Textile stocks to watch: Bombay Dyeing, Raymond: Shrikant Chouhan
ET Now spoke to Shrikant Chouhan, Senior Vice President Technical Research, Kotak Securities, for a technical check on the textile space.
Do you like anything in the textile space?
Right now it is very difficult to understand that whether they are doing the real textile business or not because we have seen rally in Bombay Dyeing it is back buying some property things,.
Raymond so these are the stocks to look for like Century Textile, Bombay Dyeing, Raymond. Even I can say Arvind Mill which is again quoting at 40 levels, we can expect something 45-46 on the higher side.
But I think the base is more because of some property things and not because of the real genuine business of textile.
Download ET Markets APP