Gokaldas Exports

In case of lower US tariffs, shares from IT, gems & jewellery, shrimps and textile-related sectors are likely to benefit, believe analysts.

India and the UK have set themselves a target to double trade by 2030, which will help textile companies to diversify in new markets and grab more opportunities in the coming years.

The textile manufacturer produces about 90 million garments annually, with exports to the US, Canada, the UK and France

Welspun Living, Gokaldas Exports, Pearl Global, Vardhman Textiles, Trident, Kitex Garments, Nahar Spinning and Himatsingka Seide rallied between 5 per cent and 12 per cent.

Textile stocks rallied in Tuesday's intra-day trade after the finance ministry removed the 11 per cent duty on raw cotton imports for a period of 42 days till September 30, 2025.

The recently announced revised reciprocal tariff by the US on India is expected to pose a challenge in the second half of this financial year, the management said.

In the past week, textile stocks have fallen by up to 18 per cent following Trump's announcement of a 25 per cent tariff

In the medium to long term India's tariff rate are competitive with other major exporting countries and hence exports order will normalise once tariff effect gets absorbed in the market.

Titan, Gokaldas Exports, Welspun Living, Goldiam International and Indo Count are likely to decline up to 27% from here, as stocks break below key support levels; show technical charts.

The management said there is a considerable amount of effort required to improve the margins further over the next few years as the company continue to consolidate and grow the business

Here's a technical outlook on 5 stocks across the auto, textiles and alcoholic beverages sector. Check stocks & strategy.

India and the United Kingdom (UK) on Tuesday announced the conclusion of talks for a free trade agreement (FTA) that will boost strategic and economic ties between the countries.

US President Donald Trump's tariff imposition decision gives India's textile industry a competitive edge as its competitors like Vietnam, Bangladesh and China will face higher tariffs

The stock has rallied nearly 40% in one month as the company expects better volume in its two acquired entities in the coming quarters, with a sustained stable performance going forward

Bangladesh crisis news, textile shares: This will provide a sentimental boost for related stocks, though the rally should not be chased on this trigger alone, analysts said

With the strategic investment in BTPL, Gokaldas Exports intends to stand largely self-reliant in fulfilling its raw material requirements for manufacturing

Readymade garment manufacturer and exporter Gokaldas Exports (GEL) on Friday said it has signed a definitive agreement to acquire the apparel business of Matrix Clothing for an enterprise value of Rs 489 crore. Through this deal, GEL will get access to the knit apparel business segments, a mutually exclusive global customer base, greater access to European and the UK markets, geographical diversification and low-cost capacity expansion potential in the future, according to a statement. GEL inked a pact with Matrix Clothing Pvt Ltd (MCPL) to acquire 100 per cent of the equity share capital of Matrix Design & Industries for an enterprise value of Rs 489 crore, out of which Rs 247.5 crore is being paid by way of preferential allotment of shares of Gokaldas Exports through a share swap, the company said in the statement. Matrix Clothing Group is a manufacturer of high-quality knitwear apparel for renowned brands with major geographical exposure to Europe, the UK, and North ...

The management is expecting a positive momentum for in the calendar year 2024 and expects sequential growth to pick up over the next quarters

On Tuesday, the readymade garment manufacturer and exporter entered into an agreement to acquire Atraco Group for $55 million

Extending its rally for the second straight session, shares of Gokaldas Exports on Wednesday settled more than 18 per cent higher a day after the company said it has entered into an agreement through its wholly-owned subsidiaries to acquire UAE-based Atraco Group. The stock of the company opened on a bullish note at Rs 780, then gained further ground and rallied 18.68 per cent to close at Rs 873.85 apiece on the BSE. On the NSE, it zoomed 14.78 per cent to end at Rs 844 per share. During the day, it touched a 52-week high of Rs 883.55 and 882.40 per piece on the BSE and NSE, respectively, for the second consecutive day. On the volume front, 8.46 lakh shares were traded on the BSE, while more than 1.21 crore shares were traded on the NSE, during the day. The company commanded a market valuation of Rs 5,300.03 crore on the BSE. The 30-share BSE Sensex and Nifty closed on a flat note at 65,087.25 and 19,347.45 points, respectively. On Tuesday, Readymade garment manufacturer and exp