Gujarat Toolroom touches roof on bagging impex order worth Rs 150 crore
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Gujarat Toolroom is currently trading at its upper circuit limit of Rs. 15.60, up by 0.74 points or 4.98% from its previous closing of Rs. 14.86 on the BSE.
The scrip opened at Rs. 15.60 and has touched a high and low of Rs. 15.60 and Rs. 15.60 respectively. So far 228270 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 45.95 on 11-Mar-2024 and a 52 week low of Rs. 8.16 on 03-Aug-2023.
Last one week high and low of the scrip stood at Rs. 15.60 and Rs. 13.43 respectively. The current market cap of the company is Rs. 173.36 crore.
The Institutions and Non-Institutions held 0.28% and 99.72% stake respectively in the company.
Gujarat Toolroom has acquired a significant impex order valued at Rs 1.5 billion (Rs 150 crore). This order, which will be executed in the current quarter, is anticipated to yield an operating profit margin ranging between 5% and 10%.
In addition to this substantial international order, the company is actively pursuing further domestic impex opportunities and expects additional orders in the coming weeks. This development underscores the company’s ongoing commitment to expanding its market presence and enhancing shareholder value.
Gujarat Toolroom specializes in building high production multi-cavity moulds. The company offers a complete moulding solution to its customers. They can conduct trials and pilot runs of moulds develoiped by them. They have a range of CNC moulding machines and supply finished plastic moulded precision parts at very competitive rates.
