Jefferies flags Welspun Living, Raymond as export play beneficiaries

Jefferies has set its sights on two leading Indian textile and lifestyle manufacturers, initiating coverage with positive outlooks as both companies stand to benefit from strengthening export opportunities in their respective segments.

Welspun Living and Raymond Lifestyle have been flagged by the investment bank as compelling investment opportunities, with 'Buy' recommendations reflecting analyst confidence in their ability to capitalise on rising international demand for Indian-made home furnishings and apparel products.

The dual initiation underscores a broader market narrative around Indian textile exporters, which have emerged as beneficiaries of global supply chain diversification away from traditional manufacturing hubs. With international buyers increasingly looking to reduce concentration risk and tap into India's competitive cost structures and quality capabilities, both companies are well-positioned to capture incremental business.

Welspun Living, a major player in home furnishings and décor products, and Raymond Lifestyle, known for its diverse portfolio spanning apparel and lifestyle segments, have demonstrated operational resilience and export competitiveness. The analyst coverage reflects growing investor interest in homegrown companies riding structural export demand waves.

The positive outlook from a major investment bank is likely to draw attention from institutional investors seeking exposure to India's export-led growth story, particularly in labour-intensive, value-added manufacturing sectors where the country holds competitive advantages.