Continued impetus towards increasing the share of margin-accretive and niche products, backed by a positive demand outlook from foreign markets and local customers, puts the company in a sweet spot.
Technical textiles manufacturer Garware-Wall Ropes (GWRL) today posted 6.9 percent growth in profit after tax at Rs 28.2 crore for the quarter ended September 30, compared to the same period last year.
While Garware-Wall Ropes appears to be well-positioned to innovate its product offerings, Sarla Performance Fibers is yet to make a mark given its growth potential. Nonetheless, both stocks appear to be reasonably valued for now.
Through a filing to the BSE, GWRL today announced signing of a memorandum of understanding (MoU) with Aero-T "showing intention to combine their capability for manufacturing and supply of advanced aerostats for Indian Defence".
The company has signed a Memorandum of Understanding (MoU) with Israel’s Aero-T showing intention to combine their capability for manufacturing and supply of advanced aerostats for Indian defence.
Max Financial | JP Power | Lupin | Dish TV | Jain Irrigation | Ashoka Buildcon | Sarla Performance Fibers and Kalpataru Power Transmission are stocks, which are in news today.
Sun Pharma | Tata Motors | GVK Power | Prabhat Dairy | Ujaas Energy | HPCL | Infibeam | MMTC | Prestige Estates | NMDC | Goodricke Group | BEML | Adani Transmission | NALCO | Muthoot Finance | Repco Home Finance | Voltamp and Reliance Infrastructure are stocks, which are in the news today.
Technical textiles manufacturer Garware Wall Ropes (GWRL) today reported a 22.3 percent net profit after tax (PAT) to Rs 17.86 crore in the quarter ending December 31, 2016, compared to the same period last year.
Tata Motors | Tata Steel | Axis Bank | Bank of Baroda | Hindalco Industries | Patel Engineering | LT Foods | SREI Infra | Ujjivan | Dish TV | Future Retail | Kotak Mahindra Bank | Fedders Lloyd | HSIL | Indian Hume Pipe | Fiem Industries and Suzlon are stocks, which are in the news today.
Ashwani Gujral of ashwanigujral.com recommends buying Garware Wall Ropes, Bharat Financial and Cairn India.
Ashwani Gujral of ashwanigujral.com advises buying Buy Lloyd Electric, Garware Wallrope and Escorts.
According to Ashwani Gujral of ashwanigujral.com, one can buy Maruti Suzuki, HPCL and Garware Wall Ropes.
Although the midcap index on Monday was at a lifetime high, Deepak Shenoy, Capitalmind.in says, there could be an upside of 2-3 percent but the risk to the downside is much more.
Tata Motors | DLF | Tata Steel | Gujarat Gas | Sobha | Aurobindo Pharma | Mahindra Holidays | Lupin | Palred Tech | Ricoh India | Astec | Garware Wall Ropes | Indian Hotels | MMTC | GTL Infra Projects | Viji Financehjmun | Vedanta | Hanung Toys | Indo Count and Zee Learn are stocks, which are in the news today.
Sun Pharma | SBI | Novartis India | RPG Life Sciences | HT Media | GMR Infra | DB Corp | ABG Shipyard | Alok Industries | Torrent Pharma | BPCL | United Spirits | Power Grid and Jet Airways are stocks, which are in the news today.
Kunal Saraogi of Equityrush is of the view that one may buy Tata Motors DVR with a target of Rs 307.
Firstcall is bullish on Garware Wall has recommended buy rating on the stock with a target price of Rs 360 in its research report dated March 16, 2016.
Firstcall is bullish on Garware Wall Ropes and has recommended buy rating on the stock with a target price of Rs 455 in its research report dated December 21, 2015.
Mayuresh Joshi of Angel Broking is of the view that one may look at MBL Infrastructure and Garware Wall Ropes.
Angel Broking is bullish on Power Garware Wall Ropes and has recommended buy rating on the stock with a target of Rs 423 in its November 5, 2015 research report.
Mayuresh Joshi of Angel Broking is of the view that Garware Wall Ropes may test Rs 390 in next 12 months.
Sudip Bandopadhyay of Destimoney Securities is bullish on Garware Wall Ropes with a target of Rs 350 and likes Maruti Suzuki.
Nooresh Merani, CEO at Analyse India is of the view that one can enter Garware Wall Ropes for a target of Rs 400.
Watch the interview of Nooresh Merani, CEO, Analyse India with Reema Tendulkar & Mangalam Maloo on CNBC-TV18, in which he shared his reading and outlook on market and specific stocks.
Mayuresh Joshi of Angel Broking is of the view that Garware Wall Ropes is a buying opportunity on declines.