Throughout Thursday’s buying and selling session, the shares of a number one producer of traction gears and pinions hit a 20 % circuit to succeed in a brand new excessive at Rs. 194.4 on BSE, after the corporate reported monetary outcomes for Q3 FY25 with a internet revenue development of fifty % QoQ and 156 % YoY.
With a market cap of Rs. 161.7 crores, the shares of G. G. Automotive Gears Restricted closed within the inexperienced at Rs. 194.05, up by round 19.8 %, as in comparison with its earlier closing value of Rs. 162.
What’s the information
The fluctuations within the share costs had been noticed after GG Automotive Gears Restricted introduced the monetary outcomes for Q3 FY25, by the latest filings with the BSE.
For Q3 FY25, GG Automotive Gears reported income from operations of Rs. 29.2 crores, reflecting a major development of round 11 % QoQ from Rs. 26 crores in Q2 FY25, and elevated by about 31.3 % YoY from Rs. 19.8 crores in Q3 FY24.
The corporate’s internet revenue for Q3 FY25 grew to Rs. 2.61 crores, representing an increase of round 50 % QoQ from Rs. 1.74 crores in Q2 FY25, and a year-on-year development of almost 156 % from Rs. 1.02 crores in Q3 FY24.
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Shareholding Sample
As per the December 2024 shareholding sample, the Promoters maintain a 36.49 % stake within the firm, whereas Retail Buyers maintain a 63.51 % stake in GG Automotive Gears.
Concerning the firm
Based in 1974, G. G. Automotive Gears Restricted is a completely built-in group, proficient in creating and manufacturing a variety of locomotive and industrial gears and pinions, gearboxes, and solid elements. It has been a market chief in automotive gears for the final 44 years.
The corporate’s merchandise serve various industries, together with railways, metro techniques, oil & gasoline, defence, wind vitality, and energy transmission, amongst others.
Written by Shivani Singh
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