Gokaldas Exports advanced 5.73% to Rs 179.90 at 11:16 IST on BSE on reports the company has secured an order to supply 2.50 lakh units of sportswear like jumpers, track-suits & vests for the thousands of athletes participating in Beijing Olympics.
The stock hit a high of Rs 202 and a low of Rs 175 so far during the day. The stock had a 52-week high of Rs 299 on
The company’s current equity is Rs 17.19 crore. Face value per share is Rs 5.
The current price of Rs 179.90 discounts its Q3 December 2007 annualized EPS of Rs 20, by a PE multiple of 9.
Gokaldas Exports’ net profit declined 3.6% to Rs 17.19 crore on 10.1% growth in net sales to Rs 281.13 crore in Q3 December 2007 over Q3 December 2006.
Gokaldas Exports is engaged in designing, manufacturing and selling range of garments for men, women and children and caters to the needs of several international fashion brands and retailers. The company’s products include coats, suits, jackets, parkas, windcheaters, ski wear; warm-ups, surf wear, swim wear; trousers, shorts; casual wear shirts, ladies blouses and dresses for customers in international market.
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