KPR Mill shares rallied 4% in early trade on Tuesday, reacting to fresh trade policy developments from the US. The counter touched a high of ₹1,222.90 against the previous close, after opening at ₹1,182.00. The stock’s intraday low stood at ₹1,163.80.

The move comes after the Donald Trump administration announced a 35% tariff on imports from Bangladesh, effective from August 1. While this is slightly lower than the previously proposed 37% rate in April, it remains significantly above the baseline rate of 10%.

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TOPICS: KPR Mill