The emphasis to increase cotton crop productivity will be positive for cotton textile stocks. At the bourses, these stocks rallied up to 3% in morning deals on NSE.HP Cotton Textile Mills, one of the largest exporters of cotton specialty yarns and cotton sewing threads in India, rallied 3.19% to Rs 103.65.

Nitin Spinners Ltd. key Products/Revenue Segments include Yarn, Fabric, Others, Other Operating Revenue, Sale of services for the year ending 31-Mar-2022.

Nitin Spinners is expanding spinning capacity by ~40% over the next 12/15 months.

Motilal Oswal maintained its buy rating on Can Fin Homes with a target price of Rs 630, an upside of 29% from Rs 488 recorded on December 24. Re-rating is still contingent on CANF's ability to identify a successor. Robust franchise and follows a processes orientation approach which has served it well.

​​The firm said it has been ‘gloom and doom for the domestic industry in the past few months because of high cotton prices and low demand for textiles and apparel in Western countries.

The latest filings suggest that the investor holds 25 stocks with an estimated net worth of over Rs 498.8 crore, Trendlyne data shows. During the quarter Dolly Khanna added stakes in Talbros Auto and Deepak Spinners, while she offloaded positions in Aries Agro, Manali Petrochemicals and Nitin Spinners.

East India Securities is bullish on Nitin Spinners has recommended buy rating on the stock with a target price of Rs 740 in its research report dated May 16, 2022.

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East India Securities is bullish on Nitin Spinners has recommended buy rating on the stock with a target price of Rs 96 in its research report dated November 02, 2020.

East India Securities recommended hold rating on Nitin Spinners with a target price of Rs 96 in its research report dated August 10, 2020.

East India Securities is bullish on Nitin Spinners has recommended buy rating on the stock with a target price of Rs 96 in its research report dated June 21, 2020.