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This stock gave 70.4% returns last year; should you invest now? Know what analysts say

By Economic Times - 4 months ago
Welspun Living Ltd is likely to benefit from the growing demand in the real estate sector, and innovation in designing. Welspun has taken strategic steps to maintain its competitive position. Focus on branding and innovation, product development, R&D, value-added services such as supply chain analytics, augmentation of online presence through marketplaces such as Myntra and Amazon, and omnichannel presence through stores and D2C sites are some such initiatives. The management has maintained a capex guidance of Rs.860 crore for 2024-25, which will be apportioned for terry towel projects, transmission lines and modernisation.

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