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HomeFinanceIndia’s textile boom ahead? Why Jefferies is bullish on Welspun, Raymond
Finance1d ago

India’s textile boom ahead? Why Jefferies is bullish on Welspun, Raymond

Economic Times — Markets
Economic Times — Markets✓
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India’s textile boom ahead? Why Jefferies is bullish on Welspun, Raymond

Jefferies upgraded Welspun Living to Buy and more than doubled its target to Rs 260, while initiating coverage on Raymond Lifestyle with a Rs 900 target. The brokerage expects FTAs, China+1 sourcing and improving export competitiveness to drive multi-year growth.

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