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Textile stocks: What s triggering the joyride to new highs?

There is a hope of recovery for the sector with trade volumes likely to improve in the second half of FY24 as global retailers order their summer and spring 2024 collections, some analysts said.

GHCL completes divestment of home textiles business to lndo Count Industries

Diversified group GHCL has completed the divestment of its home textiles business to lndo Count Industries effective Saturday, after obtaining all relevant regulatory and shareholders approvals.

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