and a study in identifying red-flags
Umm yeah maybe they’d have recently gone mainboard..
Got it, thanks for pointing it out bud 💪
FII Holding Recently Increased to 27.15%. What's Your Thought on this.
Hi Divyanshu, the company has raised INR 50 Cr from the private placement route (QIPs) from Zeta Global Fund + Eminence Global Fund. Looks like the investment is to boost their R&D into clean energy & boosting their mining operations.
Check out this press release - https://www.bseindia.com/xml-data/corpfiling/AttachHis/0afae47b-1ef1-4532-a96d-9ff4b4127dbf.pdf
Hey Siddharth! Thanks a ton for covering Gujarat Toolroom in such detail, it was delight reading your perspective on the company.
Just a small correction, GTL is NOT an SME company
Did they recently convert to the mainboard? As per an article dated 01 April 2024, it was a SME company — check out this link
https://www.livemint.com/market/stock-market-news/sme-stock-gujarat-toolroom-to-declare-up-to-165-dividend-soon-details-here-11711964520476.html
Umm yeah maybe they’d have recently gone mainboard..
Got it, thanks for pointing it out bud 💪
FII Holding Recently Increased to 27.15%. What's Your Thought on this.
Hi Divyanshu, the company has raised INR 50 Cr from the private placement route (QIPs) from Zeta Global Fund + Eminence Global Fund. Looks like the investment is to boost their R&D into clean energy & boosting their mining operations.
Check out this press release - https://www.bseindia.com/xml-data/corpfiling/AttachHis/0afae47b-1ef1-4532-a96d-9ff4b4127dbf.pdf
Hey Siddharth! Thanks a ton for covering Gujarat Toolroom in such detail, it was delight reading your perspective on the company.
Just a small correction, GTL is NOT an SME company
Did they recently convert to the mainboard? As per an article dated 01 April 2024, it was a SME company — check out this link
https://www.livemint.com/market/stock-market-news/sme-stock-gujarat-toolroom-to-declare-up-to-165-dividend-soon-details-here-11711964520476.html