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Nandan Denim ranks 38 among Fortune India Next 500
25
Aug '16
Nandan Denim CEO Deepak Chiripal receiving award from Union minister Nitin Gadkari
Nandan Denim CEO Deepak Chiripal receiving award from Union minister Nitin Gadkari
Nandan Denim Limited, manufacturer of gray cotton fabrics, khakhis and denims, has been conferred an award by Fortune India for ranking 38 among the Fortune India Next 500 (2016) companies for wealth creation over 3 years (59.64% CAGR). Over 5 years, the company ranks 42nd with 45.21% CAGR increase in market capitalisation as of April 2016.

“Fortune India is proud to honour Nandan Denim Ltd as one of the giants of tomorrow,” the award said.

“It is indeed an important moment for us, as the company's efforts have been recognised by a leading publication. We are now further motivated towards continuing our efforts for quality excellence and commitment,” the company said in a letter to stock exchanges. (RKS)

Fibre2Fashion News Desk – India

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