The textile industry is one of the biggest industries in India, contributing about 2% of the country’s GDP and providing employment to millions of people. The industry is also one of the most export-oriented sectors in India, with exports worth over $40 billion in 2022.
The following are the top 10 textile stocks in India, based on their market capitalization as of March 8, 2023:
Welspun India Limited (WEL): Welspun is a leading manufacturer of home textiles, yarns, and fabrics. The company has a strong presence in the domestic market as well as in export markets.
Trident Limited (TRENT): Trident is a leading manufacturer of yarns, fabrics, and home textiles. The company has a wide range of products that are sold under the brand names Trident, Spintex, and Grasim.
Lux Industries Limited (LUX): Lux is a leading manufacturer of fabrics, garments, and home textiles. The company has a strong presence in the domestic market and is also a major exporter.
Garware Technical Fibres Limited (GTFL): GTFL is a leading manufacturer of technical textiles. The company’s products are used in a variety of industries, including automotive, construction, and defense.
Raymond Limited (RAYMOND): Raymond is a leading manufacturer of branded apparel and fabrics. The company has a strong presence in the domestic market and is also a major exporter.
Vardhman Textiles Limited (VARD): Vardhman is a leading manufacturer of yarns, fabrics, and garments. The company has a strong presence in the domestic market and is also a major exporter.
KPR Mill Limited (KPR): KPR is a leading manufacturer of yarns, fabrics, and garments. The company has a strong presence in the domestic market and is also a major exporter.
Siyaram Silk Mills Limited (SILK): Siyaram is a leading manufacturer of silk fabrics and garments. The company has a strong presence in the domestic market and is also a major exporter.
Aditya Birla Fashion and Retail Limited (ABFRL): ABFRL is a leading retailer of apparel and home textiles. The company’s brands include Louis Philippe, Van Heusen, Allen Solly, and Peter England.
These are just some of the top textile stocks in India. When choosing stocks to invest in, it is important to do your own research and consider your investment goals.
I hope this article has been helpful. Thank you for reading!
