GTV Engineering shares climb 12% following strong earnings and bonus share announcement
Shares of GTV Engineering, a micro-cap firm specializing in the power, steel, cement, infrastructure, and mining sectors, surged 11.85% to reach a daily high of ₹78.80. This rally followed the company's Q1 FY27 financial report, which showed a 104% year-on-year revenue growth to ₹33.67 crore and a 109% increase in net profit to ₹4.35 crore. Additionally, the company announced a 2:1 bonus share issue, which will grant qualifying investors two extra shares for each single share they currently own.
by shortkt.com✓