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February 11, 2026

Textile stocks fall up to 6% for second day. How serious is the Bangladesh threat?

Shares of textile majors such as Gokaldas Exports, Pearl Global, Kitex Garments, Arvind Fashions and KPR Mill, among others, tumbled up to 6% on Wednesday, extending losses for a second straight session after neighbouring Bangladesh signed a trade agreement with the U.S., securing a reduced 19% tariff and exemptions on select textiles and garments made using materials sourced from the country.Under the agreement, textiles manufactured in Bangladesh using U.S.-produced cotton and man-made fibre will attract zero reciprocal tariffs in the U.S. market. The development is being viewed as negative for Indian manufacturers, as it could intensify competitive pressures.However, domestic brokerage JM Financial sought to calm investor nerves, noting that Bangladesh has always been, and was expected

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