Gujarat Toolroom share price hits upper circuit on second day in a row ahead of Q4 results 2024
Q4 results 2024: Gujarat Toolroom share price has been on an uptrend for the last two days. The small-cap stock of 162 crore came under the radar of Dalal Street bulls when the company declared its board meeting date for discussing and approving the financial results for Q4FY24. In an exchange filing, the small-cap company informed the Indian stock market exchanges about the board meeting date and its agenda on April 29 2024.
After this stock market news outbreak, small-cap stock below ₹50 touched a 5 per cent upper circuit on all following sessions, i.e., on Tuesday and Thursday. In other words, the small-cap stock has been hitting the upper circuit for the last two straight sessions. Informing the board meeting date to the Indian stock market bourses, the small-cap company said, "The Board of Directors of the Company meeting is scheduled on 06/05/2024, inter alia, to consider and approve 1.
Approval of the Annual Financial Results for the Fiscal Year ended March 31, 2024, reflecting our sustained progress and financial performance amidst dynamic market conditions. 2. Deliberation and decision-making on appointing a proficient Consultant/s to facilitate our listing on the prestigious National Stock Exchange (NSE) and Nasdaq.
This strategic move aligns with our global vision of expanding our shareholder base, showcasing our confidence in Gujarat Toolroom' future prospects. 3. Comprehensive review and optimistic discussion on our business updates for the upcoming quarters, highlighting our proactive approach and strategic initiatives to drive growth.
We will explore expansion opportunities for our Mining Division in Zambia, underlining our commitment to diversification and market leadership. 4. Other Business with the
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