These 5 textile stocks showed their strength, grew by 190% in a month

Multibagger Stock: Due to the positive announcements of the Government of India, many stocks related to the textile sector are seen buzzing in the market. Recently Textiles Minister Piyush Goyal announced that a production linked incentive scheme for technical textiles and man-made fiber segment is on the cards while the government is also working on a mega investment textile park scheme. According to the Minister of Textiles, the target is to reach 100 billion dollars in textile exports as soon as possible. Currently, Indian textile exports are worth $33 billion.

The impact of these announcements is also visible on the performance of the textile stock. Several textile stocks have outperformed the markets in the past month, some of which have risen more than double. At least five textile stocks have gained over 100 per cent in the past one month. Know what these five stocks are.

1. Adinath Textiles Ltd. is one of the best performing textile stocks in the past month. The stock has risen 190.7% in a month.
2. After this comes the number of Indo Cotspin Ltd. stock. This stock has gained 187.21% in one month.
3. The stock of York Exports Ltd has gained 179.51% in a month.
4. The stock of Ventura Textiles Ltd has gained 109.92% in one month.
5. Kintech Renewables Ltd share has gained 105.54% in one month.

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