Tag: Atraco Group

BENGALURU: Shares of India's Gokaldas Exports' surged 20% to a record high on Tuesday, a day after it unveiled a deal that would help it ship apparel duty-free to its key market of the United States.Gokaldas' shares, which have already more than doubled so far this year, jumped to an all-time high of 735.35 rupees, with trading volumes that were about 13 times the daily moving average.The stock's surge came a day after the apparel manufacturer said it would buy Dubai-based Atraco Group for $55 million in a...