TT, Jindal Worldwide, Gini Filaments, Lux Ind up over 20% in two days

Shares of select textiles including hosiery companies have rallied by up to 20%, extending its previous day’s rally on mutual funds and high networth individual have bought the stake via open market.

In past two trading sessions, the market price of Jindal Worldwide and TT have rallied more than 33%, while Ginni Filaments, Lux Industries and Lovable Lingerie were up between 20% and 27%.

Ginni Filaments soared 20% to Rs 59.20 in intra-day trade, extending its previous day’s 7.5% gain on BSE, after Porinju Veliyath’s company Equity Intelligence India picked up 368,917 shares of the company on Tuesday