JM Financial maintains a Buy call on Gokaldas Exports, projecting a target price of Rs 1,265. The company anticipates near-term challenges due to higher costs, but expects margin recovery in the second half of FY26. Gokaldas Exports remains optimistic about long-term growth, driven by shifting global sourcing and supplier consolidation, making it JM Financial’s top pick in the textile sector.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets