Textile stocks

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Swapna, Oct 3, 2016.

  1. Swapna

    Swapna New Member

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    I see textile stocks like Vardhaman and arrow textiles picking up. Is there a buying opportunity in thsi space for the next few months? Please suggest
     
  2. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    Consider AMBIKA COTTON MILLS LTD. Very strong fundamentals. Target could be 1000+
     
  3. vij

    vij Member

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    Considering cotton prices and cooled of quarters, I dont think its prudent to expect the share price to go up. It's a good company and nice phase to accumulate in sip perhaps.
     
  4. kharb

    kharb Well-Known Member

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    I like and hold Vardhman textiles for long term in my portfolio but if any body want to invest in textiles then only quality textiles stock should be considered ,that too on any corrections.
     
    Last edited: Oct 3, 2016
  5. Farhan Ghumra

    Farhan Ghumra Active Member

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    I am holding arrow textiles for just testing purpose. They declared dividend for the first time recently. It has same promoter as Delta Corp.

    PS: Rakesh Jhunjhunwala is one of major non-promoter shareholder of delta corp.
     
  6. Mukund

    Mukund New Member

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    How is Indo Count Industries at current level? Stock has suffered too much because of Welspun India issue.
     
    krish123 likes this.
  7. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    AMBIKA COTTON has just made a breakout after 1 year consolidation. CMP 850
     
  8. krish123

    krish123 Member

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    it having good fundamental it is buisness of making cotton yarns
     
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