These textile stocks performed well last week, gave returns of up to 30 percent
Multibagger Stock: The shares of this sector have been in the news for some time due to some positive announcements by the Government of India supporting the textile sector. Since then many stocks have performed well. However, the next week may be a challenging one for the textile sector stocks as there is speculation about increase in GST on garments. If these speculations prove to be true, then there may be a slowdown in the textile sector. In the past week, many textile stocks outperformed the exchanges. Know about some such stocks which have performed well in the last week.
- At the top of this list is Prakash Woollen & Synthetic Mills Ltd. (Prakash Woollen & Synthetic Mills Ltd). This stock has given a return of 29.43% in the last week.
- Binayak Tex Processors Ltd. has also performed well last week and has given returns of 27.61% to its investors.
- Lakshmi Automatic Loom Works Ltd Stock also managed to give 27.61% return last week.
- Subhash Silk Mills Ltd stock has given 27.5% return in one week.
- Hisar Spinning Mills Ltd stock made a substantial profit to its shareholders by giving 27.35% return last week.
Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)
Read also:
Multibagger Stock Tips: If you had invested Rs 1 lakh in this stock 6 months ago, you would have got Rs 3.09 lakh today
Useful thing: If the checks of these banks are not changed yet, then there may be trouble, know how to exchange
.
