Indian Home Textiles report by Citigroup Smith Barney

Home Is Where the Growth Is!
  • Welspun and Alok are our top picks in India’s Home Textiles, which has markedly lagged the Sensex despite strong growth prospects

  • Alok upgraded to Buy from Hold on better EPS growth visibility after capacity expansion

  • Sector earnings CAGR of 46% in FY06-08E and high ROEs should trigger overall re-rating

  • Outsourcing trend, cost advantages, thrust on value-add, re-imposition of quotas on China and expanded capacity should feed sector growth

Click here to download the full report.
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One Response to Indian Home Textiles report by Citigroup Smith Barney

  1. Ariff Bham says:

    Hey the link to this report has expired. Any idea where I could get a copy?

    Thanks

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