Textile Stocks Rally Up to 13% as Arvind and S P Apparels Hit 52-Week Highs on Export Optimism

Textile stocks witnessed strong buying interest on June 30, 2026, with S P Apparels and Arvind climbing to fresh 52-week highs. The rally was driven by optimism that the proposed free trade agreements (FTAs) with the United Kingdom (UK) and the European Union (EU) will strengthen the competitiveness of Indian textile exports. 

Several other textile companies also traded higher as investors remained positive about the sector's long-term growth prospects. 

Arvind and S P Apparels Lead the Rally 

S P Apparels share price gained as much as 13% during intraday trade to touch a 52-week high of ₹1,186.05. The stock has rallied nearly 49% over the last 11 trading sessions since 12 June. 

Arvind share price also hit a fresh 52-week high of ₹600, rising around 9% during the session. Over the past 12 trading days, the stock has gained approximately 22%. 

Meanwhile, Indo Count Industries share price advanced 5% to a new 52-week high of ₹445.90, taking its gain over the last 12 trading sessions to 38%. 

Other textile stocks, including Gokaldas Exports, PDS, Vardhman Textiles and Nitin Spinners, rose between 2% and 3%. 

Why Are Textile Stocks Rising? 

The main reason behind the rally is the expectation that the proposed UK and EU Free Trade Agreements will improve the competitiveness of Indian textile exports by providing better market access and supporting export growth. 

Investors are also optimistic that easing trade uncertainties and favourable government policies will benefit Indian textile manufacturers in the coming years. 

S P Apparels Sees Strong Business Momentum 

S P Apparels, a leading manufacturer of knitted garments for global brands, said during its fourth-quarter earnings conference call that its current order book stands at around ₹600 crore. 

The company believes the temporary business disruption seen earlier has largely ended and customer demand is returning to normal. Management also said it is expanding its presence in the US market through discussions with 3 to 4 large customers. 

Looking ahead, S P Apparels aims to achieve ₹2,000 crore in revenue. As business conditions improve, the company expects its core garment export business to maintain an adjusted EBITDA margin of 17%–18%. 

Read more: Best Gold Stocks in June 2026 Based on 5‑Year CAGR: Sky Gold and Diamonds, Laxmi Goldorna House and More. 

Indo Count Expects Strong FY27 Growth 

Indo Count Industries also expects business conditions to improve as global trade becomes more favourable. 

The company believes demand will strengthen with the proposed US trade agreement and FTAs with other regions. Management expects FY27 to be a strong year for growth, supported by higher sales volumes and better profitability. 

The company expects fabric volumes to increase to 105–110 million metres in FY27, compared with 94 million metres in FY26. It is also targeting an EBITDA margin of around 13%, supported by improving demand, better execution and diversified revenue opportunities. 

Conclusion 

Textile stocks continued their strong upward momentum as investors welcomed the improving outlook for exports and business growth.  

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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