Textile penny stock under Rs 2 jumps as company achieves Rs 100 crore export sales in current financial year!

On Monday, shares of Garment Mantra Lifestyle Ltd gained 5.56 per cent to Rs 1.33 per share from its previous closing of Rs 1.26 per share. The company has a market cap of Rs 59.11 crore. The stock is up by 27 per cent from its 52-week low of Rs 1.05 per share. The shares of the company saw a Spurt in Volume by more than 1.50 times on the BSE.

Garment Mantra Lifestyle Limited has reached a historic milestone by achieving Rs 100 crore in export sales for the current financial year, marking the highest export performance since its inception. This achievement signals a successful strategic shift from a domestic-focused wholesaler into a globally recognised, export-oriented textile and apparel player. The company’s growth is particularly prominent in the Gulf region and the Middle East, reflecting strong international trust in its "Made in India" products. Management attributes this success to a consistent focus on high-quality manufacturing, innovative product development, and the operational efficiency of its state-of-the-art facilities in Tiruppur.

The landmark performance underscores Garment Mantra’s resilience and its ability to scale operations while maintaining stringent international compliance standards. By diversifying its market presence beyond traditional corridors, the company has successfully shielded its bottom line from global market fluctuations and tariff changes. This record-breaking sales figure is supported by a robust supply chain and a skilled workforce, positioning the company to capitalise on the projected double-digit growth in India’s apparel sector. With an unexecuted Order Book still in place, the management remains confident in sustaining this momentum and creating long-term value for its stakeholders through its "global-first" mindset.

About the Company

Garment Mantra Lifestyle Limited, formerly known as Junction Fabrics & Apparels Ltd, is a Tiruppur-based apparel leader with over 25 years of expertise in manufacturing and wholesaling high-quality garments. Under the strategic leadership of Chairman & Managing Director Mr Prem Aggarwal, the company has successfully transitioned from a domestic player into an export-driven enterprise, blending traditional Indian craftsmanship with modern global aesthetics. To support its ambitious growth, the company maintains a robust domestic presence through wholesale hubs in Tiruppur and Surat, while its newly launched distribution network in Tamil Nadu further strengthens its nationwide reach and operational excellence.

Disclaimer: The article is for informational purposes only and not investment advice.