GOKALDAS EXPORTS RALLY
Trump tariff refunds begin today: Gokaldas Exports, Avanti Feeds, other textile and shrimp stocks rally up to 7%
Export-oriented shrimp and textile stocks rallied up to 7% on Tuesday after the US began rolling out refunds for tariffs imposed during Donald Trump’s presidency, following a Supreme Court ruling that struck them down. Companies like Gokaldas Exports and Avanti Feeds saw strong gains as investors bet on improved US demand and stability ahead.
Textile stocks fall up to 6% for second day. How serious is the Bangladesh threat?
Shares of major Indian textile companies fell up to 6% for a second straight day after Bangladesh signed a trade agreement with the U.S., offering lower tariffs and exemptions on select textiles. Experts suggest the impact on Indian exporters may be limited, though competitive pressures could rise, particularly in product-specific categories.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Markets ended marginally higher on weekly expiry, extending the rally amid supportive global cues and FII inflows. Analysts remain bullish, advise buy-on-dips, note improving momentum, key support at 25,790, resistance at 26,000–26,300, with breadth positive across broader markets overall today.
Gold ETF inflows eclipse equity funds as investors chase bullion boom in record-breaking rally
Gold ETFs saw record inflows of Rs 24,040 crore in January, narrowly surpassing equity mutual funds. This surge, a 106% month-on-month jump, signals a potential shift in investor strategy, with gold ETFs becoming a preferred safe-haven and diversification tool amidst market volatility and inflation concerns.
India–US trade deal: Gokaldas Exports, other textile stocks rally up to 5% as interim pact confirms 18% tariff
Indian textile exporters saw significant gains as an interim India-US trade deal slashed export tariffs to 18%. Companies like Gokaldas Exports and Welspun Living surged, benefiting from the reduced burden on their US-centric revenues. This agreement alleviates a major concern for foreign investors, potentially boosting Indian equities after a period of underperformance.
120 smallcaps deliver double-digit returns in a week. Is this the recovery everyone's looking for?
Over 120 smallcap stocks posted double-digit gains in a single week, signalling a sharp rebound after months of selling pressure. While valuations have corrected and earnings remain stable in pockets, experts are divided on whether the rally marks a durable recovery or a tactical bounce driven by sentiment shifts.
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Societe Generale enters Gokaldas Exports with Rs 41 cr bulk deal as stock rallies 43%
Gokaldas Exports saw a significant bulk deal as Societe Generale purchased over 5 lakh shares worth Rs 41 crore. The apparel manufacturer's stock has surged 43% in two days, benefiting from a US-India trade deal that slashes tariffs on Indian goods. Despite recent gains, the stock remains down 14% year-to-date.
Gokaldas Exports shares surge over 40% in two days after India-US trade deal
Gokaldas Exports shares have surged over 40% in two sessions after India and the US announced a landmark trade deal cutting tariffs to 18%. With the US contributing nearly 70% of its revenue, the company stands to benefit significantly. The stock also shows strong technical momentum and rising institutional ownership.
Tariff shock to trade détente: How India's most vulnerable sectors went from worries to cheers
India and the US have struck a trade deal. This agreement withdraws steep US tariffs on Indian goods. Indian exporters faced significant duties, impacting sectors like textiles and marine products. Details on specific sectors are still emerging.
The deal that changed Nifty playbook: India-US trade pact throws up over 70 winning stock ideas
The Indian stock market surged, nearing all-time highs following the announcement of a significant India-US trade deal. This agreement, which includes tariff reductions on Indian imports, is expected to boost exports, accelerate corporate earnings, and strengthen the rupee, signaling the start of a potential economic boom.
India-US trade deal: 800-point GIFT Nifty surge sets tone for strong Tuesday opening; 20 stocks in focus
India and the US have announced a trade deal, reducing reciprocal tariffs to 18% and easing concerns that have impacted Indian markets. This development is expected to trigger a strong opening on Dalal Street, with export-oriented sectors poised to benefit from improved competitiveness and reduced costs.
India-EU sign ‘mother of all deals’: Stocks to buy, winners and losers
India’s landmark FTA with the European Union, dubbed the “mother of all deals,” is reshaping investor focus as tariff cuts and regulatory easing promise a structural export boost. Textiles, pharmaceuticals and specialty chemicals are the biggest near-term winners, while shrimp exporters, auto ancillaries and jewellery retailers offer secondary plays. Automakers and Sula Vineyards face near-term pressure.
Apex Frozen Foods, Gokaldas Exports and other textile, shrimp stocks zoom up to 12% as India-EU gear up to announce trade deal today
Shares of Indian textile and shrimp companies surged following the conclusion of a free trade agreement with the European Union. This pact, a result of 18 years of negotiations, is expected to boost bilateral trade. Additionally, renewed optimism for an India-US trade deal emerged after US President Donald Trump's positive remarks. These developments signal potential growth for export-focused sectors.
Trade pact possibilities boost Indian export stocks amid market rally
Indian exporters, particularly in IT and textiles, saw a significant surge on Thursday following reports of an impending India-US trade pact. This potential deal could drastically lower US tariffs on Indian goods, boosting export prospects.
KPR Mill, Trident & other textile stocks surge up to 13%. Is the US-India trade deal finally coming close?
Textile shares including KPR Mill, Trident, Raymond Lifestyle, and Gokaldas Exports jumped as investors bet on progress in the India-US trade deal, following President Trump’s Diwali call with PM Modi and assurances on trade and Russian oil purchases.
KPR Mill, Raymond & other textile stocks surge up to 7%. Is India-US trade deal on the way?
Textile stocks, including KPR Mill, Trident, Raymond Lifestyle, and Gokaldas Exports, surged up to 7% amid hopes of a US-India trade deal. Positive triggers include the India-UK FTA, reduced GST on garments, and efforts to diversify exports amid US tariffs on Indian textiles.
RIL-owned Alok Industries shares rally 15% after Trump imposes 35% tariff on Bangladesh
Alok Industries surged 15% after the U.S. imposed 35% tariffs on Bangladeshi imports, boosting Indian textile sentiment. Backed by Reliance, Alok outperformed indices in 3 months but remains volatile. Its strong recent gains lifted it above key technical averages. Other textile stocks also drew investor attention.
Sensex rises! These stocks gained over 10% on BSE
In the Nifty 50 index, 25 stocks ended in the green, while 25 stocks closed in the red in today's trade.
Gokaldas Exports, KPR Mill, other textile stocks rally up to 19% on optimism of zero-tariff access to UK market
Gokaldas Exports led the rally, jumping 18.8% to ₹1,013 on the BSE. KPR Mill rose 10.1% to ₹1,122.05, and Arvind Ltd gained 5.8% to ₹387. The rally was fueled by optimism that zero-duty access to the UK market will boost Indian textile exports and enhance competitiveness against countries like Bangladesh and Vietnam.
Textile stocks surge on likely market share gain
Shares of Indian textile and garment companies surged amidst political unrest in Bangladesh, raising hopes of potential benefits for India. Analysts remain cautious about short-term gains, highlighting uncertainties about India's production capacity and brands’ reaction. Textile stocks have shown strong returns this year, but current market gains could be short-lived.
String theory of Bangladesh crisis! Textile stocks rally up to 20%
Amid political turmoil in Bangladesh potentially driving textile companies to outsource to countries like India, textile stocks surged on Tuesday. Gokaldas Exports, Century Enka, and SP Apparels saw gains of up to 18%. Gokaldas Exports hit a 52-week high of Rs 1,089.40 on the NSE, driven by expectations of increased textile exports from India.
Many high flyers on D-Street could log over 30% gains
According to analyst consensus estimates available on Bloomberg, 15 stocks, tracked by over 10 brokerage houses, could return between 17% and 34% in 2024.
Gokaldas Exports shares jump 20% as co plans to buy UAE-based apparel maker Atraco
Headquartered in Dubai, apparel manufacturer Atraco operates with a network of four manufacturing units in Kenya and one in Ethiopia, GEL said in a statement.
Multibagger smallcap stock hits 20% upper circuit on acquisition deal
The equity value of the deal being done through Gokaldas Exports' subsidiaries is $55 million and will be funded by a mix of debt and internal accruals. The transaction is expected to be closed by Q3 FY24.
Sensex falls! But these stocks rallied over 15% on BSE in today's trade
In the Nifty50 index, 20 stocks closed in the green, while 30 stocks ended in the red.
Sensex falls! But these stocks gained over 10% on BSE
In the Nifty 50 index, 20 stocks ended in the green, while 30 stocks closed in the red in today's trade.
Sensex falls! But these stocks gained over 10% on BSE
In the Nifty 50 index, 11 stocks ended in the green, while 38 stocks closed in the red in today's trade.
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