Gokaldas Exports gained 3-6% intraday with textile peers as Motilal Oswal Financial Services named Gokaldas Exports among its preferred picks in apparels, citing expected mid-teens industry demand growth and improved growth visibility.

Gokaldas Exports Ltd is benefiting from stronger labour availability in newer hubs, successfully operating two shifts at its Ranchi facility compared with limited success across 27 other units, and also operates a manufacturing facility in Bhopal, Madhya Pradesh, reducing dependence on migrant labour in NCR and South India.