SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

GMM Pfaudler surges after Patel Family acquires 1% stake in the company

14 Dec 2023 Evaluate

GMM Pfaudler is currently trading at Rs. 1492.80, up by 22.75 points or 1.55% from its previous closing of Rs. 1470.05 on the BSE.

The scrip opened at Rs. 1505.00 and has touched a high and low of Rs. 1515.20 and Rs. 1486.80 respectively. So far 22862 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1989.05 on 15-Dec-2022 and a 52 week low of Rs. 1350.00 on 18-Aug-2023.

Last one week high and low of the scrip stood at Rs. 1515.20 and Rs. 1465.00 respectively. The current market cap of the company is Rs. 6694.36 crore.

The promoters holding in the company stood at 25.18%, while Institutions and Non-Institutions held 39.07% and 35.75% respectively.

GMM Pfaudler’s promoter -- the Patel Family (through Millars Machinery Company) has completed acquisition of 1% equity stake in the company from Pfaudler Inc. (ultimately held by DBAG Fund VI, a private equity fund advised by Deutsche Beteiligungs AG) by way of an off market inter-se transfer between promoters at Rs 1,700 per share with 75% of the consideration being paid upfront and remaining 25% to be paid on or before March 15, 2024. The Patel Family’s shareholding now stands at 25.18% and they remain the largest shareholder of the Company.

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

894.95 -18.50 (-2.03%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 404.65
Thermax 4681.15
Kirloskar Oil Eng 1727.60
Skipper 466.10
GMM Pfaudler 894.95
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:

×