New Delhi, June 9 -- Indian textile and apparel manufacturers have demonstrated resilience amid multiple global disruptions, including the COVID-19 pandemic, the Russia-Ukraine conflict, and elevated US tariff barriers. Analysts believe the ongoing US-Iran conflict in the Middle East is also likely to have only a short-term impact on margins, with profitability expected to recover sharply once conditions stabilise.

According to Harsh Mittal, Research Analyst at Emkay Global Financial Services, domestic textile companies are well-positioned to absorb future shocks, supported by a robust domestic market, a favourable USD-INR exchange rate, and healthy balance sheets.

Emkay Global initiated coverage on three textiles sector with a 'Buy' ra...