JM Financial slashes Gokaldas Exports target by 20% after Trump tariff shocker

JM Financial has revised the earnings and price target for Gokaldas Exports due to the 50% Trump tariff shocker. However, they maintain a Buy rating as sourcing diversification and FTA negotiations with the EU and US could offset the near-term challenges. Gokaldas Exports management expects margins to normalize in FY27 and other key drivers include […]