31-07-2025
Bad news for Mukesh Ambani as Trump's tariff hit shares of this company, falls to Rs 18, company is...
Mukesh Ambani (File)
Trump Tariffs: In a major setback for billionaire Mukesh Ambani, the shares of Alok Industries Limited– a company backed by Ambani's Reliance Industries, tumbled by more than 4%, hitting an intraday low Rs 18.64 apiece on Thursday. According market analysts, the steep fall in Alok Industries' share prices is the direct result of the latest round of tariffs imposed by US President Donald Trump on Indian imports.
