Gokaldas Exports Share Price Jumps 18% Today as Textile Stocks Surge in Stock Market Today

The Gokaldas Exports share price took centre stage in the stock market today, extending its sharp upward momentum for the second straight session.

The stock surged over 18% on Wednesday, February 4, following a 20% rally in the previous trading session. In just two sessions, Gokaldas Exports has climbed more than 40%, making it one of the strongest performers in the textile space.

This sharp move comes as optimism builds around the India–US trade agreement, which has significantly improved sentiment across export-oriented textile stocks.

Market Performance: Gokaldas Exports Share Price in Focus

Gokaldas Exports opened strong and continued to attract buying interest through the session.

• Intraday high: ₹827
• Intraday gain: up to 18.5%
• Two-day surge: around 43%

The stock’s move reflects broader enthusiasm in textile counters as tariff-related concerns ease and export visibility improves.

In the stock market today, the textile sector emerged as one of the most closely tracked segments.

Main News: India–US Trade Deal Lifts Textile Sector Mood

The rally in the Gokaldas Exports share price is closely linked to the newly announced India–US trade arrangement.

Under the agreement:

• Reciprocal tariffs on Indian goods will be reduced to 18% from 25%
• The additional 25% duty on imports of Russian crude oil will be removed
• The agreement is effective immediately, as confirmed by US President Donald Trump

For textile exporters, this is a major sentiment trigger. A large part of the industry earns 50% to 70% of total revenue from the US market, making tariff changes highly impactful for earnings visibility.

The easing of trade barriers has brought textile stocks back into focus in the stock market today, with sharp reactions seen across multiple names.

Budget Push Adds Momentum to Textile Stocks

Adding to the positive mood, the Union Budget 2026–27 introduced a fresh policy boost for the textile sector.

Finance Minister Nirmala Sitharaman announced plans to set up Mega Textile Parks under a challenge-mode framework.

Key highlights of the initiative include:

• Focus on integrated infrastructure
• Emphasis on value addition
• Part of a broader five-pronged policy framework
• Aimed at strengthening employment-intensive textile manufacturing

These proposed parks are expected to support scale, compliance, traceability, and exports, reinforcing long-term sector confidence.

This Budget announcement further strengthened sentiment around textile stocks, including Gokaldas Exports, during the stock market today.

Textile Stocks Movement Alongside Gokaldas Exports

The rally was not limited to a single counter.

While Gokaldas Exports share price led the gains, other textile stocks also witnessed notable moves:

• Kitex Garments: jumped 14%
• Adhinath Textiles: locked in an upper circuit
• Trident: gained over 3.5%
• KPR Mills: traded largely flat
• Welspun Living: declined more than 6%
• Vardhman Textiles: slipped over 3%
• Indo Count Industries: fell over 2%

The mixed intraday performance highlights selective participation, even as overall sector sentiment remains constructive.

Company Details: Gokaldas Exports Q3 FY26 Financial Snapshot

While the stock surged sharply, Gokaldas Exports’ Q3 FY26 financial performance showed pressure on profitability.

Revenue

• Revenue from operations declined 0.92% YoY
• Reported at ₹978.65 crore

Net Profit

• Consolidated net profit fell 70.97% YoY
• Stood at ₹14.61 crore, compared with ₹50.34 crore in Q3 FY25

EBITDA & Margins

• EBITDA: declined 18% YoY to ₹96 crore
• EBITDA margin: contracted by 202 basis points YoY
• Margin for Q3 FY26 stood at 9.7%

The margin pressure was attributed mainly to the impact of US tariff rebates.

Operational Performance: India vs Africa

Gokaldas Exports highlighted contrasting trends across its geographies during the quarter.

• India operations:
  • Delivered 8% YoY growth
  • Showed resilience despite the first full-quarter impact of US tariffs
• African operations:
  • Faced uncertainty around the African Growth and Opportunity Act (AGOA)
  • Impacted by supply chain disruptions

These factors weighed on consolidated profitability, even as demand in certain pockets remained steady.

Why Gokaldas Exports Share Price Is in Spotlight in Stock Market Today?

The sharp rally in the Gokaldas Exports share price reflects a shift in near-term market sentiment rather than company-specific developments alone.

Three key factors stood out:

• Immediate tariff relief under the India–US trade deal
• High US revenue exposure within the textile sector
• Policy support announced in the Union Budget

Together, these developments have revived interest in textile exporters in the stock market today.

Summary: What This Move Means for Textile Stocks?

• Gokaldas Exports share price surged over 40% in two sessions
• The rally follows easing India–US trade tariffs
• Textile stocks saw strong but selective participation
• Q3 FY26 earnings showed pressure on margins and profits
• Budget announcements added policy-led optimism

As the stock market today continues to react to global trade developments, textile exporters remain firmly on investors’ radar, with Gokaldas Exports leading the narrative this week.

Source: Livemint