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Textile stocks slide: Gokex, Welspun, Indo Count tumble; expert shares strategy for export-oriented plays
Shares of textile exporters Gokaldas Exports Ltd (Gokex), Welspun Living Ltd (formerly Welspun India Ltd) and Indo Count Industries Ltd witnessed a sharp correction on Tuesday. Gokex declined the most ...
Indo Count Industries Ltd - Announcement under Regulation 30 (LODR)-Change in Directorate ...
Shares of Indo Count Industries were flat at Rs 307.15 after hitting an intraday low of Rs 295.05. Gokaldas Exports fell 2.8 ...
Indo Count Industries is down nearly 47 percent from its all-time high, while Gokaldas Exports has declined about 54 percent. Welspun India is trading around 43 percent below its peak, while ...
In the home textiles sector, battered by US tariff uncertainty and delayed free trade agreements, Indo Count Industries and Welspun Living have surged ahead of peers. Over the past one year, the duo ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for ...
In an interaction with Business Today, Sudip Bandyopadhyay, Group Chairman of Inditrade Capital, said the correction was not entirely unexpected. "These stocks had run up quite a bit. So, some amount ...
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IT rout drags Indian markets; sector on track for worst month in 23 years on AI fears Indian equity benchmarks tumbled on Tuesday, dragged by information technology stocks which are on course for ...
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