03 Feb , 2026 By : Debdeep Gupta
The shares of export-oriented textile and shrimp feed companies rallied in trade on February 3 after India and US concluded their much-awaited bilateral trade agreement, reducing the tariffs on Indian imports from 50 percent to 18 percent.
These companies derive a major portion of their revenue from exports to the US. After seeing a sharp decline earlier when US President Donald Trump hiked tariffs on Indian exports, these stocks are seeing massive surge today.
Gokaldas Exports shares jumped 20 percent to hit the upper circuit at Rs 694.05 apiece. K.P.R. Mill shares were also locked in the 20 percent upper circuit at Rs 1,030.80 apiece.
Avanti Feeds and Apex Frozen also rallied 20 percent, while Coastal Corporation shares hit the 5 percent upper circuit.
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