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Motilal Oswal initiates coverage on 8 textile stocks, including Arvind and Gokaldas Exports; sees up to 39% upside
Motilal Oswal has started coverage on eight textile firms, predicting growth due to global demand recovery and capacity expansions. They recommend 'buy' for Gokaldas Exports, Arvind, Pearl Global, Indo Count, and Welspun Living.
Explained: Why textile stocks are delivering up to 14% returns for investors on Wednesday?
Textile stocks rallied sharply on Wednesday after brokerages turned bullish on the sector, citing improving global demand, favourable trade agreements and India’s rising competitiveness in apparel exports. Pearl Global surged nearly 10%, while Indo Count and KPR Mill gained around 8% each. Analysts believe Indian textile exporters are entering a multi-year growth phase after years of subdued demand.
Pearl Global Industries Ltd leads gainers in 'A' group
K P R Mill Ltd, Patel Engineering Ltd, Indo Count Industries Ltd and Aether Industries Ltd are among the other gainers in the BSE's 'A' group today, 24 June 2026.
Motilal Oswal initiates coverage on KPR Mill, 7 other textile stocks with up to 43% upside. Own any?
Motilal Oswal has initiated coverage on eight textile companies, turning bullish on Gokaldas Exports, Indo Count, Arvind Fashions, Pearl Global and Welspun Living. The brokerage expects improving global demand, trade agreements and supply-chain shifts to support India’s textile sector recovery and long-term export growth.
KPR, Indo Count, Gokaldas rally up to 9%; what's driving textile stocks?
Brokerage firm Motilal Oswal Financial Services initiated coverage on 8 companies across apparel and home textiles, with Gokaldas Exports, Arvind, and Indo Count Industries as high-conviction picks.
Bharti Airtel raises stake in Airtel Africa to 79 per cent in transaction worth Rs 28,000 cr
Bharti Airtel has significantly boosted its stake in Airtel Africa to approximately 79 percent through a Rs 28,200 crore share-swap deal. This strategic move, involving a cashless exchange with promoter group entity ICIL, enhances Bharti Airtel's economic interest in the high-growth African subsidiary. The company anticipates Airtel Africa becoming a USD 10 billion revenue entity, contributing substantial returns.
India-UK FTA to boost textile exporters; Arvind, KPR Mill, SP Apparels in focus: Elara Capital
Prerna Jhunjhunwala, Vice President Equity Research at Elara Capital, said the India-UK Free Trade Agreement removes a key disadvantage for Indian textile exporters by eliminating import tariffs. She expects companies with existing UK exposure, including SP Apparels, KPR Mill, Wellspun Living and Indo Count, to benefit. Elara Capital also sees Arvind Ltd as a top pick, citing growth opportunities in technical textiles and expanding garment exports.
Textile stocks gain as upcoming UK and EU FTAs to grant zero duty access, boost export prospects
For home textiles, Indo Count Industries, Pearl Global and Welspun Living are the key beneficiaries. While Indo Count Industries and Pearl Global have a 4% - 5% UK exposure, Welspun Living's UK and EU exposure was 18% in financial year 2025.
Stock alert: Gokaldas, Indo Count, Himatsingka, Kitex rally up to 6% - Business Standard
Stock alert: Gokaldas, Indo Count, Himatsingka, Kitex rally up to 6%Business Standard
Bharti Airtel Secures Shareholders Nod To Raise Airtel Africa Stake To 79% In Share-Swap Deal
Bharti Airtel will issue shares to ICIL after 100% of shareholders voted in favour of the transaction
Mukul Agrawal portfolio stock: Indo Count surges 14%, hits 52-week high
Indo Count Q4 results: EBITDA and margins witnessed recovery driven by higher contribution from new businesses due to absorption of incubation costs and favourable exchange rate.
Indo Count Inds hits 52-week high after Q4 PAT climbs 15% YoY to Rs 24 cr
Indo Count Industries zoomed 12.11% to Rs 348.95 after the company's consolidated net profit jumped 15.02% to Rs 24.20 crore on 3.43% rise in revenue from operations to Rs 1,057.67 crore in Q4 FY26 compared with Q4 FY25.