Hot Pursuit     11-Jan-21
GNA Axles spurts on robust Q3 numbers
GNA Axles jumped 10.21% to Rs 356.25 after the company's consolidated net profit surged 249% to Rs 26.64 on 28.9% rise in revenue from operations to Rs 276 crore in Q3 December 2020 over Q3 December 2019.
The company's consolidated profit before tax stood at Rs 35.99 crore, rising 258.4% from Rs 10.04 crore in the same period last year. Current tax expense soared to Rs 9.7 crore in Q3 December 2020 as against Rs 3.11 crore in Q3 December 2019.

On BSE 1.23 lakh shares were traded so far on the counter as compared to its two week daily average of 21,000 shares. The stock hit a 52-week high of Rs 365 in intraday today. From its 52-week low of Rs 132 hit on 3 April 2020, the stock is up nearly 170%.

GNA Axles is engaged in the manufacturing of auto parts. It manufactures rear axles, shafts, spindles and other automobiles components for sale in domestic and foreign market.

Previous News
  GNA Axles to declare Quarterly Result
 ( Corporate News - 03-Jul-23   09:44 )
  GNA Axles to conduct AGM
 ( Corporate News - 22-Apr-25   14:30 )
  GNA Axles standalone net profit rises 8.94% in the March 2019 quarter
 ( Results - Announcements 11-May-19   16:38 )
  GNA Axles announces demise of Chairman
 ( Corporate News - 16-Jul-21   09:44 )
  GNA Axles to hold board meeting
 ( Corporate News - 03-Jun-22   10:01 )
  GNA Axles hits peak after posting strong Q1 results
 ( Hot Pursuit - 19-Jul-17   14:18 )
  GNA Axles standalone net profit rises 41.38% in the September 2017 quarter
 ( Results - Announcements 14-Oct-17   10:15 )
  GNA Axles raises Rs 37.88 crore from anchor investors
 ( IPO Centre - IPO News 14-Sep-16   11:35 )
  GNA Axles allots 2.14 lakh equity shares under bonus issue
 ( Corporate News - 05-Sep-23   18:00 )
  Stock Alert: JK Tyre, G N A Axles, Tata Motors, Ashok leyland
 ( Market Commentary - Stock Alert 13-Dec-24   08:30 )
  GNA Axles to convene AGM
 ( Corporate News - 07-Aug-20   14:23 )
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