GK and monthly revision

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

Motilal Oswal has begun coverage on eight textile companies, indicating a bullish outlook particularly for Gokaldas Exports, Indo Count, Arvind Fashions, Pearl Global, and Welspun Living. This initiative is driven by anticipated improvements in global demand, favorable trade agreements, and shifts in supply chains, which are expected to bolster India's textile sector recovery and enhance long-term export growth. This development is significant as it highlights the potential for economic recovery in a key sector.