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Textile stocks Arvind, S P Apparels surge up to 13%; log 52-week highs
The proposed UK and EU free trade agreements (FTAs) are expected to improve the competitiveness of Indian textile export, believe analysts.
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.
Alkali Metals Ltd leads gainers in 'B' group
NIIT Ltd, Lorenzini Apparels Ltd, Deep Polymers Ltd and Rubicon Research Ltd are among the other gainers in the BSE's 'B' group today, 01 June 2026.
S P Apparels consolidated net profit declines 39.23% in the March 2026 quarter
Sales decline 8.59% to Rs 364.91 crore
Lorenzini Apparels Ltd leads losers in 'B' group
SEPC Ltd, Archidply Decor Ltd, Panorama Studios International Ltd and MRC Agrotech Ltd are among the other losers in the BSE's 'B' group today, 13 March 2026.
SP Apparels: Beating tariff headwinds to stay strong
The garment exporter delivered while the entire sector grappled with the US tariff impact
SP Apparels is positioned for the next phase of growth
Sri Lanka ramp-up, improving US demand, and FTA tailwinds are the main growth triggers