Ready for re-rating once again? 4 stocks from textile sector with upside potential of up to 24%

There are two kinds of comebacks, first is in terms of macro structure of the business witnessing an improvement and hence the bottomline showing an improvement and second is in the stock price performance..

In last 8-9 years, there has been a policy-level effort to revive sectors like textiles for two reasons..

This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum...

However, right from labour issues to smaller Asian countries becoming more competitive in terms of cost of production, different segments of the textile industry have faced more headwinds than tailwinds in their history of existence..

However, some of the initial outperformers in the stock market rally which started after covid outbreak, the textile sector was among the leaders of the..

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