All-round gains

INVESTING INSIGHT

The stocks of companies engaged in the textiles business have soared in the last three months from September to January on the Bombay Stock Exchange (BSE) as the end of the Multi Fibre Agreement was expected to help Indian producers.

Arunoday Mills shares rose from Rs 3.99 on September 1, to today's close of Rs 13.30, up 233.33 per cent on the BSE.

Bhilwara Spinners gained from Rs 5.90 to Rs 13.82, up by 134.23 per cent, and Ashima from Rs 15.50 to Rs 29.60 up by 90.96 per cent.

Bombay Dyeing rose from Rs 161.19 to Rs 206.95, up 28.38 per cent and Gangotri Textiles from Rs 74.95 to Rs 101.50, up by 35.42 per cent.

Cheslind Textiles firmed up from Rs 23.05 to Rs 29.85 and Emtex Industries from Rs 3.48 to Rs 3.87.

Eurotex Industries and Exports strengthened from Rs 31.60 to Rs 44.75 and Ginni Filaments from Rs 14 to Rs 28.85.

GTN Textiles moved up from Rs 50.45 to Rs 68 and Hanjer Fibres from Rs 2.60 to Rs 6.27. Hindoostan Spinning rose from Rs 21.90 to Rs 40.10 and JCT from Rs 5.27 to Rs 9.77.

Indo Count Industries increased from Rs 12.01 to Rs 18.89 and Mafatlal Industries Rs 18.80 to Rs 30.10. Lakshmi Mills shot up from Rs 430.70 to Rs 648.85.