Shares of textile companies such as Gokaldas Exports, Vardhman Textiles, Arvind, Welspun Living, Kitex Garments, Indo Count Industries and Trident fell as much as 6 percent on Tuesday after the government capped benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme at 50 percent of the notified rates and value limits, […]
Textile stocks traded mixed on Monday with Gokaldas exports falling 3% to touch the day’s low of Rs 766.25 on the National Stock Exchange (NSE), while Indo Count and KPR Mill fell to 1.3% in early trade as uncertainty over tariff impact loomed. In contrast, Welspun Living rose 4.5% to hit the day’s high of […]