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The stock market began Muhurat Trading on a lively note, with the Sensex climbing close to 300 points and the Nifty crossing the 25,900 mark, hitting its highest level in more than a year. Amid the upbeat mood, market veteran Anil Singhvi has pointed to Mafatlal Industries as a stock worth considering for those looking at a 1–2 year investment horizon.

Singhvi suggested that investors gradually increase their holdings if the stock dips by around 15 per cent, allowing them to ride short-term fluctuations while staying positioned for longer-term growth. He expects the stock to move toward Rs 175, Rs 225, and Rs 275 over the next couple of years.

Mafatlal Industries, part of the Mafatlal Group, has been in textiles for over a century. Its clients include major brands like Jack & Jones, Wrangler, Lee, Killer, Mufti, and Allen Solly. The company relies heavily on outsourcing, handling almost all production externally, and carries very little debt, which is uncommon in this sector.

Government orders provide stability, and as of June 30, 2025, the order book was around Rs 1,000 crore. Over the past five years, profits have grown at a 45 per cent CAGR, demonstrating consistent performance.

The stock trades at a P/E of 8.4x, well below the industry average, offering an attractive entry point. Singhvi also noted that recent trade agreements with the US could provide additional support to the textile sector through higher exports.

With a strong client base, minimal leverage, and steady profit growth, Mafatlal Industries stands out as a promising Muhurat Trading pick for medium-term investors, according to Anil Singhvi.

Senior Sub-editor at Zee Business English

shweta.shukla@India.com

Shweta Birendra Shukla is a journalist covering the stock market and corporate aff