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Gujarat Toolroom is currently trading at upper limit of Rs. 55.95, up by 2.66 points or 4.99% from its previous closing of Rs. 53.29 on the BSE.

The scrip opened at Rs. 50.68 and has touched a high and low of Rs. 55.95 and Rs. 50.67 respectively. So far 181932 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 62.28 on 09-Jan-2024 and a 52 week low of Rs. 8.92 on 06-Apr-2023.

Last one week high and low of the scrip stood at Rs. 58.00 and Rs. 50.01 respectively. The current market cap of the company is Rs. 310.82 crore.

The promoters holding in the company stood at 0.37% while Institutions and Non-Institutions held 0.28% and 99.36% respectively.

Gujarat Toolroom (GTL) has secured a significant order worth Rs 29 crore from Reliance Industries for construction supplies. This substantial order underscores the trust and confidence that Reliance Industries has placed in GTL's capabilities and quality of service. The company anticipates more such orders from Reliance Industries in the upcoming weeks, further solidifying the partnership between the two entities. Moreover, GTL expects additional orders from various clients in the coming months, which will significantly contribute to the company's revenue and profit growth.

This latest development marks a significant milestone for Gujarat Toolroom, reflecting its commitment to delivering high-quality products and services to its esteemed clients. The management expresses its gratitude to Reliance Industries Limited for their continued support and looks forward to further strengthening this mutually beneficial relationship.

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.