Company Profile

Gokul Agro Resources’ wholly owned subsidiary -- Riya Agro Industries has entered into a Memorandum of Agreement (MOA) with the Government of Andhra Pradesh represented by the Commissioner of Horticulture & Oil Palm Commissioner for Oil Palm Development programme in the Ananthapuramu district of Andhra Pradesh.

Gokul Agro Resources (GARL), incorporated in the year 2014, is one of the leading and fastest growing FMCG company engaged in production, distribution & exports of various Edible, Non-Edible oils & its derivatives & Feed Meals.

Gokul Agro Resources is currently trading at Rs. 115.75, up by 2.75 points or 2.43% from its previous closing of Rs. 113.00 on the BSE.

The scrip opened at Rs. 112.50 and has touched a high and low of Rs. 116.00 and Rs. 112.50 respectively. So far 4180 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 135.00 on 14-Dec-2023 and a 52 week low of Rs. 94.90 on 18-May-2023.

Last one week high and low of the scrip stood at Rs. 117.80 and Rs. 107.45 respectively. The current market cap of the company is Rs. 1696.75 crore.

The promoters holding in the company stood at 73.62%, while Institutions and Non-Institutions held 0.76% and 25.62% respectively.

Gokul Agro Resources’ wholly owned subsidiary -- Riya Agro Industries has entered into a Memorandum of Agreement (MOA) with the Government of Andhra Pradesh represented by the Commissioner of Horticulture & Oil Palm Commissioner for Oil Palm Development programme in the Ananthapuramu district of Andhra Pradesh.

Gokul Agro Resources (GARL), incorporated in the year 2014, is one of the leading and fastest growing FMCG company engaged in production, distribution & exports of various Edible, Non-Edible oils & its derivatives & Feed Meals.

Bajaj Finserv’s unlisted insurance subsidiary -- Bajaj Allianz General Insurance Company has reported gross direct premium underwritten of Rs 1,975.04 crore in the month of January 2024 as compared to Rs 1,674.41 crore in same period a year ago, i.e up by 17.95%. Besides, gross direct premium underwritten up-to-the month of January 2024 stood at Rs 17,515.16 crore. 

Coal India is planning to take the total number of e-vehicles at its mines to 681 by FY2025-26 from 178 at present. The company is asserting on hiring electric vehicles at different mines and subsidiary headquarters. The present number of e-vehicles in Coal India is 178. The company has taken various initiatives for reduction of carbon emission in mining operations which includes deployment of e-vehicles in all its subsidiary companies.

NTPC is planning to raise up to $750 million (about Rs 6,222 crore) in the form of unsecured term loan from foreign investors. The proposed facility is being raised under automatic route as permitted under External Commercial Borrowing (ECB) guidelines of the RBI. The bids from banks/financial institutions should be a comprehensive, unconditional, firm and fully underwritten offer for the full amount of the proposed facility. 

Dynamatic Technologies has received new contract from Airbus to manufacture and supply the main passenger doors, service doors, cargo doors and over-wing emergency exit doors for the A220. Aircraft doors are critical structures, incorporating advanced technologies to meet the stringent requirements for safety and overall efficiency. This contract not only marks a significant milestone, but also showcases the success of the Make in India initiative. Over the past decade, Airbus and Dynamatic have collaborated to develop a fully qualified ecosystem of over 100 aerospace companies ranging from MSME to Large scale organizations.

Gokul Agro Resources (GARL) has received approval for proposed acquisition of 10,000 Equity Shares of Rs 10 each representing 100% paid-up equity share capital of Riya Agro Industries. The object of acquisition is to expand the product line of the company under Oil and Seed Segment. The Board of Directors of the Company in its Meeting held on February 8, 2024 has approved the same. 

IRCTC has signed a MoU with Govt of Uttarakhand through Uttarakhand Tourism Development Board (UTDB) on February 8, 2024 for taking dedicated Bharat Gaurav Tourist Trains through IRCTC and operating the trains originating from different cities/Stations of the country to Uttarakhand. The objective is to bring the Tourists from across India to visit the tourist places within Uttarakhand and to promote the lesser known destinations in the state on tourism circuits.

Bharat Heavy Electricals (BHEL) has received an order from HPGCL (Haryana Power Generation Corp.) for setting up the 1x800 MW Ultra Super Critical Expansion Unit at DCRTPP Yamuna Nagar.

Gokul Agro Resources (GARL) has received approval for proposed acquisition of 10,000 Equity Shares of Rs 10 each representing 100% paid-up equity share capital of Riya Agro Industries. The object of acquisition is to expand the product line of the company under Oil and Seed Segment. The Board of Directors of the Company in its Meeting held on February 8, 2024 has approved the same. 

Gokul Agro Resources (GARL), incorporated in the year 2014, is one of the leading and fastest growing FMCG company engaged in production, distribution & exports of various Edible, Non-Edible oils & its derivatives & Feed Meals.