These shares of the textile sector did wonders, jumped up to 27.56 percent in a week


Multibagger Stock Tips: The shares of this sector have been in the news for some time due to some positive announcements made by the Government of India to support the textile sector. Textiles Minister, Piyush Goyal announced that a production-linked incentive scheme for the technical textiles and man-made fiber segment was on the cards, while the government is also working on a mega investment textile park scheme.

According to the Minister of Textiles, the target is to reach 100 billion dollars in textile exports as soon as possible. Currently, Indian textile exports are worth $33 billion. If India is to achieve the export target, it will be a three-fold jump in exports. The Indian government is believed to be in talks with state governments to set up mega textile parks to help businesses acquire land, electricity and other utilities at attractive rates.

All this has also affected the shares of the textile sector. These shares of the textile sector have jumped 27.56 percent in one week alone:-

Kintech Renewables Ltd

  • The one week return of this stock has been 56 percent.

Adinath Textiles Ltd

  • The one week return of this stock has been 39 percent.

Suncity Synthetics Ltd

  • The one week return of this stock has been 18 percent.

Indo Cotspin Ltd

  • The one week return of this stock has been 97 percent.

Raghuvir Synthetics Ltd

  • The one week return of this stock has been 86 percent.

Sree Jayalakshmi Autospin Ltd

  • The one week return of this stock has been 22 percent.

Faze Three Ltd

  • The one week return of this stock has been 12 percent.

Vandana Knitwear Ltd

  • The one week return of this stock has been 02 percent.

York Exports Ltd

  • The one week return of this stock has been 55 percent.

Shubham Polyspin Ltd

  • The one week return of this stock has been 31 percent.

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