RIL-owned Alok Industries shares rally 15% after Trump imposes 35% tariff on Bangladesh
Alok Industries surged 15% after the U.S. imposed 35% tariffs on Bangladeshi imports, boosting Indian textile sentiment. Backed by Reliance, Alok outperformed indices in 3 months but remains volatile. Its strong recent gains lifted it above key technical averages. Other textile stocks also drew investor attention.