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.
Stocks to buy: JSW Steel's outlook remains constructive, supported by capacity ramp-ups, resilient domestic steel demand and a rising share of value-added products.
Stocks to buy today: On the weekly chart, PGIL has given a breakout from a Pole & Flag pattern, supported by higher trading volumes, indicating strong buying interest.
Pearl Global announced the commissioning of its new manufacturing facility in Bangladesh with an annual capacity of 7 million garment pieces.
Kunal Kamble, technical research analyst at Bonanza decodes technical charts of Ambika Cotton Mills, Ather Industries and Pearl Global Industries to explain why he is bullish on these 3 stocks.
The move is expected to offer much-needed relief to the textile industry, with investors betting that the duty suspension will ease input cost pressures for manufacturers