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Jefferies Bullish On India's Textile Sector Boom

Brokerage firm Jefferies upgraded Welspun Living to a buy with a target price of Rs 260 and initiated coverage on Raymon...

Jefferies Bullish On India's Textile Sector Boom
Source: Economic Times - Markets

Brokerage firm Jefferies upgraded Welspun Living to a buy with a target price of Rs 260 and initiated coverage on Raymond Lifestyle with a target of Rs 900. The financial institution anticipates that upcoming free trade agreements, China-plus-one sourcing strategies, and enhanced export competitiveness will successfully drive robust multi-year growth across India's expanding textile industry in the near future.

SOURCE: Economic Times - Markets
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