Trending stock: This small-cap explosives company receives new orders worth Rs 257.72 crore from Coal India!

Shares of the company have gained about 18 per cent in the last one year.

GOCL Corporation Limited is engaged in the business of Energetics, Mining & Infrastructure Services, and Realty. The company is a part of Hinduja Group which has a presence across various industries such as automotive, information technology, media, entertainment & communications, infrastructure project, development, oil & specialty chemicals, power, real estate, and healthcare. The group employs 2,00,000 people around the world.

GOCL Corporation Limited reported in the exchange filing that IDI- Explosives Limited, a wholly-owned subsidiary of the company has bagged orders from Coal India Limited, worth Rs 257.72 crore. The order includes the supply of Detonators, accessories, and cartridge explosives over a period of 2 years.

In Q4FY23, the revenue of the company stood at Rs 241.79 crore which grew by 87.82 per cent YoY. The operating profit of the company stood at Rs 57.13 crore, while the PAT of the company stood at Rs 13.76 crore, which declined by 90.4 per cent YoY.   

On Friday, the stock opened at Rs 332.00, with a high and low of Rs 332.00 and Rs 314.40. The stock previously closed at Rs 334.85. On Friday, the stock closed at Rs 317.85, down by 5.08 per cent.The stock has a 52-week high of Rs 419.00 and a 52-week low of Rs 218.05. The company has a market capitalisation of Rs 1,575.67 crore.
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