Vardhman Textiles, Gokaldas Exports to KPR Mill: Textile stocks jump up to 6% after cotton import duty exemption
New Delhi, June 1 -- Vardhman Textiles, Gokaldas Exports, KPR Mill, Trident and other textile stocks jumped over 6% in early trade on Monday after the government exempted all customs duties on cotton imports for five months till October 30, 2026.
Among textile stocks, Vardhman Textiles share price jumped over 6%, followed by Pearl Global Industries, Raymond Lifestyle and Trident shares rallying over 5%.
Gokaldas Exports, KPR Mill and Welspun Living shares gained over 4% each, while Alok Industries share price surged over 3%.
In a notification issued on Saturday, the finance ministry said the import duty exemption will be effective from June 1, 2026.
The temporary duty exemption will help increase the availability of cotton for the Ind...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.