Gokaldas Exports Plunges 12%, Biggest Fall in 6 Years Amid US Trade Uncertainty

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CNBC Awaaz•08-01-2026, 13:18
Gokaldas Exports Plunges 12%, Biggest Fall in 6 Years Amid US Trade Uncertainty
- •Gokaldas Exports Limited stock crashed over 12% today, marking its largest single-day fall since April 2020.
- •The stock is now trading at an approximately 29-month low and is down nearly 50% from its peak.
- •Uncertainty over US trade deals and upcoming Q3 results are heavily impacting export-oriented companies.
- •US tariffs up to 50% on Indian exports and a January 15 deadline for securing large US orders add to investor concerns.
- •Other export firms like Avanti Feeds, Pearl Global, and Apex Frozen Foods also saw significant declines.
Why It Matters: Gokaldas Exports faces sharp decline due to US trade uncertainty and tariffs, impacting other exporters.
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