Indian textile stocks gain as federal budget proposes manufacturing boost

KPR Mill

01/02/2026 05:54

** Indian textile stocks jump between 2.2% and 5.6%

** Indian Finance Minister Nirmala Sitharaman announced setting up of mega textile parks and launched a five point plan for textile firms in union budget for FY27

** Gokaldas Exports GOKL.NS leads gains among pack with 5.6% jump, trailed by Vardhman Textiles VART.NS with its 4.3% climb

** KPR Mill KPRM.NS, Arvind ARVN.NS up 3.9% and 3.7%, respectively

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))