Donear Industries

Analysts believe, the textile space witnessed a healthy consolidation in past couple of years and is now resuming the upward momentum.

Companies started their journey by manufacturing reusable masks and Personal Protective Equipment (PPE) kits, and today, they are offering a range of PPE clothing along with fashion and casual wear

This is the 2nd major acquisition by Donear Group after it acquired Grasim Bhiwani Textiles from Aditya Birla Group

The stock of textiles company hit a 52-week high of Rs 46.30, rallied 58% in past one-week from Rs 29.25.