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Will PLI and China+1 help in weaving profitability? 4 stocks from textile sector with upside scope of up to 30%
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Will textile companies which came into focus post Covid be able to take the full advantage of the PLI scheme and stay on path of consistent and above-average profitability or it will be just another phase, analysts are more positive than they have been in the past. Some of the initial outperformers in the stock market rally which started after covid outbreak, were from the textile sector.
The narrative was China plus one. With a number of
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