The brokerage expects KPR Mill to post around 12 per cent year-on-year (Y-o-Y) revenue growth in FY26, with operating margins also likely to remain broadly unchanged.
JM Financial has set a target price of ₹1,215 per share, implying an upside potential of 21 per cent
Textile stocks traded largely negative, falling up to 4 per cent, after 50 per cent tariffs levied by the US on Indian goods came into effect from August 27, 2025
In the medium to long term India's tariff rate are competitive with other major exporting countries and hence exports order will normalise once tariff effect gets absorbed in the market.