Gokaldas Exports (GOKL.NS) shares dropped 6.6% after warning U.S. reciprocal tariffs present a “formidable challenge,” potentially impacting margins and creating business volatility. Despite a strong Q4 revenue rise, near, term uncertainty looms.

• U.S. tariffs trigger Gokaldas stock decline.
• Customers are hesitant to build inventory.
• Capex plans put on hold amid uncertainty.