India's Global Surfaces sees benefit from U.S. tariffs; stock rises

Global Surfaces

09/04/2025 10:25

** Shares of engineered quartz maker Global Surfaces GLOF.NS rise as much as 3.3% to 115.80 rupees after co sees benefit from U.S. tariffs

** Co's UAE unit will benefit from new tariffs imposed by U.S. compared to competing manufacturers in Vietnam, China, Malaysia and Thailand - GLOF

** Adds, reciprocal tariff rates of 10% on UAE is lower compared to makers in other countries, giving "pricing advantage" to co

** Stock last up 3.1%, cutting YTD losses to 31.5%

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))