textile sector shares Jaybharat Texti Indo Rama Synth RSWM Sangam India Banswara Syntex Birla Cotsyn Vardhman

Please Note -
1. Currently markets are trading at higher valuations taking into consideration forward earnings so some profit booking in next 3 to 4 months could not be ruled out so in such scenario it is advisable to buy stocks in steps instead of buying in bulk in single day/trade. It is recommended to buy few stocks at current level and if the stock price falls further you can add few more. It is not possible to buy the stocks at exact prices.

2. Due to posting of good financial results, by companies, there are high probabilities that the stock price may go up before mentioned duration periods in following stocks picks but it is recommended to book profits as and when required instead of waiting for mentioned duration period.

Following are good fundamental textile sector related stocks,

Indo Rama Synthetics (India) Ltd
Current Price - Rs 36
Market Capital - Rs 547 crore
Expected Returns - 50 to 60%
Holding Duration - 2 to 3 years

RSWM (Rajasthan Spinning and Weaving Mills)
Current Price - Rs 102
Market Capital - Rs 237 crore
Expected Returns - 50 to 60%
Holding Duration - 2 to 3 years

Sangam (India) Ltd
Current Price - Rs 33
Market Capital - Rs 133 crore
Expected Returns - 50 to 60%
Holding Duration - 2 to 3 years

Bansware Synex Ltd
Current Price - Rs 92
Market Capital - Rs 121 crore
Expected Returns - 50 to 60%
Holding Duration - 2 to 3 years

Dear visitor,

It has been observed that textile sector has not been recovered in year 2009 due to which stocks related to this sector has also not been recovered as expected.

Taking into consideration next 2 to 4 years of trend textile sector is going to recover and this will make the textile companies to increase their revenue, declare more profits and hence this would make the stocks prices of the companies to provide good returns.

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