According to reports from Moneycontrol News, Societe Generale, the French bank, has acquired nearly 0.7 percent equity stake in Gokaldas Exports, the leading apparel manufacturer, via open market transactions on February 4. The investment involved 5.02 lakh shares (equivalent to 0.68 percent of paid-up equity) purchased at ₹807.18 per share for ₹40.5 crore. This strategic move comes as the textile sector benefits from favorable trade developments.
As reported by Moneycontrol News, Gokaldas Exports continued to attract buying interest after the US announced a trade deal by cutting tariff rates to 18 percent from 50 percent on Monday night, providing major relief for several export segments including textile. The stock was locked in 20 percent upper circuit for the second consecutive session, reflecting strong investor confidence in the improved trade environment. Recent market data shows the stock has gained 47.62% in February 2026, with an average positive change of 21.43% for the month, while maintaining strong momentum despite some volatility.
According to the company's annual reports, Gokaldas Exports earned more than 82 percent revenue from exporting to the United States in fiscal 2025, compared to 86 percent in the previous year. In terms of absolute numbers, exports to the US stood at ₹2,594.6 crore of total exports finished goods of ₹3,130 crore in FY25, rising sharply from ₹1,693.2 crore of ₹1,955.2 crore in FY24. The company's consolidated December 2025 net sales stood at ₹978.65 crore, down 0.92% Y-o-Y, reflecting the impact of US tariff policies on export performance.
As reported by Moneycontrol News, the US tariff impact was reflected in the quarterly numbers of October-December 2025, with profit falling sharply by 71 percent to ₹14.6 crore, down from ₹50.3 crore in the corresponding quarter of the previous fiscal. Revenue saw a marginal decline of 0.92 percent to ₹978.65 crore against ₹987.76 crore in the same quarters. The company reported an EBITDA of ₹96 crore (falling 18 percent YoY) with margins at 9.7 percent (down 202 bps YoY) in Q3FY26, impacted mainly due to US tariff rebates. The company's strategic positioning as India's largest garment exporter, with partnerships with major fashion brands including Nike, Reebok, Levi's, and Puma, continues to support its export-oriented business model despite current challenges.
According to Moneycontrol News, BNP Paribas Financial Markets has exchanged shares of multiple companies with Societe Generale via block deals on the BSE. The transactions included acquiring 20.91 lakh shares (0.07 percent stake) in Aditya Birla Capital at ₹344 per share for ₹71.93 crore, while Societe Generale sold 31 lakh shares (0.12 percent stake) in Federal Bank at ₹287 per share for ₹88.97 crore to BNP Paribas Financial Markets. Other transactions included buying 6.18 lakh shares (0.02 percent stake) in Indian Bank at ₹873 per share for ₹53.95 crore and 11.2 lakh shares (0.06 percent stake) in National Aluminium Company at ₹374 per share for ₹41.88 crore.
