Monarch Networth initiates coverage on Asian Paints, Colgate and Kansai Nerolac; sees up to 17% upside

The textile sector is crucial as a major foreign exchange earner and employment generator for India. The country exported textile and apparel exports worth $36.60 billion in FY25, underscoring the sector’s importance as a foreign exchange earner and major employment generator.

John Templeton’s investing philosophy urges investors to seek overlooked opportunities with strong fundamentals rather than chase market trends. His contrarian approach highlights the importance of independent research, patience and long-term thinking to uncover undervalued investments before they gain widespread attention.

Greaves Electric Mobility’s Rs 530 crore rights issue was fully subscribed by existing shareholders, reinforcing confidence in the EV maker’s growth strategy. The company will use the funds to expand its product pipeline and technology capabilities while deferring its proposed IPO until market conditions and regulatory approvals become more favourable.