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Gujarat Raffia Industries Q3 Result 2024: Date and Time, Share Price and Target

Post Last Updates by Ankit: Friday, February 16, 2024 @ 5:09 PM

Gujarat Raffia Industries Q3 Result 2024: Date and Time, Share Price and Target

Baek XX Chapter 62


News: Gujarat Raffia Industries, a prominent player in the packaging industry, recently released its Q3 2024 results. Investors and market enthusiasts are keen to know how the company performed during this period. Let’s dive into the details!

Date and Time of Announcement

The eagerly awaited Q3 results are scheduled to be announced on February 9, 2024. Mark your calendars and stay tuned for the official update.

Share Price Movement

As of the last trading session, Gujarat Raffia Industries’ share price experienced a slight dip, closing at ₹49.05 on the NSE. This represents a 1.91% decrease from the previous day’s closing price of ₹50.00.

Target Analysis

While we await the official release of the Q3 financials, analysts and investors are closely monitoring the company’s performance. The target price remains a topic of interest. Keep an eye out for further updates as experts evaluate Gujarat Raffia’s growth potential.

Key Metrics

Here are some essential metrics related to Gujarat Raffia Industries:

  • PE Ratio: Currently at 42.44.
  • Earnings Per Share (EPS): TTM stands at ₹1.16.
  • Market Capitalization (MCap): Approximately ₹26.51 crore.
  • Price-to-Book (PB) Ratio1.34.
  • Dividend Yield: Currently not applicable.
  • Face Value: ₹10.00.

Recent Performance

Over the past year, Gujarat Raffia Industries’ stock has shown resilience, with a 65.15% increase. The company’s consistent growth trajectory is worth noting.

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About Gujarat Raffia Industries :

Gujarat Raffia Industries Limited (GRIL) is a prominent player in the world of industrial materials. Established in 1984, this Indian company has been weaving success stories ever since. Let’s delve into what makes GRIL a name to reckon with.

What Does GRIL Do?

GRIL specializes in manufacturing and marketing a range of essential products. Here’s a glimpse of their offerings:

  1. PE Tarpaulin: These sturdy tarps protect against the elements, making them indispensable for covering goods, vehicles, and more.
  2. Plastic Sheeting: Versatile and durable, plastic sheets find applications in construction, agriculture, and packaging.
  3. Ground Sheeting: Used for ground cover, these sheets prevent weed growth and soil erosion.
  4. Geomembranes: Impermeable membranes that safeguard against leaks and seepage in ponds, canals, and landfills.
  5. Tents and Shelters: Whether it’s camping or disaster relief, GRIL’s tents and shelters provide reliable protection.
  6. Pond and Canal Linings: These linings ensure efficient water storage and distribution.
  7. Fumigation Covers: Essential for pest control, these covers shield stored goods.
  8. HDPE Woven Bags: Sturdy bags for packaging various materials.
  9. PP Woven Bags: Lightweight and strong, these bags are widely used in agriculture and industry.
  10. Vermibeds and Ropes: Supporting organic farming and other applications.

Quality Assurance

GRIL’s manufacturing facilities boast cutting-edge technology, ensuring top-notch quality. They prioritize a conducive working environment, which reflects in their products.

Solar Foray

In a recent development, GRIL has ventured into the solar sector. Their commitment to innovation and sustainability drives this expansion.

As Gujarat Raffia Industries unveils its Q3 results, investors should keep a close watch on the share price movement and expert analyses. Stay informed and make informed investment decisions.

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