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Harsh Vardhan

12th Aug · SEBI-Registered Analyst

GLOBALE

$GLOBALE Globale Tessile is engaged in the traditional textiles business, covering shirting, suiting, value fabrics, apparel and home textiles. FY26 standalone revenue was approximately ₹8.4 crore, while the company reported a ₹0.41 crore loss, highlighting the currently weak earnings profile. Latest News: The company appointed Jitendra Kumar Bhatia as CFO in April 2026 following the resignation of its previous CFO. Key Risk/Monitorable: GLOBALE was moved to Stage I of NSE’s Graded Surveillance Measure (GSM) from July 6, 2026, with 100% margin applicable and a 5% or lower price band. Promoter holding stood at about 64.8% in June 2026. Given the small revenue base, recent losses and surveillance measures, the stock carries very high risk; any investment thesis depends on a sustained turnaround in revenue and profitability.

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