Motilal Oswal initiates coverage on 8 textile stocks; sees up to 39% upside led by Gokaldas, Arvind
Brokerage backs India's sourcing-hub thesis amid tariff realignment and global demand recovery. Buy on Gokaldas (TP Rs 1,110, 36% upside), Arvind (TP Rs 670, 30%), Indo Count, Pearl Global, Welspun Living. Neutral on Vardhman, KPR Mill, Trident. Gokaldas pegged for 18% revenue, 33% Ebitda, 73% APAT CAGR over FY26-28.
Motilal Oswal initiates coverage on eight Indian textile stocks, citing improving global demand, tariff realignment and India's emergence as a sourcing hub. Buy ratings on Gokaldas, Indo Count, Arvind, Pearl Global, Welspun Living; Neutral on Vardhman, KPR, Trident.