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Stock Report
Fiberweb India Ltd secures Multiple Export Orders worth ₹8+ Crore following US tariff reductions
Posted On : 2026-02-03 21:47:43( TIMEZONE : IST )
Fiberweb (India) Ltd. (BSE: 507910, NSE: FIBERWEB), a leading pioneer in the nonwoven fabric industry and a 100% Export Oriented Unit (EOU), has announced a significant surge in its order book after the U.S. President Donald Trump declared concluding a trade deal with India on social media platform - Truth.
This order win is a remarkable development following the recent reduction in US reciprocal tariffs on Indian goods from 50% to 18%, the Company has secured more than 15 new export orders from the United States.
The cumulative value of these orders exceeds ₹8 Crore, all of which were received within a record window of just a few hours following the trade policy announcement.
This rapid influx of business underscores the strong demand for Fiberweb's high-quality technical textiles and the competitive edge the Company maintains in the international market. The reduction in trade barriers has acted as a primary catalyst, allowing the Company to capitalize on its long-standing relationships with American distributors and end-users.
Bhavesh P Sheth, President, Fiberweb (India) Limited, said: "We are highly encouraged by this immediate and positive response from our US partners." He further adds, "Securing orders worth over ₹8 Crore in such a short timeframe is a testament to our operational agility and the global reputation of our products. We remain committed to scaling our production to meet this increased demand and delivering value to our stakeholders."
The Company confirms that none of the promoters or promoter group companies have any interest in the entities that placed these orders. Further, these orders do not fall within the ambit of related party transactions.
Shares of FIBERWEB (INDIA) LTD. was last trading in BSE at Rs. 42.54 as compared to the previous close of Rs. 39.50. The total number of shares traded during the day was 14907 in over 499 trades.
The stock hit an intraday high of Rs. 44.00 and intraday low of 40.82. The net turnover during the day was Rs. 643880.00.
