Penny Stock Update: These Three Textile stocks more than doubled in August itself!

The Textile sector is in limelight with several announcement made the GOI to support the sector.Several companies from the textile sector have seen their fortunes revived in 2021. If we go by the performance of Textile companies on the bourses, there are several stocks from the textile sector that have turned out to be multibaggers in 2021 alone.

Adinath Textiles is the top performing stock on bourses from textile sector, jumping higher by more than 151 per cent in August itself (data up to August 2). We find that there are at least 10 stocks from the Textile sector that have gained by more than 50 per cent each in August itself. At least 21 stocks have gained by more than 20 per cent from the textile sector.

Some of the top losers in the Textile sector have fallen by ~58 per cent. Richa Industries and Raja Bahadur International have fallen by more than 58 per cent each in August.

Following penny stocks from the Textile sector have more than doubled in August alone:

*data is as on August 2