Indo Count Inds

** India's textile stocks rise after Motilal Oswal initiates coverage, saying the sector's addressable opportunity has expanded following free trade agreements and tariff shifts

** Brokerage assigns "buy" ratings to Gokaldas Exports GOKL.NS, Indo Count ICNT.NS, Arvind ARVN.NS, Pearl Global PGIL.NS and Welspun Living WLSP.NS

** Starts Vardhman Textiles VART.NS, KPR Mill KPRM.NS and Trident TRIE.NS at "neutral"

** GOKL, ICNT, ARVN, PGIL and WLSP gain between 2.4% and 10%, while VART rises 1.3%, KPRM jumps 8% and TRIE adds 4.6%

** Motilal projects a 12-month rise of 36% for GOKL, 39% for ICNT, 30% for ARVN, 28% for PGIL and 23% for WLSP

** Says export growth is set to recover, supported by trade agreements with the UK and European Union and favourable tariff realignments

** With India holding only 4%-5% of global apparel trade, the brokerage sees scope for share gains

** Lower additional U.S. tariffs of around 10% for India compared to the 50% threatened in mid-2025, levels the playing field with competitors such as Bangladesh (19%), Indonesia (19%) and Vietnam (20%), says Motilal Oswal

(Reporting by Bharath Rajeswaran in Bengaluru)

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** Shares of India's textile manufacturers rise 1.3% to 4.1% as UK-India trade deal set to take effect next month

** India said its concerns over the UK's forthcoming steel tariff regime, ‌which threatened to delay implementation of the agreement, have been addressed

** Vardhman Textiles VART.NS up 1.6%; Welspun Living WLSP.NS rises 4.1%; Trident TRIE.NS gains 1.6%

** Indo Count Industries ICNT.NS rises 2%; Sportking India SPOT.NS jumps 1.3%

** YTD, VART up 45.4%, WLSP up 15.5%, TRIE down 5.2%, ICNT up 23.8%, and SPOT up 106.8%

(Reporting by Abhinav Parmar in Bengaluru)

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** Shares of India's textile manufacturers rise 5% to 11% after the scrapping of cotton import duty

** India scraps customs duties on cotton imports for five months seeking to boost supplies for textile exporters amid strong overseas demand for yarn

** Vardhman Textiles VART.NS up 6.1%; Welspun Living WLSP.NS rises 5.2%; Trident TRIE.NS gains 3%

** Indo Count Industries ICNT.NS rises 7%; Sportking India SPOT.NS jumps 11.2%

** YTD, VART up 41.1%, WLSP up 11.4%, TRIE down 7.1%, ICNT up 17.8%, and SPOT up 109.9%

(Reporting by Abhinav Parmar in Bengaluru)

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**Indian textile stocks fall as much as 2.3% on Thursday

**Decline comes after U.S. President Donald Trump's administration launches new trade investigation into excess industrial capacity in 16 major trading partners, including India

**The "Section 301" unfair trade practices investigation could lead to new tariffs imposed against the countries

**Indian textile exporters have significant exposure to the U.S., making them vulnerable to trade restrictions

**Welspun Living leads losses with 2.3% drop, trailed by a 2% decline each in Alok Industries ALOK.NS and Arvind ARVN.NS

** Indo Count ICNT.NS and Gokaldas Exports GOKL.NS down about 1% each; benchmark Nifty 50 .NSEI falls 0.53%

**YTD, WLSP down 11.3%, ALOK down 18.9%, ICNT down 14.2%, ARVN up 3.5% and GOKL down 18.8%

(Reporting by Mridula Kumar in Bengaluru)

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March 11 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• TAX DEPARTMENT HAS INITIATED INSPECTION/SEARCH OF PREMISES OF CO

• PROCESS CURRENTLY UNDERWAY, CO EXTENDING FULL COOPERATION

• NO IMPACT ON FINANCIALS, BUSINESS OPERATIONS OR ANY OTHER ACTIVITIES

Source text: ID:nBSE4L7L3m

Further company coverage: ICNT.NS

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Feb 13 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• DEC-QUARTER CONSOL NET PROFIT 244.3 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.63 BILLION RUPEES

Source text: ID:nBSE5rCWC6

Further company coverage: ICNT.NS

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** Indian textile stocks fall between 2.8% and 7%

** Stocks fall after Bangladesh, U.S. sign trade deal that exempts some textile and apparel exports from tariffs if they use American cotton or man-made fibres

** Garment producer Gokaldas Exports GOKL.NS down 7%

** Home textiles producer Welspun Living WLSP.NS down 6%, Arvind ARVN.NS falls 5.2%, while Vardhman textiles VART.NS drops 4.7%

** Trident TRIE.NS, Indo Count Industries ICNT.NS down about 3% each; KPR Mill KPRM.NS sheds 2.8%

** "Investors appear to be reacting to some of the tariff exemptions given to Bangladesh. However, details remain scant and we may not see a material impact for India's large textile players," says Prerna Jhunjhunwala, VP - Lead - Textiles and Retail Sector at Elara Capital

** As of Monday, textile stocks rose between 10% and 45% from February 2, when India-U.S. trade deal was announced

(Reporting by Nandan Mandayam in Bengaluru)

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** Shares of Indian textile stocks rise between 0.5% to 3.6%

** Alok Industries ALOK.NS up 0.5%, Trident TRIE.NS gains 2.02%, Gokaldas Exports GOKL.NS climbs 3.6% and Arvind Ltd ARVN.NS rises 3.5%

** The U.S. and India agreed on an interim trade framework that lowers tariffs on key Indian exports, including textiles and apparel, to 18%

** The U.S. is India's largest textile export market, with shipments worth about $10.5 billion, largely driven by apparel -- India govt statement

** YTD, ALOK down 0.2%, TRIE up 3.6%, GOKL gained 5.3% and ARVN up 16.1%

(Reporting by Surbhi Misra in Bengaluru)

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** Shares of Indian textile stocks jump between 8.5% and 20%

** U.S. President Donald Trump on Monday announced a trade deal with India, slashing tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade barriers

** Indo Count ICNT.NS and KPR Mills KPRM.NS lead gains among pack, jumping 20%

** Gokaldas Exports GOKL.NS, Welspun Living WLSP.NS zoom 19% each

** Trident TRIE.NS, Arvind ARVN.NS surge 13% each

(Reporting by Kashish Tandon in Bengaluru)

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** Shares of Indian textile makers rise as India-EU trade deal expected to benefit them

** Welspun Living WLSP.NS, Indo Count Industries ICNT.NS, and KPR Mill KPRM.NS rise 6%, 4.5% and 4%, respectively; Trident TRIE.NS, Arvind ARVN.NS and Vardhman Textiles VART.NS up 2%-2.5%

** Gokaldas Exports GOKL.NS down 2.5%

** India-EU trade deal significantly positive for cos, particularly home textiles and garment players - PhillipCapital

** Deal expected to give level-playing field to Indian textile exporters, PhillipCapital says

** India exports about $7.7 billion worth of textiles and apparel to EU market, which represent ~20% of the country's textile exports

** Most Indian home textile players mainly focused on U.S. market as they face 12% duty in EU market, compared to zero duty on Vietnam, Bangladesh and Pakistan - brokerage

** PhillipCapital expects short term challenges during transition as EU has suspended preferential tariff benefits for Indian apparel exports from 1 January 2026 to 2028

(Reporting by Vivek Kumar M)

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Jan 21 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• INDO COUNT INDUSTRIES LTD - BEGINS PRODUCTION AT GREENFIELD PILLOW FACILITY IN NC

Source text: ID:nNSEb7Gs0z

Further company coverage: ICNT.NS

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** Shares of Indian textile firms fall between 2% and 5%

** Gokaldas Exports GOKL.NS loses the most among the pack, down 5.25%

** Welspun Living WLSP.NS down 3.27%, Arvind ARVN.NS falls 2.28%, KPR Mill KPRM.NS loses 1.83%

** Indo Count ICNT.NS and Trident TRIE.NS retreat 2.87% and 3.32% respectively

** Drop amid a weaker broader market, with benchmark Nifty 50 index .NSEI down 0.3% on the day .BO

** Markets unsettled over absence of a long-awaited India-US trade deal, concerns that US President Donald Trump may hike tariffs on Indian goods, analysts say

** Indian goods face up to 50% US tariffs since last year; textiles are among the key export sectors

** In 2025, GOKL shed the most among the pack, down ~35%

(Reporting by Komal Salecha and Hritam Mukherjee in Bengaluru)

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** Shares of Indian textile firms jump after U.S. President Donald Trump says his administration is continuing negotiations to address trade barriers with India

** Trump and Prime Minister Narendra Modi will likely talk in "upcoming weeks," raising hopes of a deal after weeks of discord

** Welspun Living WLSP.NS leads gains, up 8.6%, followed by Gokaldas Exports GOKL.NS, up 6.8%

** Vardhman Textiles VART.NS, Arvind ARVN.NS, KPR Mill KPRM.NS rise 5%, 3.3% and 2.1%, respectively

** Alok Industries ALOK.NS, Trident TRIE.NS and Indo Count ICNT.NS up 5.4%, 5.3% and 5.5%, respectively

** WLSP, GOKL, ICNT, TRIE derive 40%-70% of their revenues from the U.S.; the country is the biggest market for India's garment exporters

(Reporting by Manvi Pant in Bengaluru)

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** Indian textile stocks down between 1% and 3%

** Trump executive order imposes additional 25% tariff on goods from India for Russian oil trade

** KPR Mill KPRM.NS leads decline with 2.6% drop, Gokaldas Exports' GOKL.NS down 2.2%

** Welspun Living WLSP.NS, Vardhman Textiles VART.NS Indo Count ICNT.NS down ~2%; Trident TRIE.NS drops 1%

** WLSP, GOKL, ICNT, TRIE derive 40%-70% of their revenues from the U.S.

** They fell 3%-7% on July 31 when Trump announced 25% tariffs on Indian products, along with undisclosed penalty for New Delhi's trade with Moscow

(Reporting by Kashish Tandon in Bengaluru)

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Feb 12 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• NAMES MANISH BHATIA AS CFO

Source text: ID:nBSE9DGXfl

Further company coverage: ICNT.NS

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Feb 11 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• DEC-QUARTER CONSOL NET PROFIT 754.7 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 11.52 BILLION RUPEES

Source text: ID:nNSE72yTmX

Further company coverage: ICNT.NS

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** Shares of Indo Count Industries ICNT.NS settles 4.9% down at 377 rupees

** Manufacturer and exporter of bedding products says its Q2 consolidated net profit fell 29% to 815.4 million rupees ($9.7 million)

** ICNT stock, which was down 2% earlier in the day, fell as much as 5.3% after results announcement

** Day's losses trim ICNT's YTD gains to 22.5%

($1 = 84.3570 Indian rupees)

(Reporting by Nishit Navin)

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Oct 14 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• INDO COUNT INDUSTRIES LTD - ACQUIRES MODERN HOME TEXTILES INC., USA.

Source text for Eikon: ID:nBSE57pnP1

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** Shares of Indo Count Industries ICNT.NS rise as much as 3.5% to 415.30 rupees

** Bed linen co's U.S.-based unit acquires majority 81% stake in pillow and quilt manufacturer Fluvitex USA for $19.63 mln

** Adds deal gives it an option to buy the remaining stake in Fluvitex in the next 5 years

** Over 360,000 shares traded in stock's busiest day in more than a week

** ICNT last up 1.8%, extending YTD gains to 32.8%

(Reporting by Meenakshi Maidas in Bengaluru)

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July 29 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• INDO COUNT INDUSTRIES JUNE-QUARTER CONSOL NET PROFIT 778 MILLION RUPEES

• INDO COUNT INDUSTRIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 9.41 BILLION RUPEES

Source text for Eikon: ID:nBSEb1VgzM

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April 19 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• UNIT ACQUIRED GLOBAL BRAND WAMSUTTA

• COST OF ACQUISITION AT $10.25 MILLION

Source text for Eikon: ID:nBSE3KGXXb

Further company coverage: ICNT.NS

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** Shares of Indo Count Industries ICNT.NS rise as much as 8.1% to 302.80 rupees, their highest level since Oct. 18, 2021

** The home textile bed linen co on Monday reported more than 70% Y/Y jump in Q2 consolidated profit, while revenue rose nearly 20% Y/Y

** Sales volume during Q2 increased 40% Y/Y to 28.7 million metres

** ICNT has also revised its sales volume guidance upward to 90-100 million metres for FY24 from 85-90 million metres

** More than 2 mln shares change hands by 11:48 a.m. IST, 2.4x 30-day avg

** Stock last up 5.1%, bumping YTD gains to ~119%

(Reporting by Ashish Chandra in Bengaluru)

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Nov 6 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• SEPT-QUARTER CONSOL PROFIT 1.14 BILLION RUPEES VERSUS PROFIT 669.7 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.09 BILLION RUPEES VERSUS 8.44 BILLION RUPEES

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Aug 7 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• INDO COUNT INDUSTRIES LTD JUNE-QUARTER CONSOL PROFIT 737.4 MILLION RUPEES VERSUS 773.8 MILLION RUPEES

• INDO COUNT INDUSTRIES LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 7.41 BILLION RUPEES VERSUS 7.03 BILLION RUPEES

Source text for Eikon: [ID:]

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