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Textile Penny Stocks in India

Penny stocks have intrigued investors for a long time. Those looking to strike gold in the stock market often elect to go the penny stocks way.

Among various industries, the textile sector has emerged as an attractive avenue for those seeking potential growth opportunities.

Textile companies include manufacturers of fabrics, clothing, and related products, with varying degrees of market presence and operational stability.

The sector’s volatility has kept the companies in check as majority of textile players export their products to US and European markets. So if at all there’s a chance of recession anytime, demand gets severely hit.

There’s also the factor about cotton prices.

Combine these factors with the volatility of penny stocks and the outcome would be very hard to guess.

Here are the top penny stocks from the textile space. These companies are trading at less than Rs 100 per share.

It’s important to do your due diligence before investing and consider only the fundamentally strong stocks as the sector is cyclical in nature.

Dolly Khanna's Big Bet on These 2 Stocks: What Investors Should Know

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Dolly Khanna has increased her stake in these two companies. Do you own them?

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May 20, 2023

These textile stocks are trading at mouth-watering valuations. But is the risk reward set up in investors' favor?

Why TCNS Clothing Share Price is Falling

May 8, 2023

TCNS Clothing share price crashes 19% in a day, the biggest single-day drop since its IPO. Here's why.

Vijay Kedia and Sunil Singhania Increase Stake in this Smallcap Textile Stock

Apr 29, 2023

Two ace investors pick additional stake in this smallcap textile company. What's brewing?

Why Page Industries Share Price is Falling

Jan 2, 2023

Here's why shares of the company have fallen over 9% in a month.

Why Did Dolly Khanna Increase Stake in this Leading Branded Apparel Smallcap Stock?

Nov 14, 2022

The ace investor picked additional stake in this textile company, which is also a beneficiary of government's PLI scheme.

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Top 4 Multibagger Textile Stocks to Add to Your Watchlist

Feb 11, 2022

These companies could be the biggest beneficiaries of a major turnaround in the Indian textile industry.

Are Textile Stocks Stitching a Revival?

Jul 28, 2021

Is the textile sector a structural or cyclical buy?

Veteran Fund Manager Picks Stake in Smallcap Textile Company. Stock Zooms 20%

Jun 15, 2023

Find out why this fund manager turned bullish on the largest producer of PV dyed yarn in Asia.

Smallcap Textile Company Sets Record Date for Buyback. Participate or Not?

May 9, 2023

This textile company's share price zooms 20% in five days after announcing share buyback. More details inside...

Why Axita Cotton Share Price is Falling

May 5, 2023

After delivering multibagger returns of 400% in a year, the stock slipped 54% in five days. Here's why.

Why Trident Share Price is Falling

Mar 22, 2023

Textile companies have grabbed market share from China in the export market. But Trident has fell short of expectations and hasn't lived up to the hype.

Why Textile Stocks Will Make a Strong Comeback in 2023

Dec 30, 2022

Find out what 2023 has in store and how the traditional investing approach may not work.

5 Ways a Weaker Indian Rupee Benefits You...and Hurts You

Sep 29, 2022

A falling rupee doesn't mean you need to suffer in silence. There are ways to profit from it too.

The Megatrends I Like the Most... And Stocks that are Riding Them

Sep 13, 2022

A lot of print space and prime time is wasted on predicting macros and cycles and taking cues from it to pick stocks. This is a complicated exercise that no one has been consistently good at.

This Small-cap Textile Stock Hits a Record High After Vijay Kedia Buys Stake. Here's why it Could Rally More...

Feb 7, 2022

China plus one strategy, the GST council's move to defer the rate hike, rising consumption, and other reasons have sent textile stocks soaring.