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%,…
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…
