Name: Latest research reports of Gokaldas Exports Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Gokaldas Exports Ltd.
Rating: 5
Author: ICICI Securities Limited

Gokaldas Exports Ltd.

NSE: GOKEX | BSE: 532630 | ISIN: INE887G01027 | Industry: Textiles
| Await Turnaround

826.7000 9.15 (1.12%)

NSE Apr 17, 2025 15:30 PM

34.50% Fall from 52W High

Volume: 385.5K

Gokaldas Exports Ltd.

30 May 2023

826.70

1.12%

Sailing smoothly in turbulent tides

Buy: Gokaldas Exports Ltd.

ICICI Securities Limited

Gokaldas Exports’ (GEXP) Q4FY23 consolidated EBITDA at Rs701mn, although down 8.5% YoY, was above our / consensus expectations. Revenue at Rs5.2bn was flat QoQ (down 11% YoY) due to soft demand scenario in the company’s end-market (US).

Promoters pledged 73.91% of shares in last quarter. Total pledge stands at 96.28% of promoter holdings