This textile stock hits record high after 15 years on strong Q3 results

Gokaldas Exports hit record high of Rs 410.65, up 10% and surpassed its previous high of Rs 405 hit on March 16, 2006.

Shares of Gokdaldas Exports moved higher by 10 per cent to Rs 410.65 on the BSE, hitting a record high after a gap of over 15 years as the company reported nearly five-fold jumped in net profit at Rs 30.11 crore for the quarter ended December 2021 (Q3FY22). It had posted profit of Rs 6.05 crore in a year ago quarter (Q3FY21).

The stock of the textile company surpassed its previous high of Rs 405 hit on March 16, 2006. The trading volumes on the counter doubled with a combined 856,000 shares having changed hands on the NSE and