At close, the Sensex was up 329.06 points or 0.40 percent at 81,635.91, and the Nifty was up 97.65 points or 0.39 percent at 24,967.75. About 1830 shares advanced, 2169 shares declined, and 178 shares unchanged.
Vietnam holds a 19 percent share in the U.S. ready-made garment market, while Bangladesh holds for 9 percent and India follows with 6 percent.
Sharekhan is bullish on Gokaldas Exports has recommended buy rating on the stock with a target price of Rs 1140 in its research report dated May 23, 2025.
Sharekhan is bullish on Gokaldas Exports has recommended buy rating on the stock with a target price of Rs 1140 in its research report dated May 23, 2025.
Rangebound trading is expected to continue in the upcoming sessions. Below are some short-term trading ideas to consider.
Stocks of textile majors including Vardhman Textiles, Welspun Living, Arvind, and Raymond Lifestyles among others gained ground and closed in positive territory. While Welspun Living gained nearly 12 percent, Raymond Lifestyle was up more than six percent on Wednesday.
Stocks to Watch, 23 Apr: Stocks like Mahindra & Mahindra Financial Services, Tata Communications, Waaree Energies, AU Small Finance Bank, Huhtamaki India, Delta Corp, 360 ONE WAM, Power Finance Corporation, Varun Beverages, Gokaldas Exports, and Ambuja Cements will be in focus on April 23.
Sharekhan recommended Hold rating on Gokaldas Exports with a target price of Rs 340 in its research report dated November 13, 2024.
Sharekhan is bullish on Gokaldas Exports has recommended buy rating on the stock with a target price of Rs 1140 in its research report dated November 13, 2024.
Having spoken to some of textile players based out of Bangladesh, Gokaldas Exports MD said most of the factories there have resumed operations but the whole country is 'not out of the woods yet'.
Sharekhan is bullish on Gokaldas Exports has recommended buy rating on the stock with a target price of Rs 949 in its research report dated August 08, 2024.
In the first tranche, Gokaldas Exports will subscribe to OCDs worth Rs 50 crore, while the remaining OCDs worth up to Rs 300 crore will be subscribed in multiple tranches, depending on the funding requirement.
Sharekhan is bullish on Gokaldas Exports has recommended buy rating on the stock with a target price of Rs 1045 in its research report dated May 28, 2024.