Jefferies cites the near-term challenges caused by the imposition of 50% tariffs on Indian home textile exports to the US as the primary reason for the price cut on Welspun Living (Photo Source: Welspun Living) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Jefferies has maintained its 'Hold' rating on Welspun Living Ltd., on the back of a possible profitability washout due to the Trump tariff impact. The analyst has slightly lowered the price target to Rs 120 from Rs 130.

The firm cites the near-term challenges caused by the imposition of 50% tariffs on Indian home textile exports to the United States as the primary reason for the price cut. The brokerage is cautious, as the management expects a profitability washout in the short term until the punitive tariff is resolv

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