Economic TimesLean R·
Nuvama initiates coverage on KPR Mill and 2 other textile stocks, sees up to 35% upside. Here's why
Nuvama Institutional Equities has initiated coverage on three key Indian textile players, KPR Mill, Indo Count Industries, and Sanathan Textiles, citing the ongoing shift in global sourcing away from China. The brokerage has assigned 'Buy' ratings to all three stocks, with upside potential of up to 35%.According to Nuvama's thematic report titled ‘Textiles – The Loom Turns Toward India’, the brokerage highlighted that the global textile market, which is currently valued at around $1.6 trillion,…
Read at Economic Times →
