To start with, G.G. Automotive Gears Ltd. introduced, its internet revenue stood at Rs. 0.06 Cr with a 91.68% loss on October seventeenth. Whereas the corporate additionally posted its consolidated internet revenue of Rs. 0.68 Cr in the identical quarter final 12 months.
Moreover, the corporate’s complete income raised to Rs. 7.98 Cr on this quarter ended on thirtieth September. The corporate additionally posted its complete earnings of Rs. 11.15 Cr in the identical quarter final 12 months.
Moreover, the corporate on October seventeenth reported its Q2FY21 consequence. The corporate EBITDA raised by 37.74% and stood at Rs. 1.32 Cr share within the present quarter. Additionally, its EBITDA stood at Rs. 2.12 Cr in the identical quarter final 12 months.
Furthermore, the corporate’s internet gross sales raised by 42.66% and stood at Rs. 7.98 Cr on this quarter ended on thirtieth September. The corporate additionally posted its internet gross sales of Rs. 13.91Cr in the identical quarter final 12 months. Moreover, the EPS was declined from Rs. 0.86 to Rs. 0.07 from the final monetary 12 months.
G.G. Automotive Gears Restricted shares traded with a acquire of 0.28 factors reached 5.00 INR with a 5.93% up. Its shares beforehand closed at 4.90 INR. The corporate shares traded on the Bombay Inventory Alternate.
Inventory Market Replace:
Inventory Market October sixteenth: On Friday, each Sensex and Nifty appear to commerce in a bullish development within the inventory market. The Sensex stood traded acquire with 39,982.98 ranges and Nifty stood traded acquire with 11,762.45 ranges. The Sensex raised 254.57 factors with a 0.64% acquire. Moreover, Nifty has raised 82.10 factors with a 0.70% acquire.
Alternatively, the variety of confirmed or coronavirus instances in India reached 74,32,680 as of October seventeenth, and deaths reached 1,13,032.
Within the border market, the S&P BSE Midcap index reported a bullish development within the inventory market yesterday. It raised 152.43 factors with a 1.05% acquire and reached a 14,621.31 degree. The S&P BSE Smallcap index raised 142.61 factors with a 0.97% acquire and reached a 14,786.56 degree. Nonetheless, the Nifty Financial institution raised 460.85 factors with a 2.00% acquire and reached a 23,533.25 degree.