GOCL Corporation
292.50
-1.70(-0.58%)
Market Cap₹1,450.00 Cr
PE Ratio1.08
IndustryChemicals
Company Performance:
1D-0.58%
1M-2.92%
6M-20.05%
1Y-19.83%
5Y+49.46%
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More news about GOCL Corporation
13Oct 25
GOCL Corporation Seeks Shareholder Approval for Registered Office Relocation and MOA Amendments
GOCL Corporation Limited is seeking shareholder approval via postal ballot for two special resolutions: relocating its registered office from Telangana to Andhra Pradesh and amending its Memorandum of Association. The office relocation aligns with the company's shift towards Electronics Manufacturing Service, Realty businesses, and planned acquisition of a thermal power business. The MOA amendments aim to comply with the Companies Act, 2013. E-voting for shareholders is scheduled from October 14 to November 12, 2025, with results to be announced on November 14, 2025.
10Sept 25
GOCL Corporation's IDL Explosives Ban Reduced, Regains Eligibility for Coal India Tenders
IDL Explosives Limited (IDLEL), a subsidiary of GOCL Corporation, has had its ban period reduced from two years to one year by Coal India Limited (CIL). This decision came after IDLEL pursued the matter in the Calcutta High Court. The one-year ban period has already concluded, making IDLEL immediately eligible to participate in future tenders from CIL and other public sector undertakings. This development is expected to positively impact GOCL Corporation's business prospects in the explosives sector.
04Sept 25
GOCL Corporation Completes Sale of 142 Acres in Hyderabad, Secures Extension for Remaining Land
GOCL Corporation has sold 142 acres of land in Kukatpally, Hyderabad, out of its 264.50-acre holding. The company has also obtained an extension until August 2026 to sell the remaining land, as agreed with Squarespace Builders Private Limited. This development marks significant progress in GOCL's land monetization efforts, potentially impacting its financial position and future strategies.
01Sept 25
GOCL Corp Board Approves Acquisition of 1,040 MW Thermal Power Plant
GOCL Corporation's board has given in-principle approval to acquire a 1,040 MW thermal power plant near Visakhapatnam from Hinduja National Power Corporation Limited (HNPCL). This move signals GOCL's expansion into the energy sector, potentially diversifying its revenue streams and strengthening its market position. The acquisition is still in its initial stages and will require further steps, including due diligence and regulatory approvals, before completion.
29Aug 25
GOCL Corp Expands into Power Sector with 1,040 MW Thermal Power Acquisition Plan
GOCL Corporation Limited has approved a plan to acquire Hinduja National Power Corporation Limited's (HNPCL) 1,040 MW thermal power operations near Visakhapatnam, Andhra Pradesh. This move marks GOCL Corp's entry into the power generation sector. HNPCL reported an income from operations of ₹3,573.36 crores and a net profit of ₹996.97 crores in its latest audited financial statements. The acquisition is subject to due diligence and is part of GOCL Corp's strategy to deploy surplus liquidity following recent asset monetization.
23May 25
GOCL Corp Reports Strong Q4 Results with 371% Surge in Net Profit, Announces Dividend
GOCL Corporation Limited reported a consolidated net profit of ₹231.00 crore for Q4, up 371% year-over-year, despite an 11.4% revenue decline to ₹140.00 crore. The company's board recommended a dividend of ₹10.00 per equity share. Financial data shows a 500% increase in net profit to ₹92.40 crore, with revenue rising 39.5% to ₹328.30 crore. Other income grew significantly by 178.7% to ₹190.10 crore, offsetting a 484.9% decline in operating profit. Earnings per share improved from ₹3.12 to ₹18.64.
22May 25
GOCL Corp's Q4 Net Profit Surges, Announces Dividend
GOCL Corporation Limited reported a significant increase in Q4 consolidated net profit, rising to ₹231.00 crore from ₹49.00 crore year-over-year. However, revenue decreased by 11.39% to ₹140.00 crore. The company's board recommended a dividend of ₹10.00 per equity share. Compared to the previous quarter, net profit declined from ₹924.00 crore.
GOCL Corporation
292.50
-1.70
(-0.58%)
1 Year Returns:-19.83%
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