3 Indian Stocks to Watch as India-US Trade Agreement Announced

#1 Gokaldas Exports

The US is India's largest market for textiles and garments, with around 28% of India's textile exports going there. Lower tariffs improve price competitiveness and boost orders.

Gokaldas Exports is a leading apparel manufacturer designing, manufacturing, and exporting a diverse range of apparel products for all seasons. The company exports to a number of the world's most prestigious fashion brands and retailers in more than 50 countries.

According to CNBC TV 18, almost 70% of Gokaldas' revenues comes from the US.

Stock Movement of Gokaldas Exports

The stock of Gokaldas Exports has reacted positively to the India-US trade agreement announcement. The stock has hit the upper end of the 20% circuit filter limits, with only buyers.

Financial Highlights of Gokaldas Exports

In Q3 FY26, Gokaldas Exports reported a revenue of Rs 9,787 m, compared to Rs 9,878 m in the same period last year. However, the company reported a sharp drop in consolidated net profit to Rs 146 m compared to Rs 503 m in the same period last year.

Q3 FY26 was the first full quarter impacted by the steep 50% US tariff on India and the expiry of AGOA which provided duty-free access from Africa to the US.

The expiry of AGOA, impacted the order book for Africa in Q3, resulting in a dip in revenue from the region. Further, Gokaldas Exports faced some supply chain disruptions in Africa, which impacted the business in the region.

Imposition of incremental reciprocal tariff on Asian countries from August 2025 resulted in Africa regaining its tariff advantage.

For the quarters ahead, Gokaldas Exports has the visibility of strong order book for both India and Africa business. On the margin front, the favourable India-US trade deal will help margins improve for the company going forward.

The recently announced India-EU FTA will also open access to an important market for the company, placing Indian exporters at par with key competing countries like Bangladesh, Vietnam, and at a 12% duty advantage with China.

#2 Avanti Feeds

Next on our list is Avanti Feeds.

Avanti Feeds is a leading Indian company in the aquaculture sector, specialising in shrimp and fish feed manufacturing, hatcheries, farming, and processing.

The seafood industry is a big winner of the India-US Trade deal, especially for prawns and frozen foods. Lower tariffs should lower the cost of goods that arrive in the country, which should help demand recover and make earnings more visible.

A recent presentation in November 2025 showed that North America accounted for 66.9% of processed shrimp sale by regions in Q2FY26 for Avanti Feeds.

Stock Movement of Avanti Feeds

The stock of Avanti Feeds has rallied 14% since the announcement. A strong share price reaction suggests the market expects improved earnings and export growth once tariff barriers come down for Indian seafood exporters.

Financial Highlights of Avanti Feeds

On the financial front, consolidated revenues in Q2 FY26 grew 19% YoY at Rs 16,097 m, mainly aided by strong volume growth in shrimp processing and export business.

EBIT rose to 40.3% YoY at Rs 2,280 m. Profit after tax grew 38.9% YoY to Rs 1,688 m from Rs 1,214 m with margins at 10.5%.

Moving forward, Avanti Feeds has begun importing fish feed from Thai Union Feed Mill Company Limited and testing its commercial viability and conditions in India. Production in India will be started for domestic sales as soon as the product's viability and performance are established.

The management has stated that Avanti Feeds will prioritise value-added products with high margins in order to capitalise on emerging markets.

Overall, the reduction in US tariffs restores its competitiveness in its largest export market, which should help recover shrimp export volumes and margins in the near term.

#3 International Gemmological Institute

Next on our list is the stock of Gemmological Institute (IGI).

The India-US tariff reduction is expected to make Indian gems and jewellery more competitive in the US market by lowering the cost disadvantage exporters faced under earlier high tariffs.

IGI, as a leading certification authority for diamonds, coloured gemstones, lab-grown diamonds, and jewellery, benefits when export volumes rise because each shipment often requires grading / certification before entering foreign markets.

Stock Movement of PGI

The stock has reacted positively to the India-US trade agreement announcement. The stock of IGI has rallied 10% since the announcement.

Financial Highlights of International Gemmological Institute

The company follows the calendar year for financial reporting.

In Q4 FY25, compared to Q4 FY24, the company reported a 21% growth in revenue from operations and 26% growth in EBITDA with 3.21 million reports.

The company has delivered a strong volume growth of 11% over the previous year. The business has seen strong revenue growth across its segments. The lab grown sector saw growth at 35% and the natural diamond at 45% versus the previous year.

The net profits for Q4 FY25 were Rs 1,346 m vs Rs 1,138 m YoY.

Moving ahead, IGI in a recent investor presentation on 2 February 2026 said that it has fresh leadership inducted into the US team and the same would be a strategic priority for 2026.

At the moment most of the market share is, from the India market, though the company continues to focus on larger geographies as well.

Conclusion

Export-oriented stocks have grabbed the market's attention after the US-India tariff deal.

The key positive is a meaningful reduction in US tariffs on Indian goods, which improves price competitiveness and margins for Indian exporters.

But the deal's finer details are still evolving, global demand conditions are uncertain, a stronger rupee can reduce export gains, and many stocks have already rallied, limiting near-term upside.

Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.

Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. Learn more about our recommendation services here...