Textile Sector:
The textile sector is set for an exciting ride in the next 1-2 years. Here are 10 stocks with strong fundamentals that you should watch:
1. Arvind Ltd (Current Price: ₹372.70)
Highlights: P/E: 29.11, ROCE: 13.08%, Promoter Holding: 39.61%
2. Grasim Industries (Current Price: ₹2743.00)
Highlights: P/E: 30.83, ROCE: 9.38%, Promoter Holding: 43.06%
3. Sarla Performance Fibers (Sarlapoly) (Current Price: ₹102.50)
Highlights: P/E: 26.18, ROCE: 9.51%, Promoter Holding: 56.67%
4. Donear Industries (Current Price: ₹127.23)
Highlights: P/E: 19.06, ROCE: 14.57%, Promoter Holding: 74.56%
5. Bombay Dyeing (Current Price: ₹205.76)
Highlights: Promoter Holding: 53.58%
6. Ashima (Current Price: ₹43.25)
Highlights: P/E: 8.60, ROCE: 19.19%, Promoter Holding: 73.49%
7. AYM Syntex (Current Price: ₹114.32)
Highlights: P/E: 68.80, ROCE: 6.92%, Promoter Holding: 73.40%
8. Vardhman Textiles (Current Price: ₹521.55)
Highlights: P/E: 23.88, ROCE: 8.80%, Promoter Holding: 64.19%
9. Garware Technical Fibres (Current Price: ₹3752.10)
Highlights: P/E: 35.78, ROCE: 23.05%, Promoter Holding: 53.00%
10. Go Fashion (India) Ltd (Current Price: ₹1044.60)
Highlights: P/E: 68.91, ROCE: 15.66%, Promoter Holding: 52.78%
🔍 Why the Textile Sector?
- Growth Potential: The textile industry is expected to grow significantly in both domestic and export markets.
- Government Support: Policies supporting textile parks, technical textiles, and sustainability practices are boosting the sector.
- Strategic Position: India is a major textile producer and exporter, providing a competitive edge.
📈 Invest Wisely
These companies are financially strong and well-managed. Do your research and consider adding them to your portfolio to benefit from the growth of the textile sector.
https://t.me/wealthindia_stockmarket
The textile sector is set for an exciting ride in the next 1-2 years. Here are 10 stocks with strong fundamentals that you should watch:
1. Arvind Ltd (Current Price: ₹372.70)
Highlights: P/E: 29.11, ROCE: 13.08%, Promoter Holding: 39.61%
2. Grasim Industries (Current Price: ₹2743.00)
Highlights: P/E: 30.83, ROCE: 9.38%, Promoter Holding: 43.06%
3. Sarla Performance Fibers (Sarlapoly) (Current Price: ₹102.50)
Highlights: P/E: 26.18, ROCE: 9.51%, Promoter Holding: 56.67%
4. Donear Industries (Current Price: ₹127.23)
Highlights: P/E: 19.06, ROCE: 14.57%, Promoter Holding: 74.56%
5. Bombay Dyeing (Current Price: ₹205.76)
Highlights: Promoter Holding: 53.58%
6. Ashima (Current Price: ₹43.25)
Highlights: P/E: 8.60, ROCE: 19.19%, Promoter Holding: 73.49%
7. AYM Syntex (Current Price: ₹114.32)
Highlights: P/E: 68.80, ROCE: 6.92%, Promoter Holding: 73.40%
8. Vardhman Textiles (Current Price: ₹521.55)
Highlights: P/E: 23.88, ROCE: 8.80%, Promoter Holding: 64.19%
9. Garware Technical Fibres (Current Price: ₹3752.10)
Highlights: P/E: 35.78, ROCE: 23.05%, Promoter Holding: 53.00%
10. Go Fashion (India) Ltd (Current Price: ₹1044.60)
Highlights: P/E: 68.91, ROCE: 15.66%, Promoter Holding: 52.78%
🔍 Why the Textile Sector?
- Growth Potential: The textile industry is expected to grow significantly in both domestic and export markets.
- Government Support: Policies supporting textile parks, technical textiles, and sustainability practices are boosting the sector.
- Strategic Position: India is a major textile producer and exporter, providing a competitive edge.
📈 Invest Wisely
These companies are financially strong and well-managed. Do your research and consider adding them to your portfolio to benefit from the growth of the textile sector.
https://t.me/wealthindia_stockmarket