Gujarat Alkalies & Chemicals Ltd share Price

Gujarat Alkalies & Chemicals Ltd is in the Chemical sector is having a market capitalization worth Rs. 3,296.59 crores, it is incorporated in the year 1973. It has reported consolidated sales of Rs. 716.44 crores in June 2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 530001, and also listed on the National Stock Exchange (NSE) with the code GUJALKALI.

Gujarat Alkalies & Chemicals Ltd (GACL) was incorporated as a joint venture between Gujarat state government and Gujarat Industrial Investment Corporation Ltd. This meant that the Government of Gujarat was the core promoter of GACL. GACL is one of the largest producers of caustic soda in the country with a production capacity of 1087 TPD (ton per day). GACL is in the business of manufacturing industrial-grade chemical products. GACL has received various ISO certifications for its manufacturing facilities. Over the years, GACL has installed two manufacturing units, located in the districts of Vadodara and Dahej. The promoters of the company own 46.28% of the stake in the company, Foreign Institutional Investors (FII) own 1.36% of any stake in the company, Domestic Institutional Investors (DII) own 2.39%, and others (such as public & retail investors) hold the balance of 49.97%.

In June 2021, quarterly net revenue was Rs. 716.44 crores, which has increased by approximately 52.56 % from Rs. 469.61 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 63.5 crores, which has risen sharply and increased by nearly 98.44% from a net profit of Rs. 32.0 crores in June 2020. In June 2021, the reported operating profit was at Rs. 606.59 crores, which has also increased by 57.49% as compared to an operating profit of Rs. 387.12 crores for the quarter ending in June 2020. From an EPS of Rs. 4.36 in June 2020, the EPS of Gujarat Alkalies & Chemicals Ltd has improved and reached a positive EPS of Rs. 8.65 per share in June 2021. GUJALKALI's stock closed at Rs. 448.90 on 27th August’2021 (NSE). Gujarat Alkalies & Chemicals Ltd has returned 43.33 % in the last six months and returned 21.66 % positively in the previous year.