Throughout Friday’s buying and selling session, the shares of a number one producer of rubber profiles in numerous sectors surged practically 1.2 % on NSE, after the corporate secured orders from a number of Indian Railway Zones and Industrial Sector.
Worth Motion
With a market cap of Rs. 264 crores, the shares of Gayatri Rubbers And Chemical substances Restricted closed within the inexperienced at Rs. 460, up by round 1.2 %, as in comparison with its earlier closing value of Rs. 454.5.
The corporate was listed on the NSE in 2023, turning into the primary and solely rubber profile firm to realize this milestone.
What’s the information
Gayatri Rubbers And Chemical substances Restricted, as per latest regulatory filings with the NSE, has introduced securing work orders value round Rs. 1.03 crores from a number of Indian Railway Zones and Industrial Sector.
These orders contain the availability of the product “Neoprene Rubber, Hearth Retardant Gasket and Rubber Compound”, with execution as per the phrases and circumstances outlined within the of the Letter of labor orders, and completion scheduled inside one month.
Additionally learn: Mukul Agarwal inventory in focus after profitable ₹1,320 Cr order from NBCC
Earlier Orders
fifth December 2024: Gayatri Rubbers acquired orders value practically Rs. 34.8 crores from Good Meter and Industrial Sector corporations for the availability of “Neoprene Rubber Gaskets.”
ninth January 2025: The corporate secured work orders value round Rs. 55 lakhs from Good Meter corporations and Indian Railways for the availability of “Rubber Profiles Gaskets.”
Financials
Gayatri Rubbers reported a major development in income from operations, experiencing a year-on-year enhance of practically 26.5 %, rising from Rs. 10.78 crores in H1 FY24 to Rs. 13.64 crores in H1 FY25.
Equally, the corporate’s internet revenue elevated from Rs. 0.6 crores to Rs. 1.3 crores over the identical interval, representing a development of round 113 % YoY.
Concerning the firm
Integrated in 2022, Gayatri Rubbers and Chemical substances Restricted is engaged within the enterprise of producing, producing and distributing all varieties of reclaimed rubber and all types of rubber merchandise, bye merchandise, rubber chemical compounds, rubber processing, latex and all varieties of rubber scrap merchandise and items for sectors together with architectural, energy, vehicle, and industrial.
Written by Shivani Singh
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