Motilal Oswal initiates coverage on KPR Mill, 7 other textile stocks with up to 43% upside. Own any?

Motilal Oswal initiated coverage on 8 textile stocks, projecting a sector recovery from CY25 onwards driven by inventory normalisation, easing inflation, and lower tariffs. The brokerage expects India to be a key beneficiary, supported by upcoming free trade agreements with the UK and EU, assigning Buy ratings to Gokaldas Exports, Arvind Fashions, Pearl Global Industries, Indo Count, and Welspun Living with up to 43 percent upside, and Neutral ratings to KPR Mill, Trident, and Vardhman Textiles. The Indian textile market grew at a 6 percent CAGR between FY22 and FY26, with the domestic market expanding 9 percent while exports declined 4 percent due to weak global demand.