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Threadbare Performance: Indian Textile Stocks Decline Amid Cost Woes
Indian textile stocks fell between 2.3% and 6% in Monday’s trade, reflecting sector-wide pressure from rising input costs, muted export demand, and cautious investor sentiment. Key players including Arvind, Vardhman Textiles, and Welspun India witnessed declines, underscoring challenges faced by the industry despite government support for manufacturing and exports.
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