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Yarn Making Stocks ICRA’s most recent report predicts that there will be an approximately 10% increase in demand for the cotton yarn industry in terms of volume during FY2024.  The CareEdge report also provides statistics that support this projection, stating that the Indian cotton yarn industry is expected to experience a sales volume growth of 5-7%.     Concentrate on purchasing Cotton Yarn Manufacturing Companies at suitable prices: RSWM Ltd (Rs.210.15), Nahar Spinning and Weaving Mills Ltd (Rs.304.40), Nitin Spinners Ltd (Rs.347.90), Alok Industries Ltd (Rs.32.20), Vardhaman Acrylics Ltd (Rs.63)Ambika Cotton Mills Ltd (Rs.1732), Rajapalayam Mills Ltd (Rs.869.50), and so on.     ♦️Rajasthan Spinning & Weaving Mills Ltd: RSWM Limited, the primary organization of the LNJ Bhilwara Group worth USD 1 billion, is a prominent producer and exporter of synthetic and blended spun yarns from India.  It ships a diverse collection of yarns and fabrics ...

  Market Mantra The Indian bourses are on a roll. Today the Nifty traded above 21,650 level in a narrow range. However, action is seen in small and mid cap counters. Banks are also doing well in anticipation of a rate cut in the H2FY25. # Indowind Energy Ltd (Rs.24.90) hit the buyer freeze, after the fundamentals of the company showed marked improvement. Also, wind energy stocks are expected to do well in future due to government of India's mega - initiatives in the Renewable Energy Sector. T: Rs.41/42. #Buy Sarthak Industries Ltd (Rs.27.25) near the CMP for targets above Rs.50. The company has the LPG Cylinder manufacturing Unit at Pithampur Industrial Area, Village Akoliya, District Dhar, (M.P.). It is a low debt company. #Accumulate the stock of Debock Industries Ltd (Rs.9.50) near the CMP for targets of Rs.17/19. The company is into making of farm equipments. The government of India is likely to give impetus to the farm Sector in the ensuring budget. # The year 2024 will...