Textile, apparel stocks in focus; Page Ind, TCNS Clothing surge up to 14%

The demand from the home textile industry is expected to remain supportive in the near-to-medium term

Shares of textiles, readymade garments and apparel companies were trading actively on Wednesday on expectation of higher demand going forward.

Individually, Page Industries, TCNS Clothing Company, Himatsingka Seide, Gokaldas Exports, Dollar Industries, Bombay Dyeing and Manufacturing, Arvind Fashions, Siyaram Silk Mills, and Monte Carlo Fashions from these segments were up between 5 per cent and 14 per cent on the BSE. In comparison, the S&P BSE Sensex was up 0.78 per cent at 46,623 points at 01:49 pm.

According to experts, demand from the home textile industry is expected to remain supportive in the near-to-medium term. The home textile industry, they say,