Textile stocks were in focus on Monday, February 23 led by Kitex Garments that rose by 10.4%, Welspun Living increased by 4.2%, and Trident climbed by 7.5% after the US Supreme Court declared the Trump tariffs illegal. Shortly after this decision, former President Trump announced a new 15% global tariff that would affect all countries….
Investors are differentiating within the textile sector, rewarding companies that are reshaping their business models and positioning early for tariff relief and global supply-chain realignment, even if near-term earnings remain under pressure. Year to date, Welspun has gained nearly 5.4% and Indo Count 8%, while Himatsingka and Trident share prices have dropped 4.4% and 1.7%,…
Textile stocks extended their losing run to the second day on Wednesday, February 11, as they dropped up to 5% following an 11% decline in the previous session. The fresh bout of selling came after the finalization of the US–Bangladesh trade deal on February 10. Pearl Global share price emerged as the worst performer in…
Multibagger KPR Mill, one of India’s largest vertically integrated textile players, rewarded its shareholders as the company announced second interim dividend of ₹2.50 per equity share, representing 250% of the face value of ₹1 per share, for the financial year 2025–26, while announcing its December quarter performance. The company has also set the record date…
Export-focused textile stocks like Gokaldas Exports, Welspun Living, and KPR Mills, which have been in a steady uptrend since the trade deal announcement last week, extended their bull run on Monday, February 9, after the confirmation of an interim India–US trade pact. Textile exports to the US now attract a lowered tariff of 18%, thereby…
Textile stocks rallied up to 20% in intraday deals on Tuesday, February 3, as the sector is being seen as one of the biggest beneficiaries of the India-US trade deal announced late last evening. Source
Alok Industries share price: While the Indian stock market continued to trade with losses for the fourth straight session on Thursday, January 8, amid uncertainty over the India–US trade deal, lack of fresh domestic triggers, and rising geopolitical tensions, select textile stocks managed to attract attention, with most of them trading higher. Alok Industries, one…
