Textile Stocks and Shrimp Shares Jump as Trump Signals India–US Trade Deal Soon

The market opened with renewed energy today, and the spotlight shifted quickly toward textile stocks and shrimp exporters.

A single comment from US President Donald Trump set off a wave of buying interest, lifting shares across these export-heavy sectors on the NSE and BSE.

His remarks on India and a potential trade agreement triggered a sharp shift in sentiment—especially for companies that depend heavily on the US market.

Market Performance: Textile and Shrimp Stocks Back in Focus

The mood across the broader market stayed steady, but export-oriented stocks saw a noticeable surge after Trump’s comments.

The fresh optimism came after a long phase of subdued movement in these names, especially those hit earlier by steep import tariffs imposed by the US.

Stock-specific moves stood out clearly:

• Apex Frozen share price jumped more than 4%, trading around ₹248
• Coastal Corp share price moved up over 2%
• Avanti Feeds share price erased earlier losses, turning green
• Gokaldas Exports share price gained nearly 4%
• Pearl Global share price also rose around 4%
• Raymond Lifestyle share price climbed more than 2%
• KPR Mill share price recovered most of its losses, trading nearly flat

These sharp movements placed textile stocks, shrimp stocks, and multiple export names among the most tracked counters of the day.

Main News: Trump Mentions India–US Trade Deal Possibility

The rally began shortly after Trump’s address at the APEC CEO Summit in South Korea.

During his speech, Trump said he holds “great respect” for Indian Prime Minister Narendra Modi and added that he is going to “do a trade deal with India.”

The statement alone was enough to revive confidence in sectors that depend on the US for a significant share of their revenue.

He also spoke about his earlier conversations with PM Modi regarding regional issues and referred to him as the “nicest looking guy” and “like a father.”

While these comments were short, the reaction they sparked across the market was immediate.

Why Textile Stocks and Shrimp Exporters Rallied

The reason behind the surge is rooted in recent history.

Export-led companies—especially in textiles and seafood—faced a tough phase when the US raised tariffs on certain Indian goods to 50%, citing India’s continued oil purchases from Russia.

That move weighed heavily on revenues for these players, many of whom rely on the American market for a large share of business.

Trump’s new comment created hopes of a possible reversal or reduction in those tariffs, which directly lifted market sentiment.

The impact was clearly visible in the day’s trades:

Shrimp Stock Moves

• Apex Frozen (NSE/BSE): +4%
• Coastal Corp (NSE/BSE): +2%+
• Avanti Feeds (NSE/BSE): Recovered from -2% to green

Textile Stock Moves

• Gokaldas Exports (NSE/BSE): +4%
• Pearl Global (NSE/BSE): +4%
• Raymond Lifestyle (NSE/BSE): +2%+
• KPR Mill (NSE/BSE): Flat after recovery

The overall tone across the sector shifted from cautious to optimistic within hours.

Company Details: Export-Oriented Players Drive the Momentum

The companies benefiting today share one common thread—they are deeply linked with global trade cycles.

Textile exporters like Gokaldas Exports, Pearl Global, Raymond Lifestyle, and KPR Mill have strong exposure to US clients.

On the seafood side, Apex Frozen, Coastal Corp, and Avanti Feeds rely heavily on overseas orders, particularly from North America.

For these businesses, tariff movements directly impact:

• Pricing
• Order volumes
• Margins
• Shipment timelines

So even a hint of a US–India trade deal was enough to drive immediate change in the way traders viewed these stocks.

Summary of the Article

• Trump hinted at an upcoming trade deal with India, praising PM Modi.
• His comment triggered a rally across textile stocks and shrimp exporters.
• Apex Frozen, Gokaldas Exports, Pearl Global, Raymond Lifestyle, Coastal Corp, Avanti Feeds, and KPR Mill were among the top movers.
• Many of these companies had earlier seen pressure due to 50% US import tariffs.
• The renewed optimism boosted sentiment across NSE and BSE counters dependent on the US market.