India's Gokaldas Exports falls on US tariff concerns

Gokaldas Exports

08/01/2026 06:55

** Gokaldas Exports GOKL.NS falls 11.5% to 609 rupees, its lowest since August 2023

** U.S. President Donald Trump warned of higher tariffs on Indian goods over Russian oil purchases, even as New Delhi seeks a trade deal with Washington

**A bipartisan U.S. bill backed by President Donald Trump proposes imposing up to 500% tariffs on countries that buy Russian oil and related products, but it is still pending congressional approval

** Revenue from U.S. accounts for more 60% of the overall revenue for Gokaldas Exports

** More than 1.84 million shares change hands vs 30 day avg of 265,720 shares

** Stock fell 34.5% in 2025

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))