Trending stocks: GMM Pfaudler shares rise over 1%

NEW DELHI: Shares of GMM Pfaudler Ltd. traded 1.23 per cent up in Thursday's trade at 10:47AM (IST). Around 742 shares changed hands on the counter.

The counter opened at Rs 4249.0 and touched an intraday high and low of Rs 4260.0 and Rs 4199.9, respectively, in the session so far. Shares of the company of GMM Pfaudler Ltd. quoted a 52-week high of Rs 4700.0 and a 52-week low of Rs 1150.0.

Total market cap of the GMM Pfaudler Ltd. stood at Rs 6212.51 crore at the time of writing this report.


The glass-lined equipment supplier to the pharmaceutical sector controlled by the US-based Pfaudler Inc, said it will acquire French giant De Dietrich Process System’s Indian facility into the production of glass-lined equipment located at Hyderabad for 6.25 million Euros (approximately Rs 53 crore).


Key Financials
The company reported consolidated sales of Rs 131.78 crore for the quarter ended 31-Mar-2020, down 15.51 per cent from previous quarter's Rs 155.97 crore and down 5.28 per cent from the year-ago quarter's Rs 139.12 crore.

The net profit for latest quarter stood at Rs 11.599 crore, down 12.82 per cent from the same quarter a year ago.

Shareholding pattern
As of 31-Mar-2020, domestic institutional investors held 2.01 per cent stake in the firm, while foreign institutional investors held 0.27 per cent and the promoters 24.56 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 87.34 and a price-to-book ratio of 18.11. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

GMM Pfaudler Ltd. belongs to the Capital Goods - Others industry.