By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Small-cap stock below ₹100: GHCL Textiles spikes 8% after Q4 results, 25% dividend payout | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > Small-cap stock below ₹100: GHCL Textiles spikes 8% after Q4 results, 25% dividend payout | Stock Market News
Business

Small-cap stock below ₹100: GHCL Textiles spikes 8% after Q4 results, 25% dividend payout | Stock Market News

Last updated: May 5, 2025 3:01 pm
7 months ago
Share
SHARE


Small-cap stock below ₹100: GHCL Textiles on Monday reported a 38.5% year-on-year (YoY) rise in its net profit at ₹14.20 crore, while revenue from operations fell nearly 1% YoY to ₹283.61 crore. GHCL Textiles shares jumped nearly 8% following Q4 results announcement.

The firm’s operating margin was 11.3% in Q4FY25 as compared to 10.3% in the year-ago period.

The company, in its filing to the exchange, reported that the board of directors has proposed a dividend of ₹0.50 for each equity share of ₹2, representing 25% of the paid-up equity capital for the fiscal year that concluded on March 31, 2025. If ratified by the members at the upcoming Annual General Meeting, the dividend will be disbursed on or after July 21, 2025.

The company indicated in its exchange filing that FY25 has proven to be a robust year for GHCL Textiles. The ₹1,000 crores committed to investments, of which ₹500 crores has already been utilized, are supporting the addition of 25,000 spindles and 40 knitting machines, as well as future developments in weaving and dyed fabric.

GHCL Textiles share price closed Monday’s session 8% higher at ₹87.75 apiece on the BSE. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, GHCL Textiles share prices have picked momentum in today’s session , witnessing a price and volume breakout. Along with this prices have also crossed 89DEMA and it seems prices headed towards 200DSMA placed around 95 levels. Strong support is seen in the zone of 82 – 80.

Over the last week, the stock increased by 8.32%. It has declined by 2.42% in the last quarter and has risen by 6.51% over the past year.

Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.



Source link

You Might Also Like

Stocks to watch: Paytm, Godawari Power to BEL — Here are 10 stocks to be in focus on Monday. Do you own? | Stock Market News

Underinvestment risks future oil price spikes, ExxonMobil’s Joshi warns

Trump’s ‘run it hot’ economic strategy may keeps stocks rolling.

How to lose money: 2025 edition

Corona Remedies IPO: GMP ahead of listing signals strong debut for shares — Details here | Stock Market News

TAGGED:dividend payoutGHCL Textiles share priceQ4 Resultssmall cap stockSmall-cap stock below <span class='webrupee'>₹</span>100
Share This Article
Facebook Twitter Email Print
Previous Article Small-cap stock rises 7% on plans to raise funds through rights issue. Details here | Stock Market News
Next Article Kalyani Steels Dividend: Multibagger small-cap stock jumps 9% after announcing 200% dividend, Q4 results | Stock Market News

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS