Gujarat Toolroom share price hits upper circuit on second day in a row ahead of Q4 results 2024

Gujarat Toolroom Q4 results 2024 date

Informing the committee gathering day to the Indian banal marketplace bourses, the small-cap institution said, "The Board of Directors of the Company gathering is scheduled connected 06/05/2024, inter alia, to see and o.k. 1. Approval of the Annual Financial Results for the Fiscal Year ended March 31, 2024, reflecting our sustained advancement and fiscal show amidst dynamic marketplace conditions. 2. Deliberation and decision-making connected appointing a proficient Consultant/s to facilitate our listing connected the prestigious National Stock Exchange (NSE) and Nasdaq. This strategical determination aligns with our planetary imaginativeness of expanding our shareholder base, showcasing our assurance successful Gujarat Toolroom' aboriginal prospects. 3. Comprehensive reappraisal and optimistic treatment connected our concern updates for the upcoming quarters, highlighting our proactive attack and strategical initiatives to thrust growth. We volition research enlargement opportunities for our Mining Division successful Zambia, underlining our committedness to diversification and marketplace leadership. 4. Other Business with the support of the Chairperson of the company."

Gujarat Toolroom news

The small-cap institution precocious declared a strategical determination to foray into the renewable vigor assemblage with the acquisition of 65 acres of onshore connected a semipermanent lease successful Gujarat. This important diversification of its concern portfolio underscores Gujarat Toolroom's committedness to biology sustainability and marks a pivotal measurement towards its aboriginal growth. The acquired onshore volition service arsenic the tract for Gujarat Toolroom's ambitious Hybrid Power Plant project, which integrates star and upwind vigor technologies to harness the region's abundant renewable resources.

The company's strategical task includes provisions for 15 on-shore upwind turbines, strategically placed crossed the tract to harness upwind powerfulness efficiently. This, combined with the dedication of astir 60 acres of onshore to star sheet installation, volition capitalize connected Gujarat's ample sunlight to make cleanable and sustainable electricity. Upon completion, the Hybrid Power Plant is projected to make 97.5 Megawatts of powerfulness per hour, making a important and affirmative publication to the region's vigor grid and perchance enhancing the company's fiscal performance.

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Published: 02 May 2024, 01:18 PM IST