📰 ET Stocks 🟢 BULLISH 🕒 09 Sep 2026, 01:20 PM IST

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

⚡ Instant Key Takeaways (TL;DR)

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

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Market & Financial Impact: 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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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Jefferies turns bullish on Welspun Living and Raymond Lifestyle as textile exports gain momentum.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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

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