Stocks across multiple sectors are in focus as market participants assess potential beneficiaries from US trade tariffs, with export exposure and second-order effects expected to drive interest.
In the financials space, the impact is expected to be indirect. Improving asset quality for small and medium enterprises, along with a supportive backdrop for overall credit growth, is seen as a positive second-order outcome.
The technology sector is not expected to see a direct impact from potential US trade tariffs. However, a stronger global business environment could support incremental order inflows, particularly from large US-based Fortune 500 clients.
Among individual stocks with meaningful US exposure, Bharat Forge derives around 22% of its revenues from the US, Balkrishna Industries about 14%, Sona Comstar roughly 28%, and Waaree Energies close to 20%.
The textiles segment stands out, with companies such as Indo Count, Welspun, Gokaldas Exports, KPR Mills, Pearl Global, and SP Apparels having US revenue exposure ranging between 20% and 90%.
In chemicals, companies including Atul, Vinati Organics, Navin Fluorine, and Gujarat Fluorochemicals have US revenue exposure in the range of 30% to 40%.
Other export-oriented names highlighted include Raymond Lifestyle, which derives around 50% of its revenues from the US, LT Foods with approximately 41% US exposure, and Avalon Technologies with close to 57% of revenues coming from the US market.
Additionally, several midcap stocks that have seen sharp recent sell-offs are being watched for potential renewed buying interest. These include Dixon Technologies, Kalyan Jewellers, Indian Hotels, Angel One, and Bandhan Bank.
Disclaimer: This article does not constitute investment advice or recommendations, and the views mentioned are not attributable to the publication.
