Textile stocks to rally? Emkay sees sector at inflection point to regain lost glory, initiates ‘Buy’ call on 3 stocks
India, which has traditionally been a textile powerhouse, is at an inflexion point to regain its lost glory after some recent market share loss, said Emkay Global Financial Services as it initiated coverage on the textile sector with a ‘Buy’ call on the shares of Arvind, Nitin Spinners and Sanathan Textiles. In its report, Emkay…