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Indias textile boom ahead? Why Jefferies is bullish on Welspun, Raymond

Jefferies upgraded Welspun Living to Buy and more than doubled its target to Rs 260, while initiating coverage on Raymond Lifestyle with a Rs 900 target. The brokerage expects FTAs, China+1 sourcing and improving export competitiveness to drive multi-year growth.

9 Sep 2026 1:20 pm