Arvind, S P Apparels surge up to 13% to 52-week highs on export tailwinds
Indian textile and apparel exporters rallied on improved export outlook from proposed UK/EU FTAs, favourable tariffs, and a global sourcing shift away from China. Arvind hit ₹1,186.05 while S P Apparels jumped up to 13%, with sector targeting a $350 billion market and 22% export CAGR.
Indian textile/apparel stocks Arvind and S P Apparels surged up to 13% to 52-week highs on improved export outlook from proposed UK/EU FTAs, favourable tariffs, and global sourcing shift away from China benefiting Indian exporters.