Indian textile players continue to see a broadly improving demand environment, with export markets showing healthy order momentum and retailers increasingly shifting sourcing towards India.
The proposed UK and EU free trade agreements (FTAs) are expected to improve the competitiveness of Indian textile export, believe analysts.
Brokerage firm Motilal Oswal Financial Services initiated coverage on 8 companies across apparel and home textiles, with Gokaldas Exports, Arvind, and Indo Count Industries as high-conviction picks.
Textile stocks in focus: The British High commissioner cleared the India-UK Free Trade Agreement, and will come into force from July 15, 2026, say reports.
Indo Count Q4 results: EBITDA and margins witnessed recovery driven by higher contribution from new businesses due to absorption of incubation costs and favourable exchange rate.