fundamentals, including a high Debt to EBITDA ratio and a low Return on Capital Employed (ROCE), are concerning. Broader market context shows that the Sensex has declined by 0.89% over the past week, indicating a challenging environment for stocks in general. However, Globe Textiles' performance...

Why is Globe Textiles falling/rising?

2025-11-03 22:47:48

As of 03-Nov, Globe Textiles (India) Ltd is experiencing a price increase, currently trading at 2.71, which reflects a rise of 0.17 or 6.69%. The stock has shown strong performance today, outperforming its sector by 5.91%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 987.4% compared to the 5-day average. Despite a year-to-date decline of 45.47%, the stock has gained 22.07% over the past month, suggesting a recent recovery. The promoters' increased stake by 1.06% signals confidence in the company's future, although the company still faces challenges with a high Debt to EBITDA ratio and a declining profit trend. In the broader market context, Globe Textiles has outperformed the benchmark Sensex over the past week, with a return of 1...

Why is Globe Textiles falling/rising?

2025-10-31 22:56:07

As of 31-Oct, Globe Textiles (India) Ltd is experiencing a price increase, with its current price at 2.54, reflecting a rise of 0.21 or 9.01%. The stock has shown a strong performance today, outperforming its sector by 10.06%. It is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. Despite this positive movement, there is a notable decline in investor participation, with delivery volume dropping by 42.87% compared to the 5-day average. Over the past week, the stock has gained 7.63%, while it has increased by 13.90% over the past month, contrasting with the Sensex, which has seen a slight decline of 0.28% in the same week. In the broader market context, the stock's recent performance stands out against the benchmark, particularly in the short term, where it has significantly outperformed the Sensex. However, it is important ...

How has been the historical performance of Globe Textiles?

2025-10-30 22:43:28

Answer: The historical performance of Globe Textiles shows growth in net sales and profit over the fiscal years ending March 2024 and March 2025. Breakdown: In the fiscal year ending March 2025, Globe Textiles reported net sales of 554.00 Cr, an increase from 458.90 Cr in March 2024. Total operating income also rose to 554.00 Cr from 458.90 Cr, while total expenditure increased to 528.83 Cr from 442.36 Cr. The operating profit (PBDIT) excluding other income improved to 25.17 Cr from 16.54 Cr, leading to an overall operating profit of 32.91 Cr, up from 27.69 Cr. Profit before tax increased to 13.12 Cr from 12.44 Cr, resulting in a profit after tax of 9.50 Cr compared to 8.86 Cr the previous year. However, earnings per share (EPS) decreased to 0.21 from 0.26. On the balance sheet, total liabilities grew to 385.24 Cr from 313.51 Cr, while total assets also increased to 385.24 Cr from 313.51 Cr. The cash flow ...

View All News

Announcement

Globe Textiles (India) Limited - Outcome of Board Meeting

15-Nov-2019 | Source : NSE

Globe Textiles (India) Limited has informed the Exchange regarding Board meeting held on November 14, 2019.

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

SPLITS

Globe Textiles (India) Ltd has announced 2:10 stock split, ex-date: 03 Aug 21

BONUS

Globe Textiles (India) Ltd has announced 2:1 bonus issue, ex-date: 03 Aug 21

RIGHTS

Globe Textiles (India) Ltd has announced 1:2 rights issue, ex-date: 17 Jan 25