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Top News In Welspun Group On Today - Breaking & Trending Today

Welspun targets $10-billion market capitalisation in 2 Years

The Welspun Group has interests in textiles, line pipes, flooring solutions, warehousing, roads, and oil and gas, and is laying out an expansion strategy for each of its businesses. The group is focusing on four major segments with an aim to build a robust business in each segment. ....

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stock market strategy: We are using market fall to add to 3 themes we always wanted: Daljeet Singh Kohli

Daljeet Singh Kohli, Head of Strategy & Research at Vasuki India Fund, believes that the recent market correction provides an opportunity to buy stocks at cheaper prices. He suggests looking at sectors such as agrochemicals, autos and auto ancillaries, metals, and consumption companies. Kohli also mentions that IT stocks, although facing some delays, are still worth considering for long-term investing. Additionally, he highlights the potential growth in export textiles, particularly home textile companies. ....

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India: Welspun Living Q2 Results: Profit surges on higher demand for home linens

The company s consolidated net profit rose to 1.97 billion rupees ($23.6 million) from 86.7 million rupees in the corresponding quarter a year ago, the home textile maker said in an exchange filing. ....

Kashish Tandon , Anisha Ajith , Welspun Living , Health Care , Higher Demand , Profit Surge , Home Linens ,

Transhipment hubs, green shipping on government priority list: TK Ramachandran, secretary , ministry of ports, shipping and waterways

The Indian government has identified the establishment of a transhipment port at Galathea Bay and a mega port at Vadhavan as priority areas for the ministry of ports, shipping, and waterways. The government also aims to increase cargo transportation on inland waterways and coastal shipping. Additionally, plans for green shipping include technological advancements, availability of green fuels, infrastructure at ports, legal frameworks, and funding. ....

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welspun: Weaving profitability in new global order: 4 stocks from textile sector with an upside potential of up to 45 %

There are sectors which under perform for years and then they come back to focus. Thanks to the fact that the textile industry was completely dominated by China and other countries, the Indian textile industry has been in bad shape for decades. However, post covid, partially due to China Plus one narrative. Secondly due to the fact that the government has been focusing on manufacturing, textile stocks have come into focus. This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum. ....

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