Several major listed companies, including Aarti Industries, JK Paper, and Power Finance Corporation (PFC), trade ex-dividend today, August 18, 2025. Investors holding shares until the record date are eligible to receive upcoming payouts, making the stocks a point of attention in the trading session.

India’s stock market turned its spotlight on dividend-paying companies as five major firms, including Aarti Industries, JK Paper, and Power Finance Corporation (PFC), entered their ex-dividend phase on August 18, 2025. With record dates fixed and shareholder approvals lined up at upcoming annual general meetings, these companies are set to distribute profits through declared dividends. The development is expected to keep investor sentiment upbeat, especially among those focused on income generation and long-term wealth creation.

Aarti Industries Limited, headquartered in Mumbai, Maharashtra, is a leading specialty chemicals manufacturer serving domestic and international markets. At its Board Meeting on May 8, 2025, the company recommended a 20% dividend, equivalent to ₹1 per equity share of face value ₹5. The proposal is set to be placed before shareholders at the Annual General Meeting (AGM) scheduled for August 25, 2025. If approved, the dividend will be credited by September 24, 2025.

JK Paper Limited, based in New Delhi, is a key player in India’s paper and packaging industry. The company has declared a dividend of ₹5 per equity share of face value ₹10 for the financial year ending March 31, 2025. Shareholders will confirm the declaration during the AGM on September 1, 2025.

Also Read: List of Indian Stocks Most Impacted by U.S. Tariffs

Power Finance Corporation Ltd (PFC), a state-owned financial institution under the Ministry of Power, New Delhi, has announced an interim dividend of ₹3.70 per equity share (37%) for FY 2025–26. The payout will be subject to applicable tax deductions. PFC plays a pivotal role in financing India’s power and infrastructure projects.

Bright Brothers Limited, a plastics and moulding solutions provider headquartered in Mumbai, has declared a final dividend of ₹2.50 per share. The company is engaged in serving automotive, consumer, and industrial sectors with specialized plastic products.

Ram Ratna Wires Limited, based in Mumbai, known for its copper wire and winding wire production, has also announced a dividend of ₹2.50 per share, reinforcing its consistent track record of rewarding shareholders.

To be eligible for these payouts, investors were required to purchase shares at least one trading day prior to the record date, following the T+1 settlement framework. Today, the stocks of these five companies trade ex-dividend, drawing heightened interest from both income-seeking and long-term investors.

This development highlights a busy dividend calendar as companies across sectors aim to distribute profits and strengthen investor confidence ahead of their respective annual meetings.

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Read the full article here: Five Dividend Stocks Trade Ex-Date on August 18 — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

With the United States imposing 25% tariffs on a wide range of Indian imports, the focus has shifted to publicly listed Indian companies most reliant on U.S. revenues. Sectors such as auto components, chemicals, textiles, and seafood exports now face margin pressures, volume loss, and competitive disadvantages. While pharma is currently shielded, geopolitical risks persist. Here’s a detailed breakdown of sectoral exposure and the companies that could see the sharpest impact.

With the U.S. imposing 25% tariffs on a broad set of imports from India, investor attention has swiftly turned to companies most exposed to the American market. The United States remains India’s top export destination, accounting for 17.7% of India’s $81 billion merchandise exports in 2024. The sectors most at risk span from auto components to textiles and chemicals, all of which have a sizeable footprint in the U.S. market.

Why This Matters

While India has diversified its export markets over the years, a significant share of revenue for many listed Indian companies still flows from the United States. Tariffs will reduce pricing competitiveness, impact volume growth, and potentially dent EBITDA margins. Let’s break down the sectors and companies most vulnerable to these new U.S. trade barriers.

1. Auto and Auto Ancillary Companies

The auto sector has deep ties with U.S. OEMs and aftermarket networks. Component suppliers and manufacturers will be directly hit by increased costs, squeezing margins and reducing order volumes.

These companies export critical drivetrain parts, precision forgings, and tires. The tariff impact will vary depending on long-term contracts, but near-term pressure is inevitable.

2. Pharma Companies (Low Immediate Risk)

Pharma has been excluded from the current tariff list. However, since the U.S. is the largest market for Indian pharma exports, it’s important to assess exposure for potential future regulatory shifts.

So far, pharma remains safe, but increasing geopolitical tension could lead to non-tariff barriers such as FDA scrutiny or pricing regulations.

Also Read: Made in India, Taxed in America: Which Indian Sectors Will Bleed the Most?

3. Chemical Sector

Chemicals are already under scrutiny globally due to environmental compliance, and tariffs further compound cost pressures.

Other companies with significant U.S. exposure include:

• Aarti Industries
• PI Industries
• Navin Fluorine
• Deepak Nitrite
• Vinati Organics
• Alkyl Amines
• Gujarat Fluorochemicals

These companies export a range of specialty and agrochemicals, crucial for pharma, crop sciences, and electronics.

4. Textile & Apparel

The U.S. accounts for nearly 28% of India’s textile exports, making this sector particularly vulnerable to duties that could trigger loss of orders to Vietnam, Bangladesh, or Mexico.

Margins are already under pressure from cotton price volatility and sluggish global demand. Tariffs will only deepen these woes.

5. Seafood Exporters

The U.S. is a key market for Indian shrimp and seafood exporters, and tariffs here directly threaten earnings.

The sector is already grappling with higher freight costs and stringent quality checks. A 25% duty could derail recovery and force a pivot to other geographies like Japan or the Middle East.

Also Read: Markets Defy Tariff Tensions with a Stunning 500-Point Rally

6. Consumer and FMCG

Although relatively low in percentage terms, companies like LT Foods and Tata Consumer Products have established a steady U.S. retail presence.

The primary exports include rice, tea, and packaged goods. The tariff impact could erode competitiveness against Southeast Asian exporters.

7. Energy & Renewables

Indian renewable energy firms exporting modules or components could also be at risk, especially as U.S. inflation and IRA benefits favor domestic players.

In addition, traditional oil & gas companies could face indirect pressure due to geopolitical tensions with Russia.

The 25% U.S. tariff is a wake-up call for Indian exporters and investors. It threatens to trim margins, impact capacity utilization, and create price-driven substitution across key sectors. While diversified revenue streams and long-term contracts may shield some companies temporarily, the strategic risk is real—and markets will price it in.

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Read the full article here: List of Indian Stocks Most Impacted by U.S. Tariffs — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Indian export sectors are facing heightened pressure after the United States reinstated and expanded tariffs up to 25% on select Indian goods. With the U.S. being India’s largest export market, industries across machinery, jewelry, chemicals, and textiles are evaluating revenue and margin risks amid fears of volume contraction and order diversions.

With the U.S. reinstating and expanding tariffs on select imports from India, several export-driven sectors are bracing for impact. India and the United States share a strong trading relationship, with the U.S. being India’s largest export destination. In 2024, India’s exports to the U.S. reached $81 billion, accounting for nearly 17.7% of the country’s total exports. Now, with tariffs climbing as high as 25% under Trump’s renewed trade agenda, this relationship is entering uncertain terrain. Here’s a sector-wise breakdown of who stands to lose the most.

Electrical Machinery & Equipment ($14 Billion)

This is the largest export segment from India to the U.S., covering components like transformers, switchboards, motors, and semiconductors. Indian firms have gained substantial outsourcing and OEM contracts from American manufacturers and green energy firms.

• Tariff Threat: A 25% hike will erode price competitiveness, particularly affecting mid-sized exporters who can’t absorb the additional costs or reroute supply.
• Impact: Expect short-term order cancellations and a potential shift of U.S. buyers toward Southeast Asian suppliers.

Precious Metals & Jewelry ($11.6 Billion)

India exports a large volume of cut and polished diamonds, gold jewelry, and silver ornaments to the U.S., making it one of the most visible sectors in bilateral trade.

• Tariff Threat: This sector is highly sensitive to price fluctuations. Even a 5–10% hike makes Indian jewelry significantly more expensive in the American market.
• Impact: Exporters like Titan, Rajesh Exports, and Kalyan Jewellers could witness margin pressure and volume declines.

Also Read: Markets Defy Tariff Tensions with a Stunning 500-Point Rally

Nuclear Reactors, Boilers & Industrial Equipment ($6.8 Billion)

This niche but valuable sector includes boilers, reactors, turbines, and other capital goods used by U.S. industries in power, aviation, and manufacturing.

• Tariff Threat: Large project-based orders may face renegotiations, delays, or reallocation to other low-tariff countries.
• Impact: Engineering conglomerates such as L&T and BHEL could face headwinds in their U.S. contract pipelines.

Organic Chemicals ($3.5 Billion)

India is a significant supplier of intermediates, dyes, and specialty chemicals to U.S.-based pharmaceutical and manufacturing firms.

• Tariff Threat: This could lead to higher landed costs for buyers, prompting them to either pass costs downstream or shift sourcing to China or Vietnam.
• Impact: Mid-cap chemical firms like Aarti Industries, Deepak Nitrite, and SRF are at risk of volume loss and margin compression.

Auto and Auto Ancillaries

The U.S. is a key export market for auto components, castings, and engine parts made by Indian companies. Major clients include General Motors, Ford, and Tesla.

• Tariff Threat: Component makers operating on thin margins could be hit hard. Tier-2 suppliers will find it difficult to renegotiate contracts.
• Impact: Stocks like Bharat Forge, Motherson Sumi, and Sundaram Fasteners may face demand volatility and order cuts in FY26.

Chemical Sector

Besides organic chemicals, the broader chemical industry—including agrochemicals and industrial solvents—has major U.S. exposure.

• Tariff Threat: The sector has already been battling high raw material costs and environmental scrutiny. Additional tariffs further stress supply chains.
• Impact: Export-oriented firms could lose market share in the U.S., slowing growth and affecting earnings projections.

Textiles

India exports cotton, synthetic garments, home furnishings, and more to the U.S., with retail giants like Walmart and Target being major buyers.

• Tariff Threat: The labor-intensive nature of this sector leaves little room to absorb cost hikes. U.S. buyers may switch to Bangladesh or Vietnam.
• Impact: Expect significant stress on companies like Arvind, Welspun, and Trident, especially in home textile and apparel exports.

Also Read: The Billion-Dollar Battle: Andhra’s Shrimp vs. U.S. Tariffs

Seafood Sector

The U.S. is a major destination for Indian shrimp and frozen seafood exports, especially from coastal states like Andhra Pradesh and Kerala.

• Tariff Threat: Indian seafood already faces quality scrutiny and FDA regulations. Tariffs will compound cost disadvantages vs Latin American suppliers.
• Impact: Major listed players like Avanti Feeds and Apex Frozen Foods are vulnerable to shipment delays, cancellations, and price renegotiations.

Consumer Goods Companies

Several Indian FMCG and packaged food companies are now exporting to diaspora-heavy U.S. markets—spices, ready meals, and beauty products.

• Tariff Threat: Though not the largest contributors by value, these categories are price sensitive and may suffer shelf displacement in mainstream retail.
• Impact: Firms like Dabur, HUL (Ayurvedic brands), and Marico could see revenue decline in North America-focused SKUs.

Energy Sector – Oil & Gas Companies

Though India doesn’t directly export oil or gas to the U.S., energy companies with global operations may be impacted by geopolitical tensions.

Russian Crude Factor: India imports over 35–40% of its oil from Russia, often at a $3/barrel discount. The U.S. has threatened to penalize countries that continue these purchases.

Impact:

• Reliance Industries could face global compliance and shipping risks.
• HPCL, BPCL, IOCL may see margins narrow due to reduced discounts.
• ONGC may see valuation impact from weaker upstream profits.

EBITDA Impact Estimate: Analysts project a 3–10% EBITDA decline if discounts from Russia are reduced under U.S. pressure.

Conclusion

The U.S.-India trade relationship is at a critical juncture. While India has diversified its export destinations in recent years, the U.S. still remains its most lucrative market. Any long-term trade barriers could dent India’s export momentum, erode sectoral profitability, and dampen investor confidence.

Going forward, exporters will need to:

• Explore alternative markets like Europe, Southeast Asia, and the Middle East.
• Localize production through global manufacturing partnerships.

Lobby for preferential trade agreements or dispute resolution under WTO frameworks.

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Read the full article here: Made in India, Taxed in America: Which Indian Sectors Will Bleed the Most? — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).