Banaras Beads Ltd - Impact of enhanced US Govt. Tariff on company's Export

The Board of directors of Banaras Beads Ltd discussed in detail regarding impact of U S Govt. enhanced tariff on company's Export. During discussion it has been explained by CEO and M D Shri Siddharth Gupta that the negotiation on enhanced tariffs by U S Government is going on with U S based Buyers, who have hold orders till any final decision on tariff matter at the end of both Governments. We hope this matter will be resolved with them shortly. But non order has been cancelled by them. Due to this during the quarter and half year ended on 30.09.2025 turnover and profit both decreased in the comparison of previous quarter and half year ended. We hope incoming period/at the end of year the turnover will be like last year or more than that. At present time company is taking orders on the basis of new rate to avoid any further confusion concerning with tariff matter.

Shares of Banaras Beads Limited was last trading in BSE at Rs. 151.55 as compared to the previous close of Rs. 143.50. The total number of shares traded during the day was 30615 in over 1492 trades.

The stock hit an intraday high of Rs. 171.90 and intraday low of 145.00. The net turnover during the day was Rs. 4755811.00.

Source : Equity Bulls

Keywords

BanarasBeads INE655B01011 USGovernment Tariff Exports