SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

GMM Pfaudler shines as its arm approves execution of joint venture agreement with JDS

02 Aug 2022 Evaluate

GMM Pfaudler is currently trading at Rs. 1598.95, up by 31.10 points or 1.98% from its previous closing of Rs. 1567.85 on the BSE.

The scrip opened at Rs. 1565.00 and has touched a high and low of Rs. 1615.00 and Rs. 1550.00 respectively. So far 4767 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,763.24 on 04-Jan-2022 and a 52 week low of Rs. 1,249.75 on 14-Jun-2022.

Last one week high and low of the scrip stood at Rs. 1635.00 and Rs. 1336.00 respectively. The current market cap of the company is Rs. 6875.41 crore.

The promoters holding in the company stood at 54.95%, while Institutions and Non-Institutions held 17.94% and 27.11% respectively.

GMM Pfaudler’s subsidiary-- GMM Pfaudler US Inc., USA has approved the execution of a joint venture agreement with JDS Manufacturing (JDS), USA. GMM Pfaudler US Inc., USA is going to acquire 51% stake of JDS, USA at consideration of $0.5 million (Rs 3.9 crore) and the transaction will be funded through internal accruals. Joint venture with JDS will further develop the company’s high-margin service business and is expected to strengthen its market position in the Americas. JDS manufactures glass-lined spare parts and components and also provides re-glassing services.

GMM Pfaudler is a leading supplier of engineered equipment and systems for critical applications in the global chemical and pharmaceutical markets.

GMM Pfaudler Share Price

916.15 4.40 (0.48%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 287.85
Thermax 3866.20
Kirloskar Oil Eng 1482.70
Skipper 380.15
GMM Pfaudler 916.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×