Hot Pursuit     19-Jul-17
GNA Axles hits peak after posting strong Q1 results
GNA Axles rose 3.98% to Rs 277 at 14:20 IST on BSE after net profit rose 41.87% to Rs 11.08 crore on 5.38% rise in total income to Rs 146 crore in Q1 June 2017 over Q1 June 2016.

The result was announced during market hours today, 19 July 2017.

Meanwhile, the S&P BSE Sensex was up 163.93 points, or 0.52% at 31,874.92. The S&P Small-Cap index was up 138.65 points or 0.88% at 15,956.25.

More than usual volumes were witnessed on the counter. On the BSE, 1.82 lakh shares were traded in the counter so far, compared with average daily volumes of 33,407 shares in the past one quarter. The stock had hit a high of Rs 286.50 in intraday trade, which is also a record high for the stock. The stock had hit a low of Rs 264.95 so far during the day. The stock had hit a record low of Rs 171.10 on 22 November 2016.

The stock had outperformed the market over the past one month till 18 July 2017, gaining 16.23% compared with Sensex's 2.11% gains. The scrip had also outperformed the market in past one quarter, gaining 22.29% as against Sensex's 8.16% rise. The scrip had also outperformed the market in past six months, rising 29.67% as against Sensex's 16.34% rise.

The small-cap company has equity capital of Rs 21.47 crore. Face value per share is Rs 10.

Shares of GNA Axles had made debut on the bourses on 26 September 2016.

GNA Axles is into manufacturing of rear axle shafts used in on-highway and off-highway vehicular segments in India.

Previous News
  GNA Axles consolidated net profit rises 114.64% in the December 2022 quarter
 ( Results - Announcements 31-Jan-23   15:07 )
  GNA Axles consolidated net profit rises 29.95% in the June 2019 quarter
 ( Results - Announcements 12-Jul-19   16:02 )
  Board of GNA Axles recommends Final Dividend
 ( Corporate News - 24-May-24   15:58 )
  GNA Axles consolidated net profit rises 22.57% in the June 2023 quarter
 ( Results - Announcements 31-Jul-23   07:38 )
  GNA Axles ends with over 18% premium
 ( IPO Centre - IPO News 26-Sep-16   16:49 )
  Board of GNA Axles recommends Final Dividend
 ( Corporate News - 30-Apr-22   09:57 )
  GNA Axles Q4 PAT soars to Rs 28 cr
 ( Hot Pursuit - 24-Apr-21   15:26 )
  GNA Axles consolidated net profit declines 17.32% in the September 2023 quarter
 ( Results - Announcements 27-Oct-23   17:07 )
  GNA Axles to announce Quarterly Result
 ( Corporate News - 16-Oct-23   14:36 )
  GNA Axles reports consolidated net profit of Rs 29.46 crore in the June 2021 quarter
 ( Results - Announcements 24-Jul-21   15:27 )
  GNA Axles gets recognition at Supplier Partnership Meet
 ( Corporate News - 20-Nov-17   11:05 )
Other Stories
  GTPL Hathway slides after Q1 PAT drops 60% YoY to Rs 14 cr in FY25
  12-Jul-24   15:40
  Macrotech Developers Ltd leads losers in 'A' group
  12-Jul-24   15:01
  GE Power India Ltd leads losers in 'B' group
  12-Jul-24   14:46
  Volumes spurt at ITI Ltd counter
  12-Jul-24   14:31
  Real Estate stocks edge lower
  12-Jul-24   14:01
  Power shares slide
  12-Jul-24   14:01
  Capital Goods stocks slide
  12-Jul-24   14:01
  Adani Enterprises Ltd drops for fifth straight session
  12-Jul-24   13:36
  Biocon Ltd eases for fifth straight session
  12-Jul-24   13:36
  Cyient spurts on forming a unit for semiconductor biz
  12-Jul-24   13:32
Back Top