Raymond to Dr Reddy's: Textiles, pharma stocks bear tariffs brunt

added a post in Business

2025-08-05 23:18:15 -

Following US President Trump's tariff announcement, Indian pharmaceutical and textile companies experienced significant stock declines. Gokaldas Exports saw the steepest fall at 15.9%, with other textile players like Vardhman Textiles and Welspun Living also facing value erosion. While pharma is currently exempted, threats of future duties have negatively impacted stocks of Aurobindo Pharma,...

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