The textile industry has been one of the most important sectors of India. This sector provides huge employment opportunities in India after agriculture. It has also given a huge contribution to the GDP of India.
This makes it a preferred sector for investors, specifically, stocks of textile companies that are into readymade garments production. In this article, we will get to know the top 5 Readymade Garment Stocks in India with respect to market capitalisation.
Best Readymade Garment Stocks in India by Market Cap
India is a cost-effective manufacturing hub of readymade garments. The demand for readymade garments is always going to increase in India. That is the reason this sector is very much preferred by Indian investors. Let us go through some of the Best Readymade Garment Stocks to invest in India.
1. Page Industries
Page Industries was founded in 1994 and is based in Bengaluru. Page Industries initiated its operation work in 1995 mainly with the manufacturing, distribution and marketing of Jockey Products.
At present, the company is engaged in the manufacturing, distribution and marketing of garments. The company has an exclusive licence for the JOCKEY Brand in India, Sri Lanka, Nepal, UAE, Oman Qatar and Bangladesh.
Page Industries has more than 20,000 employees in 2018 and 15 manufacturing units in India.
- Page Industries Share Price as of Sept 2023: ₹41,500+
- Market Cap: ₹407.96 billion
2. KPR Mills
KPR Mills is a leading readymade garment company in India. It is also the largest vertically integrated company in the country. The company was founded in the year 1984 in Coimbatore.
KPR Mills is into exports, manufacturing as well as marketing readymade knitted garments, knitted fabrics and cotton yarn. Apart from this KPR Mills is also involved in the manufacturing of white crystalline sugar.
- KPR Mills Share Price as of Sept 2023: ₹715+
- Market Cap: ₹216.95 billion
3. Gokaldas Exports
Gokaldas Exports has been considered one of the largest manufacturers and exporters of apparel in India.
The annualised turnover of the company is around US dollars 250 million. At present the company has a workforce of more than 32000 people working in 20 production units.
- Gokaldas Exports Share Price as of Sept 2023: ₹750+
- Market Cap: ₹31.18 billion
4. Rupa & Company
Rupa & Company is one of the topmost Knitwear brands in the country. It is into manufacturing knitted garments from innerwear to casual wear. The company uses imported technology and the best yarns to produce quality products.
Some of their popular brands are Euro, Frontline, Thermocot, Jon, Softline, Bumchums, Torrido and Microman.
- Rupa & Company Share Price as of Sept 2023: ₹266+
- Market Cap: ₹21.27 billion
5. Pearl Global Industries
Pearl Global Industries is a multinational garment manufacturing company founded by Mr Deepak Kumar Seth in the year 1987. The company has an annual turnover of around $450 million and has more than 32000 people employed.
Pearl Global Industries is into manufacturing and exporting readymade garments.
- Pearl Global Industries Share Price as of Sept 2023: ₹991+
- Market Cap: ₹12.78 billion
Through this article, we come to know about the top 5 Readymade Garment stocks of India by market capitalization. If you are planning to invest in Readymade Garment stocks then you can refer to these stocks. You can do intraday trading as well as invest for the long term in these stocks on renowned trading platforms such as Dhan.
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