The below table shows Textiles Stocks Below 50 based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price (rs) |
Indo Rama Synthetics (India) Ltd | 1152.81 | 44.15 |
Nandan Denim Ltd | 627.76 | 43.55 |
Lahoti Overseas Ltd | 141.77 | 48.51 |
Damodar Industries Ltd | 116.15 | 49.85 |
Trident Texofab Ltd | 49.38 | 48.95 |
Titaanium Ten Enterprise Ltd | 30.17 | 44.84 |
Veejay Lakshmi Engineering Works Ltd | 25.2 | 49.6 |
Indo Cotspin Ltd | 18.52 | 44 |
Content:
- What Are Textile Stocks?
- List Of Textiles Stocks Below 50
- Best Textiles Stocks In India Below 50
- Top Textiles Stocks In India Below 50
- Textiles Sector Stocks List Below 50
- Who Should Invest In Textiles Stocks Below 50?
- How To Invest In The Textile Stocks Below 50?
- Performance Metrics Of Textiles Stocks Below 50
- Benefits Of Investing In Textiles Stocks Below 50
- Challenges Of Investing In Textiles Stocks Below 50
- Introduction To Textiles Stocks Below 50
- Best Textiles Stocks In India Below 50 – FAQs
What Are Textile Stocks?
Textile stocks refer to shares of companies involved in the manufacturing and distribution of textiles and related products. These stocks are part of the consumer goods sector, influenced by fashion trends, global trade policies, and consumer spending patterns.
Companies in the textile industry range from fabric manufacturers to fashion retailers. Investing in textile stocks involves understanding the dynamics of global supply chains and consumer preferences, which can drastically affect stock performance.
Textile stocks are affected by various factors including raw material costs, labor conditions, and environmental regulations. Investors need to stay informed about these influences to gauge potential risks and opportunities within the market.
List Of Textiles Stocks Below 50
The table below shows a List Of Textiles Stocks Below 50 based on 1 Year Return.
Name | Close Price (rs) | 1Y Return (%) |
Titaanium Ten Enterprise Ltd | 44.84 | 180.25 |
Nandan Denim Ltd | 43.55 | 99.77 |
Lahoti Overseas Ltd | 48.51 | 83.26 |
Veejay Lakshmi Engineering Works Ltd | 49.6 | 44.19 |
Indo Cotspin Ltd | 44 | 25.71 |
Damodar Industries Ltd | 49.85 | 20.27 |
Indo Rama Synthetics (India) Ltd | 44.15 | -0.34 |
Trident Texofab Ltd | 48.95 | -24.56 |
Best Textiles Stocks In India Below 50
The below table shows the Best Textiles Stocks In India Below 50 based on 1 Month Return.
Name | Close Price (rs) | 1M Return (%) |
Nandan Denim Ltd | 43.55 | 26.35 |
Lahoti Overseas Ltd | 48.51 | 16.77 |
Veejay Lakshmi Engineering Works Ltd | 49.6 | 15.35 |
Indo Rama Synthetics (India) Ltd | 44.15 | 9.39 |
Indo Cotspin Ltd | 44 | 2.18 |
Damodar Industries Ltd | 49.85 | 1.03 |
Titaanium Ten Enterprise Ltd | 44.84 | 0 |
Trident Texofab Ltd | 48.95 | -0.4 |
Top Textiles Stocks In India Below 50
The table below shows Top Textiles Stocks In India Below 50 based on the highest day Volume.
Name | Close Price (rs) | Daily Volume (Shares) |
Nandan Denim Ltd | 43.55 | 2003654 |
Indo Rama Synthetics (India) Ltd | 44.15 | 93816 |
Damodar Industries Ltd | 49.85 | 16712 |
Lahoti Overseas Ltd | 48.51 | 13515 |
Trident Texofab Ltd | 48.95 | 10510 |
Indo Cotspin Ltd | 44 | 251 |
Veejay Lakshmi Engineering Works Ltd | 49.6 | 0 |
Titaanium Ten Enterprise Ltd | 44.84 | 0 |
Textiles Sector Stocks List Below 50
The table below shows the Textiles Sector Stocks listed below 50 based on the PE Ratio.
Name | Close Price (rs) | PE Ratio (%) |
Indo Cotspin Ltd | 44 | 160.11 |
Trident Texofab Ltd | 48.95 | 47.74 |
Damodar Industries Ltd | 49.85 | 40.99 |
Nandan Denim Ltd | 43.55 | 26.77 |
Titaanium Ten Enterprise Ltd | 44.84 | 18.86 |
Lahoti Overseas Ltd | 48.51 | 8.77 |
Veejay Lakshmi Engineering Works Ltd | 49.6 | -3.84 |
Indo Rama Synthetics (India) Ltd | 44.15 | -9.08 |
Who Should Invest In Textile Stocks Below 50?
Investors with an interest in consumer goods and a tolerance for industry-specific risks might consider textile stocks below 50. These stocks are suitable for those seeking exposure to the fashion and apparel market, potentially benefiting from consumer trends and global economic growth.
Investors in these stocks should have an understanding of fashion cycles and consumer behavior, as these elements heavily influence the textile industry. Being proactive and responsive to market trends is crucial for capitalizing on opportunities in this volatile sector.
Additionally, these stocks are appealing to value investors who look for underpriced assets with potential for appreciation. Thorough research into the financial health and strategic positioning of these companies is essential to identify promising investment opportunities.
How To Invest In The Textile Stocks Below 50?
To invest in textile stocks below 50, start by conducting thorough research on potential companies, focusing on their financial health, market position, and growth prospects. Use a brokerage account to make purchases, considering both individual stocks and sector-focused funds for broader exposure.
First, evaluate the financial statements and growth strategies of textile companies whose stocks are priced below 50. Look for consistent revenue growth, manageable debt levels, and clear competitive advantages in their market segments. This financial vetting helps in choosing stocks with the potential for stable returns.
Second, monitor global economic conditions and consumer spending trends, as they significantly impact the textile industry. Stay updated with fashion trends and trade policies, which can affect the profitability of these companies. Regularly reviewing your investment and adjusting your portfolio is key to managing risk effectively.
Performance Metrics Of Textiles Stocks Below 50
Performance metrics of textile stocks below 50 typically include revenue growth, profit margins, and market share. These indicators help investors assess the financial health and competitive standing of textile companies, providing insights into their operational efficiency and market position.
Revenue growth is a critical metric that indicates how well a company is expanding its operations and capturing market demand. A consistent increase in revenue suggests effective product offerings and market strategies, which are key drivers of stock performance in the competitive textile industry.
Profit margins reflect a company’s ability to convert sales into actual profits. Healthy profit margins are essential for sustaining operations and funding future growth. They also provide a buffer against economic downturns, making companies with higher margins more resilient in challenging market conditions.
Benefits Of Investing In Textiles Stocks Below 50
The main benefits of investing in textile stocks below 50 include potential high returns, low entry costs, and exposure to the consumer goods sector. These stocks offer opportunities to benefit from global fashion trends and consumer spending behaviors, enhancing portfolio diversification.
- Cost-Effective Capital Commitment: Textile stocks below 50 are typically more affordable, allowing investors to buy a substantial number of shares with minimal capital. This low entry barrier is ideal for new investors or those with limited funds, enabling them to participate in the stock market.
- High Return Potential: Lower-priced stocks often present significant upside potential. As the textile industry responds to changing fashion trends and consumer demands, well-positioned companies can experience rapid growth, offering lucrative returns to savvy investors.
- Diversified Portfolio Addition: Investing in textile stocks allows investors to diversify their portfolios beyond typical sectors like technology and finance. This sector’s performance is tied to consumer trends and global economic conditions, providing a hedge against sector-specific downturns.
- Global Market Exposure: The textile industry is globally interconnected, influenced by international fashion trends, trade policies, and economic shifts. Investors in textile stocks gain exposure to global markets, which can lead to growth opportunities as new markets emerge and existing ones expand.
Challenges Of Investing In Textiles Stocks Below 50
The main challenges of investing in textile stocks below 50 include market volatility, susceptibility to economic cycles, and intense global competition. These factors can lead to unpredictable stock performance and require investors to be well-informed and cautious in their investment decisions.
- Volatility Vexation: Textile stocks priced below 50 can experience significant price fluctuations. This volatility is often due to external economic factors, changing consumer tastes, and seasonal trends affecting demand and profitability, requiring investors to stay alert and responsive to market changes.
- Economic Sensitivity: The textile industry is highly sensitive to economic downturns. In recessions, consumer spending on non-essential goods like fashion items typically decreases, directly impacting textile companies’ revenues and, consequently, their stock prices.
- Fierce Global Competition: The global nature of the textile industry means companies constantly face intense competition. This can pressure profit margins, especially for smaller or less established firms, challenging their growth and sustainability in a crowded market.
- Regulatory Risks: Textile companies must comply with various international trade regulations and environmental laws, which can be stringent and vary significantly across markets. Compliance requires resources and can impact profitability, posing a significant challenge for companies with limited financial flexibility.
Introduction To Textiles Stocks Below 50
Indo Rama Synthetics (India) Ltd
The market capitalization of Indo Rama Synthetics (India) Ltd stands at Rs. 1152.81 crore. Its monthly return is -0.34%, while its one-year return is 9.39%. Presently, the stock is 51.98% below its 52-week high.
Indo Rama Synthetics (India) Limited, an Indian company, focuses on polyester manufacturing. Its integrated manufacturing complex in Butibori, Maharashtra, boasts a production capacity of 6,10,050 tons per annum, producing polyester staple fiber, filament yarn, draw texturized yarn, fully drawn yarn and textile-grade chips. The company’s operations revolve around manufacturing and trading polyester goods, spanning both domestic and international markets.
Operating primarily in India and other countries, Indo Rama Synthetics utilizes a 40.0 megawatts (MW) STG facility powered by coal and a 31.08 MW DG sets facility fueled by furnace oil at its Butibori plant. With a global presence extending to Indonesia, Thailand, the United States, Nepal, and Sri Lanka, the company serves diverse markets beyond India’s borders. Additionally, Indo Rama Synthetics owns subsidiaries like Indorama Yarns Private Limited and Indorama Ventures Yarns Private Limited, contributing to its robust portfolio and strategic positioning in the polyester manufacturing sector.
Nandan Denim Ltd
The market cap of Nandan Denim Ltd is Rs. 627.76 crore. Its monthly return stands at 99.77%, while its one-year return is 26.35%. Currently, the stock is 7.23% away from its 52-week high.
Nandan Denim Limited, headquartered in India, specializes in manufacturing and selling fabrics, including Denim, Yarn, and Shirting. Its Denim range comprises Knit Denim, Basic Denim, Lightweight shirting, polydobby, and Cotton Dobby, with options for printed denim. The company also produces a variety of shirting fabrics, such as plain, twill, dobby, chambray, fila fil, herringbone, basket weave, and pin-point oxford, offering a diverse selection including Indigo dyed checks and Melange, grindle, space-dyed, slubs, and injection types of yarns. Additionally, Nandan Denim provides a variety of blends and counts of blended yarn, as well as dyed yarn for the hosiery and weaving industries.
The company’s manufacturing facilities, located in Piplej and Bareja, Gujarat, support its extensive product portfolio, which includes 100% Cotton, Blended, Special open-end, Organic Cotton, Core-Spun, and 100% dyed yarns. Nandan Denim’s comprehensive offerings cater to various segments within the textile industry, meeting diverse customer demands and ensuring quality and versatility in its products.
Lahoti Overseas Ltd
The market capitalization of Lahoti Overseas Ltd is Rs. 141.77 crore. Its monthly return stands at 83.26%, while its one-year return is 16.77%. Presently, the stock is 19.05% away from its 52-week high.
Lahoti Overseas Limited, an Indian-based company, specializes in the export of cotton textiles, focusing particularly on cotton yarns and fabrics. Its core business revolves around exporting various types of cotton products, offering a wide range of cotton yarns such as carded and combed rings, spun yarns of different counts, ply yarns, and special yarns, along with grey knitted and woven fabrics. Additionally, the company ventures into the energy sector by setting up power projects to generate, supply, distribute, transmit, and transform electric or other power sources. Lahoti Overseas operates in two main segments: the Trading Division and Power Division. It expands its operations into renewable energy through wind and solar power projects, with its subsidiary, G Varadan Limited, playing a significant role. The company establishes yarn procuring centers across India, including strategic locations like Mumbai, Kolhapur/Ichalkaranji, Coimbatore, and Chandigarh.
Lahoti Overseas Limited is primarily known for its expertise in cotton textile exports, with a focus on cotton yarns and fabrics. Beyond its core business, the company diversifies into the energy sector by engaging in power projects and renewable energy initiatives. With its subsidiary and yarn procuring centers strategically positioned across India, Lahoti Overseas continues to expand its presence and offerings in both the textile and energy industries.
Damodar Industries Ltd
The market cap of Damodar Industries Ltd is Rs. 116.15 crore. Its monthly return stands at 20.27%, while its one-year return is 1.03%. Currently, the stock is 37.61% away from its 52-week high.
Damodar Industries Limited, an Indian company, specializes in manufacturing, processing, and merchant trading of cotton yarn and fancy yarn. Operating primarily in the textile sector, the company offers a wide array of products, including air texturizing, cotton yarns, linen blends, special blends, synthetic yarns, and yarn dyeing. Its cotton yarn variants encompass compact yarn, combed yarn, carded yarn, slub yarn, multi-count multi-twist, and single/double/multifold options. Furthermore, Damodar Industries provides linen blends such as polyester/linen, polyester/viscose/linen, polyester/cotton/linen, viscose/linen, and single/double/multifold blends. Special blends offered by the company include cationic/polyester and cationic/polyester/viscose blends. With advanced post-spinning machinery like two-for-one (TFO), fancy doubling, hollow doubling, and yarn dyeing equipment, Damodar Industries operates six manufacturing facilities.
By focusing on manufacturing, processing, and trading various types of yarn, Damodar Industries caters to diverse customer demands within the textile industry. Its extensive product range, coupled with modern machinery and multiple manufacturing facilities, enables the company to meet the evolving needs of customers efficiently while maintaining a competitive edge in the market.
Trident Texofab Ltd
The market cap of Trident Texofab Ltd is Rs. 49.38 crore. Its monthly return stands at -24.56%, while its one-year return is -0.40%. Currently, the stock is 55.46% away from its 52-week high.
Trident Texofab Limited, an Indian company, specializes in semi-composite textile manufacturing and trading. Its product range encompasses home furnishing items, garments, suiting, shirting, technical textiles, and fabrics. The company manufactures various grades of gray fabrics and provides services such as weaving, digital printing, and embroidery on a job-work basis. Its diverse product line includes curtains, cushions, shower curtains, table runners, tablecloths, suits, Kurtis, garment fabrics, satins, casual wear for women, Indian ethnic wear, and kids’ wear. Trident Texofab also produces different weaves like dobby, jacquards, textured fabrics, print fabrics, solids, digital prints, value additions, and stitching, catering to a wide range of customer preferences and needs.
By offering a comprehensive array of textile products and services, Trident Texofab caters to diverse market segments, including home furnishing, apparel, and technical textiles. Its manufacturing capabilities span various fabric grades and weaving techniques, enabling the company to deliver a wide range of products tailored to meet customer demands. Through continuous innovation and value addition in its product offerings, Trident Texofab remains a prominent player in the textile industry, serving both domestic and international markets.
Titaanium Ten Enterprise Ltd
The market cap of Titaanium Ten Enterprise Ltd is Rs. 30.17 crores. Its monthly return stands at 180.25%, while its one-year return is 0.00%. Presently, the stock is 15.97% away from its 52-week high.
Titaanium Ten Enterprise Limited operates in the trading and manufacturing sectors, specializing in yarn, grey cloth, knitted fabrics, curtains, and goods vehicle hiring, alongside serving as a commission agent. The company’s operations are divided into Textile Unit and Logistic Unit segments, with activities ranging from yarn and fabric trading to job work on yarn and fabrics. Its product portfolio includes polyester partially oriented yarns (POY) utilized in various textile applications such as shirting, suiting, sarees, and knitwear. The company also offers draw texturized yarn (DTY), fully drawn yarns (FDY), high tenacity yarns, polyester mono yarn (PMY), polyester staple yarn, and natural spun polyester yarns, catering to diverse customer needs.
Furthermore, Titaanium Ten Enterprise Limited provides a wide array of synthetic fabrics, including woven plain satin, georgette, crape fabrics, dobby, jacquards fabrics, and brasso fabrics, among others. Through its comprehensive product range and service offerings, the company caters to the demands of various textile industries, both domestically and internationally, contributing to its growth and market presence in the textile sector.
Veejay Lakshmi Engineering Works Ltd
The market cap of Veejay Lakshmi Engineering Works Ltd is Rs. 25.20 crore. Its monthly return stands at 44.19%, while its one-year return is 15.35%. Currently, the stock is 37.02% away from its 52-week high.
Veejay Lakshmi Engineering Works Limited, headquartered in India, specializes in manufacturing textile machinery primarily used in post-spinning processes. Additionally, the company operates a textile unit dedicated to producing yarn and knitted fabrics. It operates through two distinct segments: the Engineering Division and the Textile Division. The Engineering Division focuses on manufacturing two-for-one (TFO) twisters and assembly winders, while the Textile Division is involved in yarn and fabric production.
The company’s product portfolio comprises four main categories, including Precision Propeller Winder, Random Assembly Winder and Rewinder, TFO Twister, and Excello Automatic Cone Winder. Notably, the Random Assembly Winder is designed to minimize wear, while the Excello model is an automatic cone winder capable of handling yarn counts ranging from 2s Number English (Ne) to 120s Ne. Veejay Lakshmi Engineering Works processes various materials, from cotton to jute yarn and vegetable fibers to synthetic blends, at its manufacturing facilities located in Sengalipalayam, Athipalayam Road, and Thekkampatti.
Indo Cotspin Ltd
The market cap of Indo Cotspin Ltd is Rs. 18.52 crore. Its monthly return stands at 25.71%, while its one-year return is 2.18%. Presently, the stock is 21.43% away from its 52-week high.
Indo Cotspin Limited, an Indian company, operates as a versatile player in the textile industry, engaging in the export, manufacture, import, trade, and supply of various textile products. The company’s core activities revolve around non-woven fabric and tufted carpet manufacturing, alongside trading textile goods. Its diverse product range includes non-woven fabrics, non-woven carpets, felts, designer carpets, and geotextiles, catering to a wide array of consumer needs. Specifically, its non-woven product offerings encompass plain, printed, and felt carpets, while its tufted carpets feature shaggy, woolen, and tufted varieties. The company’s manufacturing facility is situated in Haryana, India, serving as a strategic operational base for its production activities.
Indo Cotspin Limited stands out in the textiles sector for its comprehensive range of textile products and manufacturing capabilities. By specializing in both non-woven fabric and tufted carpet manufacturing, supplemented by its diverse product portfolio, the company caters to various market segments. Its presence in Haryana underscores its commitment to efficient production processes and operational excellence, further bolstering its position as a key player in the textile industry.
Best Textiles Stocks In India Below 50 – FAQs
Best Textiles Stocks Below 50 #1: Indo Rama Synthetics (India) Ltd
Best Textiles Stocks Below 50 #2: Nandan Denim Ltd
Best Textiles Stocks Below 50 #3: Lahoti Overseas Ltd
Best Textiles Stocks Below 50 #4: Damodar Industries Ltd
Best Textiles Stocks Below 50 #5: Trident Texofab Ltd
The Top Best Textiles Stocks Below 50 based on market capitalization.
Some of the top textiles stocks below 50 include Indo Rama Synthetics (India) Ltd, Nandan Denim Ltd, Lahoti Overseas Ltd, Damodar Industries Ltd, and Trident Texofab Ltd. These companies operate in the textiles sector, offering a range of products and services to customers.
Yes, you can invest in textile stocks below 50. These stocks may offer opportunities for significant returns and portfolio diversification. However, it’s important to conduct thorough research on the companies’ financial health, market position, and industry trends to understand the risks and potential benefits before investing.
Investing in textile stocks below 50 can be advantageous for investors seeking potential high returns and portfolio diversification. However, it’s essential to carefully assess the risks, including market volatility, economic sensitivity, and intense competition, before making investment decisions in this sector. Thorough research is crucial for informed investing.
To invest in textile stocks below 50, start by researching companies with strong fundamentals and growth potential. Utilize online brokerage platforms to purchase shares, considering both individual stocks and exchange-traded funds (ETFs) focused on the textile sector for broader exposure. Monitor industry trends and economic conditions for informed investment decisions.
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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.