Dilip Kumar Lakhi, FIIs, and DIIs have reduced their stake in this Smallcap Hinduja Group Stock trading below Rs 500: Do you hold it in your portfolio?

As per the recent update, FIIs and DIIs decreased their stake, and ace investor Dilip Kumar Lakhi also reduced his stake in the company.

The company is engaged in Energetics, Mining & Infrastructure Services, and Realty businesses. It is part of the Hinduja Group, which has a presence across diverse industries including Automotive, Information Technology, Media, Entertainment & Communications, Infrastructure Project Development, Oil & Specialty Chemicals, Power, Real Estate, and Healthcare. The group employs 200,000 people worldwide.

At the start of the day's trading session, shares of GOCL Corporation Ltd opened at Rs 465.85 per share, compared to the previous day's closing figure of Rs 465.70 per share on the BSE. Currently, the shares are at Rs 451.50 per share on the BSE. The company's current market capitalization stands at Rs 2238.21 crore, and the stock has generated an impressive return of around 40 per cent in the past 1 year.

As per the recent update, FIIs and DIIs decreased their stake from 0.13 per cent to 0.11 per cent and from 2.82 per cent to 1.25 per cent, respectively. Ace investor Dilip Kumar Lakhi also reduced his stake in the GOCL Corporation Ltd from 1.21 per cent to 1.07 per cent.

As per the Quarterly Results, in the fourth quarter of FY24, GOCL Corporation Ltd recorded a revenue of Rs 186 crore. The operating loss for Q4 FY24 stood at Rs 10.63 crore. The net profit for Q4 FY24 was Rs 4.94 crore. Looking at the annual performance, the company generated a revenue of Rs 714 crore in FY24, compared to Rs 921 crore in FY23. The operating loss for FY24 was Rs 16 crore, with a net profit of Rs 48 crore.

Investors must keep this Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.