After a long period ,Textile and related sectors are started to catch the attention of market participants. Improvement in exports to western countries due to easing of recessionary pressure and increasing local spending by middle class are the main reason for the improvement of the performance of companies from this sector.Being a low cost producer Indian companies are expected to benefit from the current scenario.Even if the rising cotton prices is a concern ,a re-rating to certain extent in this sector can't be ruled out . One may look into companies like SURYAAMBA SPINNING MILLS(Cmp Rs.71/),SURYAJYOTI SPINNING MILLS LTD(Cmp Rs.39.85/-) and TT LTD(Rs.38.70/) which shows sharp improvement in financials in recent times
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