**Gokaldas Exports: Major Rally on US-India Trade Pact** **Market Action** Gokaldas Exports has witnessed a massive surge, climbing approximately **43%** over the last two trading sessions to reach a **52-week high** range of **₹832–₹835**. This rally is underpinned by a significant bulk deal executed by **Societe Generale**, which acquired **5.02 lakh shares** valued at **₹41 crore** (approx. **₹807 per share**). The heavy buying interest triggered the stock's upper circuit limit, reflecting aggressive institutional confidence. **Key Catalyst: US Tariff Slash** The primary driver for this re-rating is the newly announced **US-India trade deal**, which slashes import tariffs on Indian textile goods from **50% down to 18%**. * **Sector Impact:** This reduction positions Indian exporters competitively against rivals like Vietnam and Bangladesh (facing ~20% duties). * **Company Benefit:** With Gokaldas Exports deriving nearly **70% of its revenue** from the US market, the tariff cut is expected to significantly boost margins and order volumes. **Financial Performance & Valuation** * **Q3 FY26 Results:** The company reported a net profit of **₹15 crore**, an **81%** sequential increase, signaling early recovery despite a **71%** year-on-year dip due to previous tariff headwinds. * **Revenue:** Quarterly revenue remained stable at **₹998 crore**. * **Valuation:** The stock currently trades at a P/E ratio of roughly **51x**, prompting some analysts to advise caution despite the bullish momentum. **Trend Reversal** Contrary to earlier signals of negative returns, the recent **40%+ rally** has effectively erased year-to-date losses. The stock has flipped from a double-digit decline to a **positive year-to-date return**, breaking past critical moving averages (50-day and 100-day) and signaling a strong short-term uptrend.