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The Economic Times
The Economic Times
Veer Sharma

Motilal Oswal initiates coverage on KPR Mill, 7 other textile stocks with up to 43% upside. Own any?

Motilal Oswal KPR Mill Arvind Fashions Gokaldas Exports Welspun Living India Trident Vardhman Textiles

Domestic brokerage firm Motilal Oswal has initiated coverage on eight textile companies, assigning a Buy rating to Gokaldas Exports, Indo Count Industries, Arvind Fashions, Pearl Global Industries and Welspun Living, while assigning Vardhman Textiles, KPR Mill and Trident a Neutral rating.

The brokerage believes the global textile and apparel industry is gradually emerging from a prolonged period of weakness. Global textile and apparel trade remained largely flat between CY21 and CY25 after the strong post-pandemic demand surge in FY22.

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