Gujarat Instrument Room Broadcasts Sturdy Q3 Outcomes
Gujarat Instrument Room shares have given buyers a return of 6834% in 3 years and 10,948% from a stage of 48 paise in 5 years.
Share Market Information: The inventory market was buying and selling barely larger on Thursday afternoon. The BSE Sensex was down 6 factors at 71,813 at 12:55 pm, whereas the Nifty was up 21 factors at 21,861. In a unstable session, Gujarat Instrument Room shares have been buying and selling up 2% at Rs 52.70, up Rs 1.
Gujarat Instrument Room shares, with a market cap of round Rs 292 crore, have given buyers a return of 11% within the final one week, 27% in 3 months and 383% in 1 yr. Gujarat Instrument Room shares have given buyers a return of 6834% in 3 years and 10,948% from a stage of 48 paise in 5 years.
Gujarat Instrument Room has knowledgeable the inventory market that it has launched the outcomes for the December quarter of the present monetary yr. The monetary efficiency of Gujarat Instrument Room firm within the December quarter has been glorious. The corporate’s gross sales have declined barely in comparison with the earlier quarter and stood at Rs 131 crore.
Gujarat Instrument Room’s working revenue has elevated to Rs 16 crore. The corporate’s web revenue has reached Rs 14 crore within the December quarter of the present monetary yr. Many inventory market specialists say that Gujarat Instrument Room shares can contact goal costs of Rs 110 and Rs 133.
Gujarat Instrument Room has diversified its operations politically in the previous couple of years. As an alternative of relying totally on one marketplace for operations, the corporate is increasing its operations into new markets.
Disclaimer: The article is for informational functions solely and never funding recommendation.