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India's Global Surfaces sees benefit from U.S. tariffs; stock rises

ReutersApr 9, 2025 9:25 AM

Shares of engineered quartz maker Global Surfaces GLOF.NS rise as much as 3.3% to 115.80 rupees after co sees benefit from U.S. tariffs

Co's UAE unit will benefit from new tariffs imposed by U.S. compared to competing manufacturers in Vietnam, China, Malaysia and Thailand - GLOF

Adds, reciprocal tariff rates of 10% on UAE is lower compared to makers in other countries, giving "pricing advantage" to co

Stock last up 3.1%, cutting YTD losses to 31.5%

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