Synopsis:
With reports suggesting that a potential India-US Trade Deal is approaching soon, stocks like Waaree Energies, Gokladas, and some other stocks are in focus.
As reports suggests that a potential trade deal between India and USA is on the edge, in this article, we will dive into three companies that have high exposure to the US and derive a large chunk of their revenue from it which might greatly benefit from this positive development.
According to reports, a potential trade deal between India and the US might be announced very soon, which would reduce American tariffs on Indian goods from a hefty 50 percent to a much lower bracket of 15-16 percent. The trade deal is likely to be finalized in the upcoming ASEAN summit, which is scheduled to be held by this month.
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