Cotton Duty Relief: Textile Stocks In Focus As Govt May Extend Import Duty Exemption Beyond Oct 31

Textile stocks are back in focus as the Centre may extend the customs duty exemption on raw cotton beyond October 31, potentially until December. The move could provide relief to textile manufacturers facing elevated input costs and support sentiment across the sector. Arvind Mills, Raymond, Raymond Lifestyle and Vardhman Textiles are among the stocks witnessing action, while KPR Mill is also in focus. Although some stocks have given up their early gains, the latest policy development could keep textile counters on investors’ radar. Watch the full market update for the latest action in textile stocks and understand how a possible extension could impact manufacturers.