Gujarat Poly Avx Electronics
64.90
+0.64(+1.00%)
Market Cap₹55.45 Cr
PE Ratio1.93
Company Performance:
1D+1.00%
1M+15.56%
6M-26.87%
1Y-20.46%
5Y+785.40%
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More news about Gujarat Poly Avx Electronics
29Jul 25
Gujarat Poly Electronics to Sell Property for ₹29 Crore, Raises Investment Limits
Gujarat Poly Avx Electronics Limited (GPEL) has approved the sale of its leasehold rights to a land plot and factory building to Tirex Transmission Private Limited for ₹29.00 crore. The property generated 100% of GPEL's revenue, but the company has made arrangements to relocate operations. The board also increased investment limits from ₹35.00 crore to ₹60.00 crore. An Extraordinary General Meeting is scheduled for September 1, 2025, to seek shareholder approval. GPEL will continue using part of the property as its registered office during the transition. The company's Q1 FY2026 financial results show significant improvement in income and profit compared to previous periods.
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29Jul 25
Gujarat Poly Avx Electronics Reports Strong Quarterly Results and Approves Property Sale to Tirex Transmission
Gujarat Poly Avx Electronics Limited (GPEL) reported a 458.40% increase in net profit for Q1, reaching Rs. 282.93 lakhs. The company's board approved the sale of a property in Gandhinagar Electronic Estate for Rs. 29.00 crores to Tirex Transmission Private Limited. GPEL plans to relocate operations without affecting turnover. The board also approved an increase in lending and investment limits to Rs. 60.00 crores. An EGM is scheduled for September 1 to seek shareholder approval for these decisions.
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1 Year Returns:-20.46%
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