Indiamart Intermesh Ltd, Bandhan Bank Ltd, Welspun India Ltd, Century Plyboards (India) Ltd are among the other stocks to see a surge in volumes on BSE today, 30 August 2021.

GMM Pfaudler Ltd witnessed volume of 61473 shares by 10:50 IST on BSE, a 17.99 times surge over two-week average daily volume of 3417 shares. The stock increased 1.71% to Rs.4,400.05. Volumes stood at 1327 shares in the last session.

Indiamart Intermesh Ltd recorded volume of 21269 shares by 10:50 IST on BSE, a 8.93 times surge over two-week average daily volume of 2382 shares. The stock gained 6.84% to Rs.7,633.65. Volumes stood at 4835 shares in the last session.

Bandhan Bank Ltd witnessed volume of 22.56 lakh shares by 10:50 IST on BSE, a 6.77 times surge over two-week average daily volume of 3.33 lakh shares. The stock increased 2.14% to Rs.282.10. Volumes stood at 2.51 lakh shares in the last session.

Welspun India Ltd recorded volume of 5.29 lakh shares by 10:50 IST on BSE, a 3.77 times surge over two-week average daily volume of 1.40 lakh shares. The stock gained 1.92% to Rs.127.60. Volumes stood at 39847 shares in the last session.

Century Plyboards (India) Ltd recorded volume of 24805 shares by 10:50 IST on BSE, a 3.35 times surge over two-week average daily volume of 7408 shares. The stock lost 3.95% to Rs.379.20. Volumes stood at 5808 shares in the last session.

Powered by Capital Market - Live News

Net sales soared 257% to Rs 551.68 crore in Q1 FY22 over Q1 FY21. The firm reported a pre tax loss of Rs 15.65 crore in Q1 FY22 as against a pre-tax profit of Rs 23.07 crore in Q1 FY21.

Commenting on the company's performance for Q1 FY22, Tarak Patel, MD of the company said, “We are pleased to report a strong start to the financial year, our business continues to show considerable resilience across all geographies. Our integration initiatives are progressing well and we have now started seeing the impact of post-merger synergies in our profitability. Our order intake across all our product lines continues to remain strong while the overall business environment looks encouraging.”

Meanwhile, the board approved payment of interim dividend of Re 1 per share.

GMM Pfaudler (GMMP) is present on the market with several branded product lines covering a broad portfolio that includes fluoropolymers, filtration & drying, engineered column systems, lab & process glass, sealing technology and glass-lined & alloy systems

Powered by Capital Market - Live News

GMM Pfaudler announced that the Board of Directors of the Company at its meeting held on 12 August 2021, has recommended a First Interim dividend of Rs.1 per share (i.e.50%), subject to the approval of the shareholders.

Powered by Capital Market - Live News

Net profit of GMM Pfaudler declined 86.50% to Rs 2.59 crore in the quarter ended June 2021 as against Rs 19.19 crore during the previous quarter ended June 2020. Sales rose 257.24% to Rs 551.68 crore in the quarter ended June 2021 as against Rs 154.43 crore during the previous quarter ended June 2020.

Powered by Capital Market - Live News