Bengaluru, Aug. 28 -- During Thursday's trading session, shares of India's largest vertically integrated textile manufacturer and largest producer of yarn moved up by around 15.5 percent on BSE. But what has triggered this sharp rally? Let's break it down in this article.

With a market cap of Rs. 13,008 crores, the shares of Vardhman Textiles Limited closed in the green at Rs. 449.75 on BSE, up by around 13 percent, as against its previous closing price of Rs. 398.15. The stock has delivered negative returns of around 12 percent in the last one year, and has fallen by over 2 percent in the last one month.

What's the News Following the recent imposition of 50 percent U.S. tariffs that raised concerns over job losses in the textile indust...