Create stable, long-term investment portfolio with strong, consistent stocks.
Start Research-backed Investing ...Now.
Gujarat Apollo Industries is currently trading at Rs. 243.90, up by 8.55 points or 3.63% from its previous closing of Rs. 235.35 on the BSE.
The scrip opened at Rs. 243.90 and has touched a high and low of Rs. 243.90 and Rs. 243.90 respectively. So far 436 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 250.00 on 27-Oct-2021 and a 52 week low of Rs. 183.00 on 23-Aug-2022.
Last one week high and low of the scrip stood at Rs. 235.35 and Rs. 184.60 respectively. The current market cap of the company is Rs. 277.71 crore.
The promoters holding in the company stood at 56.34%, while Institutions and Non-Institutions held 0.50% and 43.16% respectively.
Gujarat Apollo Industries had entered into joint venture agreement with PFH BV (Keestrack). The company and Keestrack have decided to work jointly and in cooperation with each other for the purposes of carrying on the business of agricultural and farming machineries and components thereof as set in the agreement by forming a joint venture company (the Company) in India and to be incorporated, operated and managed on the terms and conditions set out in the JV Agreement. The proposed joint venture will result in increased efficiencies and allow the Shareholders to offer improved products in the market, by harnessing each other's synergies.
The directors on the board of the joint venture company will be in the proportion of their shareholding in the new company. Gujarat Apollo Industries will subscribe to 2 lakh equity shares of face value of Rs 10 each at an issue price of Rs 10 each, while PFH BV will subscribe to 2 lakh equity shares of face value of Rs 10 each at an issue price of Rs 10) each. The additional subscription will be done in a phased manner.
Gujarat Apollo Industries is primarily engaged in the manufacturing of different types of Mining & Road Construction and Maintenance Machineries catering to the needs of the majority of the mining companies in India and many parts of the world.
| Company Name | CMP |
|---|---|
| BHEL | 285.35 |
| Bharat Electronics | 283.10 |
| Thermax | 5198.70 |
| Kirloskar Oil Eng | 1239.35 |
| Praj Industries | 590.75 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
