Top Textile Stocks Soar Up To 10% Intraday, Gain Up To 590% In 3-Yrs

Shares of several leading textile stocks witnessed a surge of nearly 10% today as the industry is on the road of recovery and management remain upbeat about the future prospects. Stock of apparels and garments soared intraday too.

The stocks not only soared sharply but registered spurt in volume too. Leading stocks such as Vardhman Textiles shares, Nitin Spinners shares, RSMW shares, Nahar Spinning Mills stock, Donear Industries shares, and Ambika Cotton gained up to 14% in trade today. Below are top 5 textiles stocks that witnessed sharp rally today:

1. Vardhman Textiles shares Gains: Vardhman Textiles stock surged 9.07% intraday today to 419.15 per share. Vardhman Textiles shares BSE gained 29% YTD, soared 27% in last 1-year, and offered return of 152% in last 1-year.

2. Nitin Spinners Stock Jumps: Nitin Spinners shares surged 9.07% intraday to close at Rs 345.90 per share. Nitin Spinners shares BSE surged 89% in last 1-year and rose 590% in last 3-years. Nitin Spinners shares recorded a spur in volume by more than 10.05 times.

3. RSMW Shares Rally: RSMW stock soared 9.43% intraday to close at 16.50 per share. RSMW shares declined 34% in last 1-year and offered return of 114% in last 3-years. RSMW has a market capitalisation of Rs 897.29 crore.

4. Donear Industries Shares Rise: Donear Industries stock gained 9.65% intraday today to close at Rs 105.32%. Donear Industries shares BSE soared 71% in last 1-year and offered 310% return in last 3-years.

5. Ambika Cotton Mills Shares Gain: Ambika Cotton Mills stock surged nearly 4.97% intraday today. The company has a market cap of Rs 940.79 crore. In last 1-year, Ambika Cotton Mills shares soared 9%, fell 14% in last 2-years, and gave return of 128%.