Archive · 26 Sep 2025
Carysil Shares Drop on Trump Tariff Announcement
A company that makes kitchen products saw its stock price drop.
The US President decided to make kitchen cabinets from other countries more expensive by adding a tax.
Because this company sells a lot of products in the US, this tax could hurt their sales.
The stock price went down on Friday.
A large investor also owns a part of this company.
The company's revenue is derived from quartz sinks, engineered surfaces, and stainless steel sinks.
Carysil Ltd shares dropped 9% on Friday.
The drop followed US President Trump's tariff announcement.
The tariff includes a 50% levy on kitchen cabinets.
The US accounts for 21.5% of Carysil's revenue.
Ace investor Ashish Kacholia holds a 3.52% stake in Carysil.
- Who
- Carysil Ltd, US President Donald Trump
- What
- Carysil shares fell due to new US tariffs.
- When
- Friday, October 1 (effective date for tariffs).
- Where
- BSE (Bombay Stock Exchange)
- Why
- US tariffs on kitchen cabinets impacted Carysil's stock.
Carysil Ltd Shareholders
US Government
Impact of Tariffs
Carysil Ltd Shareholders
Carysil shareholders are negatively impacted by reduced revenues and stock price drops.
US Government
The US government seeks to protect domestic industries via tariffs on imported goods.
- Company Affected
- Carysil Ltd
- Stock Drop
- 9% on Friday
- Tariff Announced By
- US President Donald Trump
- Tariff on
- Kitchen cabinets (50%)
- Carysil's US Revenue Share
- 21.5%
- Ashish Kacholia Stake
- 3.52% (10 lakh shares)