Hot Pursuit     11-Jan-21
GNA Axles spurts on robust Q3 numbers
GNA Axles jumped 10.21% to Rs 356.25 after the company's consolidated net profit surged 249% to Rs 26.64 on 28.9% rise in revenue from operations to Rs 276 crore in Q3 December 2020 over Q3 December 2019.
The company's consolidated profit before tax stood at Rs 35.99 crore, rising 258.4% from Rs 10.04 crore in the same period last year. Current tax expense soared to Rs 9.7 crore in Q3 December 2020 as against Rs 3.11 crore in Q3 December 2019.

On BSE 1.23 lakh shares were traded so far on the counter as compared to its two week daily average of 21,000 shares. The stock hit a 52-week high of Rs 365 in intraday today. From its 52-week low of Rs 132 hit on 3 April 2020, the stock is up nearly 170%.

GNA Axles is engaged in the manufacturing of auto parts. It manufactures rear axles, shafts, spindles and other automobiles components for sale in domestic and foreign market.

Previous News
  GNA Axles to conduct board meeting
 ( Corporate News - 02-Jul-24   09:39 )
  Board of GNA Axles recommends Final Dividend
 ( Corporate News - 30-Apr-22   09:57 )
  GNA Axles to hold board meeting
 ( Corporate News - 03-Jun-22   10:01 )
  GNA Axles to announce Quarterly Result
 ( Corporate News - 07-Jan-20   10:17 )
  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 consolidated net profit rises 114.64% in the December 2022 quarter
 ( Results - Announcements 31-Jan-23   15:07 )
  GNA Axles consolidated net profit declines 74.13% in the March 2020 quarter
 ( Results - Announcements 19-May-20   14:57 )
  Board of GNA Axles recommends final dividend
 ( Corporate News - 02-May-23   15:31 )
  GNA Axles to convene AGM
 ( Corporate News - 22-Jul-23   11:42 )
  GNA Axles allots 2.14 lakh equity shares under bonus issue
 ( Corporate News - 05-Sep-23   18:00 )
  GNA Axles standalone net profit declines 16.76% in the March 2017 quarter
 ( Results - Announcements 06-May-17   15:29 )
Other Stories
  PEL board OKs ad hoc appointments post Rupen Patel's passing
  06-Jul-24   16:41
  Info Edge Q1 FY25 billings climb 11% YoY
  06-Jul-24   15:50
  IndusInd Bank advances climb 16% YoY in Q1 FY25
  06-Jul-24   15:18
  Adani Wilmar reports 13% volume growth in Q1 FY25
  06-Jul-24   14:44
  Tata Motors JLR wholesale rises 5% YoY in Q1
  06-Jul-24   13:01
  Marico's domestic biz sees modest volume growth in Q1
  06-Jul-24   12:25
  Titan revenue rises 9% YoY, adds 61 stores in Q1
  06-Jul-24   11:09
  Dabur India expects mid to high digit revenue growth in Q1
  06-Jul-24   10:40
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
Back Top