Textile companies to take 5-10% revenue hit amid Trump’s 50% tariff, says Crisil

Textile companies to take 5-10% revenue hit amid Trump’s 50% tariff, says Crisil

India’s home textile makers could be staring at a 5–10% decline in revenue this fiscal after the US imposed 50% tariffs on August 27, according to Crisil Ratings. With exports to the US contributing nearly three-fourths of the industry’s revenue, the blow is significant, but Crisil says it could be cushioned by a few mitigating … Read more

Export-oriented shrimp, textiles stocks slide up to 12% after Trump’s 50% tariff takes effect

Export-oriented shrimp, textiles stocks slide up to 12% after Trump’s 50% tariff takes effect

Shares of shrimp and textile exporters sank as much as 12% on Thursday after U.S. President Donald Trump’s 50% tariff on Indian imports came into force, eroding competitiveness and triggering a broad selloff in some of India’s most export-dependent companies. Shares of India’s leading shrimp exporters fell, with Avanti Feeds down 4% to Rs 614.05, … Read more

Buy the dips in quality names with earnings visibility: Hemang Jani

Buy the dips in quality names with earnings visibility: Hemang Jani

“The broader market had its own sort of corrective phase, but I do think that given the fact that this event has happened and though it is an evolving situation there is a possibility that you may see a bit of a cool off and that may give a lot of comfort to investors,” says … Read more

SBI among top 10 stock picks from Axis Securities with upside potential of up to 42% – Stock Ideas

SBI among top 10 stock picks from Axis Securities with upside potential of up to 42% – Stock Ideas

Indian Railway Finance Corporation Share Price 161.43 04:01 PM | 20 Sep 2024 6.19(3.99%) Suzlon Energy Share Price 83.45 03:59 PM | 20 Sep 2024 2.49(3.07%) Indian Renewable Energy Development Agency Share Price 232.37 03:59 PM | 20 Sep 2024 2.37(1.03%) Tata Motors Share Price 970.85 03:59 PM | 20 Sep 2024 3.86(0.4%) YES Bank … Read more

7 consumer discretionary stocks hit 52-week high; rally up to 25% in a month – stoke ideas

7 consumer discretionary stocks hit 52-week high; rally up to 25% in a month – stoke ideas

Sun Pharmaceutical Industries. Share Price 1116.20 03:59 PM | 01 Nov 2023 27.61(2.53%) Bharat Petroleum Corporation. Share Price 356.90 03:59 PM | 01 Nov 2023 7.65(2.19%) Hindalco Industries. Share Price 462.70 03:58 PM | 01 Nov 2023 3.20(0.69%) Bajaj Auto. Share Price 5344.35 03:59 PM | 01 Nov 2023 30.31(0.57%) Reliance Industries. Share Price 2297.40 … Read more