{"id":295547,"date":"2026-10-08T15:27:39","date_gmt":"2026-10-08T09:57:39","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=295547"},"modified":"2026-10-08T15:27:39","modified_gmt":"2026-10-08T09:57:39","slug":"rupee-near-97-dollar-which-indian-stocks-benefit-from-weaker-rupee-it-pharma-exporters","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/rupee-near-97-dollar-which-indian-stocks-benefit-from-weaker-rupee-it-pharma-exporters\/","title":{"rendered":"Rupee Near 97 Against the Dollar: Which Indian Stocks Benefit From a Weaker Rupee? IT, Pharma, Chemicals, Textiles and Auto Component Exporters, Who Loses, How to Check Currency Exposure and the Risks"},"content":{"rendered":"

Rupee near 97\/$ (touched 97.15 on 7 Oct). Gainers: IT, pharma, specialty chemicals, textiles, auto parts exporters. Losers: OMCs, airlines, paints, importers. Nifty IT +1.8% on 8 Oct.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Weaker rupee beneficiaries are companies that earn in dollars and spend in rupees, mainly IT services, pharma, specialty chemicals, textiles and auto component exporters, now that the rupee trades near 97 against the dollar after touching 97.15 on 7 October. One analysis estimates that each Rs 1 of rupee weakness adds about 30 to 50 bps to the operating margin of large IT companies, and pharma firms such as Sun Pharma earn about 66% of gross sales abroad, so both benefit even when volumes are flat. Losers include oil marketing companies, airlines such as IndiGo, paint makers and importers of electronics and chemicals, whose costs rise with the dollar, and the Nifty IT index rose about 1.8% on 8 October while the broader market fell. A weaker rupee alone does not make a stock a buy, since demand, hedging and pricing matter, and the RBI has said the rupee may be undervalued while promising to curb volatility.<\/p>\n<\/p><\/div>\n

Rupee vs dollar moves get attention whenever the currency falls, and the rupee has lost about 9% against the dollar since November 2025. The move has been driven by oil near $101, foreign selling and strong dollar demand, and the RBI sold dollars to smooth the fall.<\/p>\n

If you want to know which stocks to look at, this article covers how a weaker rupee affects earnings, the sectors that gain, examples in each, the sectors that lose, a checklist to test currency exposure, the risks and what to watch.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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