Textiles Sector

Buy TCNS Clothing Ltd For Target Rs.540 - ICICI Di..

Profits back in black… Driven by festive season demand, TCNS Clothing reported strong QoQ growth with revenue recovery rate reaching 72% in Q3FY21 vs. 45% in Q..

Trident Ltd : Paper biz. to also drive growth here..

Paper biz. to also drive growth hereafter! Trident (TRID)’s Paper segment, which contributed 20%/55% to FY20 revenue/EBIT, is expected to post a better performa..

Neutral Page Industries Ltd For Target Rs.28,800 -..

Athleisure, festive demand drive sales beat * Page Industries (PAG) reported double-digit topline growth in 3QFY21, led by healthy festive demand, continued strong de..

Momentum Pick - Buy Bombay Dyeing For Target Rs. 8..

Momentum Pick - Buy Bombay Dyeing For Target Rs. 80 - HDFC Securities After showing a minor declines/sideways consolidation, the stock price has shifted into an ..

Stock Picks - Filatex India For Target Of Rs. 75...

Technical Observations * The stock has generated a resolute breakout above the falling channel containing the corrective decline of the last five weeks signalling stre..

Hold Page Industries Ltd For Target Rs. 28,000 - E..

Strong quarter; upsides priced in * Q3FY21 operating performance beat our/Street estimates by 20%. Revenue grew strongly at 17% YoY (4-7% ahead of our/Street estimates..

Add Page Industries Ltd For Target Rs.33,920 - Yes..

Strong beat led by growth recovery coupled with opex controls; reiterate ADD Page Industries delivered a significant earnings beatled by strong growth in athleisure a..

Stock Picks - Buy Arvind Ltd For Target Of Rs. 63 ..

Technical Observations * The stock in the last four months is seen trading in a rising channel signalling sustained demand at elevated levels. It has recently rebounde..

Bombay Dyeing posts Q3 net loss of Rs 82.40 cr

The company reported standalone net loss during the quarter stood at Rs 82.40 crore compared to net profit of Rs 162.93 crore in the previous year quarter. Net reve..

Update On Aditya Birla Fashion and Retail Ltd By Y..

Growth prospects and balance sheet strong but capital allocation and margin concerns remain * View – We would rate this as a mixed performance with the po..

Hold Kewal Kiran Clothing Ltd For Target Rs.960 - ..

Revenue recovery driven by higher online sales… From ~93% decline in revenue in Q1FY21, the company witnessed a sharp recovery in sales with de-growth being re..

Sutlej Textiles & Industries Ltd Q3 net profit dow..

The company reported standalone net profit of Rs 13.92 crore for the quarter ended December 31, 2020 as compared to Rs 19.55 crore in the same period last year, registeri..