Textile stocks in Monday’s trade rallied with some of the stocks from the pack making sizable gains of up to 20 per cent. Stocks like Parmeshwari Silk Mills, Donear Industries, Advance Lifestyles, Samtex Fashions stood out as the top perfomers on May 19, 2025.
What’s fuelling gains in textile stocks on May 19, 2025?
As per reports India’s ban on Bangladeshi imports via the land ports could result in an additional business of over Rs 1,000 crore for the domestic textile as per experts.
According to an ANI report, India has imposed fresh restrictions on imports from Bangladesh via land ports, affecting goods amounting to USD 770 million. This amounts to nearly 42 per cent of total bilateral imports, according to the Global Trade Research Initiative (GTRI).
The restriction in this regard came from the Union Ministry of Commerce and Industry on Saturday following directions from the Directorate General of Foreign Trade (DGFT).
The move will restrict the import of some of the Bangladeshi goods, including readymade garments etc. to specific sea ports or bans them completely from make an India entry via land routes.
So, as now Bangladeshi garments can only enter into via some of the seaports, it will drastically impact their export to India.
Textile stocks
As per the stock research platform – Finology- there are 218 stocks listed in the space, and of them Vardhman Textiles lead with a TTM profit of Rs 879 crore.
Anil Singhvi view on textile stocks
The expert held that the time has come that the centre supports Indian textile industry and also curbs competition from Bangladesh. The market guru deems the step as a right move in pushing the industry to new heights.
