Announced Thu, 10 Sept, 2026 · 15:25 IST
US Commerce sets Pokarna unit's antidumping duty at zero in preliminary review
POKARNA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.7%1-day move
₹780.00
prior close
₹782.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+3.7-2.8-4.1-4.9-4.2-5.7-11.1———
Up moveDown movePending
AI summary
Pokarna's wholly-owned subsidiary Pokarna Engineered Stone Limited (PESL) was selected by the US Department of Commerce as a mandatory respondent in the antidumping duty review of quartz surface products from India for the period June 2024 to May 2025. Preliminary results determine PESL did not sell below normal value, setting its antidumping duty at 0%. Final duty rates are expected by March 2027. Results are not yet effective.
Likely market impact
Positive for shareholders: zero preliminary duty removes tariff burden on US quartz surface exports, supporting export revenue and margins going into the final decision.