The announcement was made after trading hours yesterday, 10 September 2015.

Meanwhile, the BSE Sensex was up 135.82 points, or 0.53%, to 25,757.99.

On BSE, so far 39,000 shares were traded in the counter, compared with an average volume of 2.58 lakh shares in the past one quarter.

The stock hit a high of Rs 267.30 and a low of Rs 263.40 so far during the day. The stock hit a 52-week high of Rs 341.40 on 16 September 2014. The stock hit a 52-week low of Rs 216.20 on 16 June 2015.

The stock had underperformed the market over the past one month till 10 September 2015, falling 13.61% compared with 8.82% fall in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 8.30% as against Sensex's 4.54% decline.

The mid-cap company has an equity capital of Rs 258.24 crore. Face value per share is Rs 10.

Arvind announced its entry into the beauty and cosmetics segment through a partnership with Sephora, owned by LVMH Moet Hennessy Louis Vuitton, a French luxury conglomerate. With this partnership, Arvind will now manage Sephora's portfolio of 3 stores in Delhi and one in Pune. Sephora is the world's largest and leading beauty retailer with a presence in 31 countries. Arvind will lead the geographical retail expansion of Sephora with a focus on urban centres through the key beauty categories of makeup, fragrances, skincare and hair care.

On a consolidated basis, net profit of Arvind declined 35.87% to Rs 58.04 crore on 6.74% rise in net sales to Rs 1872.60 crore in Q1 June 2015 over Q1 June 2014.

Arvind is a textiles & clothing conglomerate.