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Capex boom, global sourcing tailwinds fuel textile stock rally

As reported by Stocks-Markets-Economic Times
Textile exporter stocks witnessed a significant rally on Wednesday, boosted by positive initiation of coverage from Motilal Oswal Financial Services. The brokerage highlighted capacity expansion and supportive policies as key growth catalysts, projecting substantial gains for leading companies. This surge reflects a new investment cycle in the Indian textile sector, with companies focusing on higher-margin segments and value-added products to capitalize on global sourcing trends.
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Indian textile exporter stocks surged Wednesday following positive coverage by Motilal Oswal. The brokerage cited capacity expansion and supportive policies as major growth catalysts, projecting significant gains. This rally signifies a new investment cycle, with companies…

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