The table below shows the textile stocks with high ROCE based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price | ROCE % |
KPR Mill Ltd | 30030.07 | 891.5 | 23.33 |
Vedant Fashions Ltd | 26573.05 | 1120.45 | 33.52 |
Swan Energy Ltd | 23031.24 | 723.15 | 10.49 |
Trident Ltd | 19217.85 | 40.78 | 10.81 |
Welspun Living Ltd | 18222.96 | 185.56 | 19.12 |
Indo Count Industries Ltd | 8281.64 | 399.8 | 21.78 |
Garware Technical Fibres Ltd | 7765.27 | 3885.35 | 27.2 |
Jindal Worldwide Ltd | 7586.69 | 378.9 | 16.19 |
PDS Limited | 7554.68 | 562.35 | 25.8 |
Arvind Fashions Ltd | 6528.21 | 505.65 | 18.57 |
Content:
- What Are The Textile Stocks with High ROCE?
- Features Of Textile Stocks with High ROCE
- Best Textile Stocks with High ROCE
- Top Textile Stocks with High ROCE in India
- Factors To Consider When Investing In Textile Stocks with High ROCE
- How To Invest In Textile Stocks with High ROCE?
- Advantages Of Investing In Textile Stocks with High ROCE
- Risks Of Investing In Textile Stocks with High ROCE
- Introduction to Textile Stocks with High ROCE
- Top Textile Stocks with High ROCE – FAQs
- Top Textile Stocks with High ROCE – FAQs
What Are The Textile Stocks with High ROCE?
Textile stocks with high ROCE (Return on Capital Employed) refer to shares of companies in the textile industry that efficiently utilize their capital to generate profits. These companies are involved in the production, processing, and distribution of fabrics, garments, and related products. High ROCE indicates robust financial health and efficient management, often resulting in enhanced investor confidence and potential stock appreciation.
Features Of Textile Stocks with High ROCE
The features of textile stocks with high ROCE are notable for several reasons. Firstly, these companies demonstrate excellent capital management, ensuring that every dollar invested in the business generates significant returns.
- Strong Brand Presence: Companies with high ROCE often have well-established brands that command loyalty and higher pricing power.
- Diversified Product Portfolio: A wide range of products helps in mitigating risks associated with market fluctuations and changing consumer preferences.
- Efficient Supply Chain Management: Effective supply chains reduce costs and improve profitability, contributing to a higher ROCE.
- Innovation and Technology Adoption: Investment in advanced technologies and innovative practices leads to increased productivity and cost savings.
- Robust Market Expansion Strategies: Companies with aggressive but strategic market expansion plans tend to capture larger market shares, driving higher returns on capital employed.
Best Textile Stocks with High ROCE
The table below shows the best textile stocks with high roce based on the highest day Volume.
Name | Close Price | Daily Volume (Shares) |
Trident Ltd | 40.78 | 113592329.0 |
Welspun Living Ltd | 185.56 | 3122897.0 |
Arvind Fashions Ltd | 505.65 | 1615969.0 |
Swan Energy Ltd | 723.15 | 835558.0 |
Indo Count Industries Ltd | 399.8 | 588404.0 |
PDS Limited | 562.35 | 371395.0 |
Jindal Worldwide Ltd | 378.9 | 311176.0 |
Vedant Fashions Ltd | 1120.45 | 309875.0 |
KPR Mill Ltd | 891.5 | 113645.0 |
Garware Technical Fibres Ltd | 3885.35 | 5449.0 |
Top Textile Stocks with High ROCE in India
The table below shows the top textile stocks with high roce in India based on 1 Year Return.
Name | Close Price | 1Y Return % |
Swan Energy Ltd | 723.15 | 229.6 |
Indo Count Industries Ltd | 399.8 | 80.95 |
PDS Limited | 562.35 | 73.16 |
Welspun Living Ltd | 185.56 | 69.23 |
Arvind Fashions Ltd | 505.65 | 55.3 |
KPR Mill Ltd | 891.5 | 39.26 |
Trident Ltd | 40.78 | 26.65 |
Garware Technical Fibres Ltd | 3885.35 | 22.46 |
Jindal Worldwide Ltd | 378.9 | 22.4 |
Vedant Fashions Ltd | 1120.45 | -11.48 |
Factors To Consider When Investing In Textile Stocks with High ROCE
The factors to consider when investing in textile stocks with high ROCE include understanding the industry’s cyclical nature which affects profitability and growth potential.
- Market Demand: Assessing current and future demand for textile products helps gauge potential revenue growth.
- Cost Efficiency: Companies with low production costs often have higher ROCE, indicating efficient use of capital.
- Innovation: Firms investing in new technologies and sustainable practices may have a competitive edge.
- Management Quality: Experienced management can drive better performance and strategic decisions.
- Debt Levels: High debt can impact returns, so analyzing a company’s debt-to-equity ratio is crucial.
How To Invest In Textile Stocks with High ROCE?
To invest in Textile Stocks with a high Return on Capital Employed (ROCE), it is important to research companies with strong financials, innovative practices, and efficient operations. Evaluate their market position and growth potential, and remember to diversify your portfolio to mitigate risks. For more information and assistance, you can visit Alice Blue.
Advantages Of Investing In Textile Stocks with High ROCE
The primary advantage of investing in textile stocks with high ROCE is the potential for strong returns due to efficient capital use and profitable operations.
- Profitability: Companies with high ROCE typically generate higher profits from their investments.
- Growth Potential: High ROCE indicates efficient reinvestment, leading to sustained growth.
- Market Leadership: These companies often have a competitive edge in the market.
- Resilience: High ROCE firms may better withstand economic downturns.
- Shareholder Value: Increased profitability often translates to higher dividends and share prices.
Risks Of Investing In Textile Stocks with High ROCE
The main risk of investing in textile stocks with high ROCE is market volatility, which can significantly impact stock prices and returns.
- Economic Cycles: Textile industry performance is closely tied to economic conditions, causing fluctuations.
- Raw Material Costs: Price volatility of raw materials can affect profit margins.
- Competition: Intense competition may erode market share and profitability.
- Regulatory Changes: New regulations can increase costs and impact operations.
- Consumer Trends: Shifts in consumer preferences can reduce demand for certain textile products.
Introduction to Textile Stocks with High ROCE
KPR Mill Ltd
The Market Cap of KPR Mill Ltd is Rs. 30,030.07 crore. The stock’s monthly return is -1.26%. Its one-year return is 39.26%. The stock is 4.77% away from its 52-week high.
K.P.R. Mill Limited is a company that is involved in the production of apparel through a vertically integrated approach. The company manufactures and sells various products such as yarn, knitted fabric, readymade garments, and wind power. It operates in segments including Textile, Sugar, and Others.
In addition, the company specializes in unique yarn varieties such as colour melange, slub yarn, injection slub, and others. K.P.R. Mill Limited offers a variety of fabric products including single jersey, interlock, rib knits, fleece, and pique polo. They also provide garments for men, women, and children made from different types of cotton.
Vedant Fashions Ltd
The Market Cap of Vedant Fashions Ltd is Rs. 26,573.05 crores. The stock’s monthly return is 3.92%. Its one-year return is -11.48%. The stock is 32.79% away from its 52-week high.
Vedant Fashions Limited, headquartered in India, is mainly involved in the manufacturing, trading, and sale of ready-to-wear traditional clothing for men, women, and children in India.
They market their products under various brand names, including Manyavar, Mohey, Mebaz, Twamev, and Manthan. The company specializes in Indian wedding and festive attire for all genders and age groups.
Swan Energy Ltd
The Market Cap of Swan Energy Ltd is Rs. 23,031.24 crore. The stock’s monthly return is 24.97%. Its one-year return is 229.60%. The stock is 8.17% away from its 52-week high.
Swan Energy Limited is an Indian company involved in various sectors, including textiles, real estate, energy, and petrochemicals. The company operates in segments such as Textile, Energy, Construction/Others, Distribution & Development, Warehousing, Manufacturing, and Power Generation.
The company has diverse business verticals, including Oil & Gas, Petrochemical Manufacturing & Trading, Textiles, and Realty. Currently, the company is working on a project to establish a greenfield liquefied natural gas (LNG) port. This project involves building LNG port facilities that will utilize a Floating Storage and Regasification Unit (FSRU) for LNG reception, storage, regasification, and distribution.
Trident Ltd
The Market Cap of Trident Ltd is Rs. 19,217.85 crores. The stock’s monthly return is -0.39%. Its one-year return is 26.65%. The stock is 29.72% away from its 52-week high.
Trident Limited is an Indian company involved in the production, trade, and sale of textiles (such as yarn, terry towels, and bedsheets) as well as paper and chemicals. The company operates through two divisions: Textiles and Paper and Chemical.
The Textiles division includes the manufacturing of yarn, towels, bedsheets, and dyed yarn, along with utility services. The Paper and Chemical division includes products such as paper and sulfuric acid, along with utility services.
Welspun Living Ltd
The Market Cap of Welspun Living Ltd is Rs. 18222.96 crores. The stock’s monthly return is 22.99%. Its one-year return is 69.23%. The stock is 2.93% away from its 52-week high.
Welspun India Limited, based in India, operates in the textile industry, manufacturing various home textile products such as terry towels, bed linens, and rugs. The company’s business is divided into segments including Home Textiles, Power and Flooring.
Under the Home Textiles segment, Welspun produces items like towels, bathrobes, bath rugs, area rugs, carpets, and various bedding products. The Power segment is involved in power generation, while the Flooring segment focuses on tiles and Grass tiles.
Indo Count Industries Ltd
The Market Cap of Indo Count Industries Ltd is Rs. 8281.64 crore. The stock’s monthly return is 7.31%. Its one-year return is 80.95%. The stock is 12.72% away from its 52-week high.
Indo Count Industries Limited is an Indian company specializing in home textile bed linens. The company manufactures and exports a variety of products including bed sheets, bed linen, and quilts.
It offers a diverse range of items such as fashion bedding, utility bedding, institutional bedding, and more. Indo Count Industries Limited markets its branded products through various channels, both online and offline.
Garware Technical Fibres Ltd
The Market Cap of Garware Technical Fibres Ltd is Rs. 7765.27 crore. The stock’s monthly return is 0.72%. Its one-year return is 22.46%. The stock is 10.38% away from its 52-week high.
Garware Technical Fibres Limited is an India-based company that operates as a diversified technical textiles company, with a presence in multiple sectors and geographical locations.
The company offers solutions in various areas including aquaculture, fisheries, agriculture, coated fabrics, shipping and offshore, defence and government, sports, geo-synthetics, industrial applications, material handling, safety, and yarn and threads. Its business is divided into two segments: Synthetic Cordage and Fibre and Industrial Products and Projects.”
Jindal Worldwide Ltd
The market cap of Jindal Worldwide Ltd is Rs. 7,586.69 crore. The stock’s monthly return is 8.82%. Its one-year return is 22.40%. The stock is 15.32% away from its 52-week high.
Jindal Worldwide Limited is a textile company primarily focused on manufacturing denim fabric, premium shirting, yarn dyeing, bottom weights, and home textiles. Its premium shirting division can process around 25 million meters annually, creating prints for men’s wear, women’s wear, and kids’ clothing.
The company offers a variety of bottom-weight fabrics, including double, corduroys, cloth, Dobies, cotton twills, cotton tussar, micro tussar, and cotton viscose. Additionally, their product lineup includes a range of bed sheets such as quilt covers, flat sheets, fitted sheets, pillow covers, valance sheets, and bolster cases.
PDS Limited
The Market Cap of PDS Limited is Rs. 7554.68 crore. The stock’s monthly return is 3.54%. Its one-year return is 73.16%. The stock is 18.43% away from its 52-week high.
PDS Limited, headquartered in India, is a global fashion organization that specializes in offering a range of services such as product development, sourcing, manufacturing, and distribution for various brands and retailers worldwide.
The company is involved in activities including garment trading, investment holding, design, marketing, sourcing, and distribution of ready-to-wear clothing and other consumer goods globally. In addition, it is involved in real estate activities such as holding, owning, leasing, or licensing properties. PDS Limited operates in segments including sourcing, manufacturing, and other related services.
Arvind Fashions Ltd
The Market Cap of Arvind Fashions Ltd is Rs. 6528.21 crores. The stock’s monthly return is -5.75%. Its one-year return is 55.30%. The stock is 10.71% away from its 52-week high.
Arvind Fashions Limited is a company based in India that focuses on the marketing and distribution of branded clothing and accessories. The company operates in two geographical segments: India and the rest of the world.
It, along with its subsidiaries, is active in the branded apparel, beauty, and footwear sectors. The company’s portfolio includes a variety of international brands, both owned and licensed, such as US Polo, Arrow, Flying Machine, Tommy Hilfiger, Calvin Klein, and Sephora. They offer clothing for men, women, and children through retail, distribution, department stores, and online services.
Top Textile Stocks with High ROCE – FAQs
Top Textile Stocks with High ROCE #1:KPR Mill Ltd
Top Textile Stocks with High ROCE #2:Vedant Fashions Ltd
Top Textile Stocks with High ROCE #3:Swan Energy Ltd
Top Textile Stocks with High ROCE #4:Trident Ltd
Top Textile Stocks with High ROCE #5:Welspun Living Ltd
The top 5 stocks are based on market capitalization.
The Best Textile Stocks with High ROCE based on one year returns are Swan Energy Ltd, Indo Count Industries Ltd, PDS Limited, Welspun Living Ltd, and Arvind Fashions Ltd.
Investing in textile stocks with high Return on Capital Employed (ROCE) can be advantageous as it indicates efficient use of capital to generate profits. However, consider other factors like market trends, company stability, and industry conditions before making investment decisions.
Yes, you can buy textile stocks with high ROCE. Evaluate their financial health, market position, and growth potential. High ROCE suggests good management and profitable use of capital, but always diversify your portfolio to manage risks.
To invest in textile stocks with high ROCE, research and identify companies with strong financials and market presence. Open a trading account with a reliable broker like Alice Blue. Complete the KYC process here. Monitor your investments regularly for optimal returns.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.