Indian textile stocks zoom on India-US trade deal

KPR Mill

03/02/2026 04:03

** Shares of Indian textile stocks jump between 8.5% and 20%

** U.S. President Donald Trump on Monday announced a trade deal with India, slashing tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade barriers

** Indo Count ICNT.NS and KPR Mills KPRM.NS lead gains among pack, jumping 20%

** Gokaldas Exports GOKL.NS, Welspun Living WLSP.NS zoom 19% each

** Trident TRIE.NS, Arvind ARVN.NS surge 13% each

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))