GMM Pfaudler Ltd up by 10.33% | Espresso Market Updates

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Espresso Shot of the Day - GMM Pfaudler Ltd up by 10.33 percent

September 02, 2022
Espresso Shot of the Day - GMM Pfaudler Ltd up by 10.33 percent

GMM PFAUDLER LTD  1826.55 (+10.33%)  BSE – INE541A01023 | 2nd September 2022

https://www.myespresso.com/images/Binge-graph-image_GMM%20Pfaudler%20Ltd%20020922%20(2)-202209021851562725309.jpg

GMM Pfaudler is the leading technologies, systems and services provider for the chemical and pharmaceutical industries as well as many others. The company designs, manufactures, installs and services corrosion-resistant equipment and also has complete chemical process systems, according to the requirements of our customers. With the integration of the Group’s technologies with complete process solutions for a myriad of applications - such as reaction, evaporation, acid recovery, distillation, filtration and drying, amongst many others - the global team of process engineers and project managers provide turnkey designed and built systems. The exceptional portfolio of systems and technologies requires global support for installation, maintenance and optimization. To better serve the Group’s clients, we provide extensive worldwide services with the largest field service organization in the industry.


Recent Driver

  • GMM Pfaudler Ltd informed that CRISIL Ratings has reaffirmed its long-term rating as ‘CRISIL AA-’. Further, on August 17, 2022, the rating agency gave a Stable outlook on long-term facilities
  • GMM Pfaudler Ltd signed an agreement to acquire Italy-based advanced separation technology player Hydro Air Research Italia S.r.l. (HARI) for approximately Rs 38.24 crores on July 29, 2022.
  • On July 28, 2022, GMM Pfaudler Ltd reported a Quarterly Net Profit of Rs. 44.51 crores in June 2022, up 1618.53% from Rs. 2.59 crores in June 2021.
  • On July 28, 2022, GMM Pfaudler Ltd reported Net Sales of Rs 739.24 crores in June 2022, up 34% from Rs. 551.68 crores in June 2021.
  • On August 29 2022, the company recommended a final dividend of Rs 3.00 per equity share, subject to the approval of shareholders at the AGM for the financial year 2021-22.
  • On May 27 2022, the company approved the issuance of bonus equity shares in the ratio of 2:1 i.e. 2 (Two) equity shares having a face value of INR 2/- each for every 1 (One) equity share having a face value of INR 2/- each held by the Shareholders of the Company.


(Sources: BSE, Moneycontrol,Economics Times, Business Line)


Technical Force*

  • S&P Bse 500 month till date lost by 0.84%.
  • 3 months avg. NSE volume: 157,785
  • Quantity traded: 1,05,088 | Deliverable Quantity: 37,979 (36.14 %)
  • The stock price jumped by more than 40 % from a one-year low level: 1251.00 (June 12,2022)
  • Daily RSI (14) is at overbaught territory today.
  • 52-week-high: 1844.80|52-week-low: 1251.00


Key Pivot (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

2528.66

2170.17

1896.99

1538.50

1265.32

906.83

633.65

-

Fibonacci Pivot

2170.17

1928.87

1779.79

1683.78

1538.50

1393.21

1297.20

1148.12

906.83


Today’s Close

1826.55

SMA

BSE

10 DAY

1641.27

20 DAY

1620.08

50 DAY

1510.66

200 DAY

1515.75


Some Key Ratios (Source: BSE)

Market Cap: 8,009.88 crores

PE: 29.67

OPM%: 16.61

ROE%:  20.24

Promoters holding%: 54.95

Prev. Close:  1655.55


https://www.myespresso.com/images/espresso_shot_blog_credit_image%20WD-202206271809546799546.jpg

Chart and Technical Force data from the Binge desktop app

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.