The FinTech Hub
Source: Live Mint Stock market today: Indian textile stocks traded in the green despite the higher-than-expected tariffs imposed by the Donald Trump administration on India. However, the 26% duty on Indian exports makes it one of the least-tariffed Asian exporters. Other major Asian exporters face even steeper tariffs, with China now subject to a 54%…
Source: Live Mint Shares of Pearl Global Industries (PGIL) regained momentum in Friday’s trading session, surging 7.23% to ₹939.80 per share after the domestic brokerage firm Avendus Spark Institutional Equities initiated coverage with a ‘buy’ rating. The brokerage set a target price of ₹1,350 on the stock, signalling an upside potential of 54% from its…
Source: Live Mint The political crisis in Bangladesh, a major exporter of ready-made garments (RMG), drove several listed Indian textile stocks to new 52-week highs in July and August. This surge reflects anticipation that the unrest in Bangladesh could lead large RMG brands and retailers to reassess their supply chains and reduce dependence on the…
