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HomeSHARE MARKET₹185 Share Now Only ₹3; Now This Share Are Continuously Hitting Upper...

₹185 Share Now Only ₹3; Now This Share Are Continuously Hitting Upper Circuit; What’s The Reason?

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Gala Global Products Ltd: Today, in this post we’ll discuss about Gala Global Products latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

Gala Global Products Ltd (GGPL) shares are constantly hitting the upper circuit. 

The small-cap shares have also hit a circuit upper of 5 percent on Wednesday. They reached a high intraday of Rs 3.23. 

This sudden movement of shares is due to a major reason.

HDFC Bank has sold about 2.90 lakh or 2,89,907 shares of the company. HDFC Bank sold these shares at Rs 2.84 each.

Interestingly, GGPL shares hit a 52-week high of Rs 2.80 on Monday. Since then, it has experienced a continuous upper circuit of 5 percent.

What Are The Details?

According to the shareholding pattern for GGPL, HDFC Bank Ltd does not appear on the list of shareholders. 

The Indian baking giant holds less than 1 percent of the company. This small-cap below Rs 5 stock saw a spike in volume on March 26th, 2024. 

On May 10, 2018, the stock was traded without bonus and after the split. In 2018, the company board announced a 1:20 bonus share issuance and a 1:1 stock split. 

It was the second announcement of bonus shares for the small-cap stocks. 

On 10 November 2017, small-cap stock ex-bonus trading was carried out to determine the shareholders who were eligible for a 1:20 bonus share issue.

Condition Of Shares

Gala Global Products Limited shares have dropped by 15 percent over the past month. This stock dropped by nearly 28 percent over the last six months. 

This stock dropped by 51 percent over a year. In 2018, the share price was Rs 185. The market capitalization of the company has increased to Rs 17.63 crore.

About Gala Global Products Ltd

Gala Global Products Limited, a company based in India, is involved with the printing of stationary items. 

School Stationery items include Exercise Books, Drawing Books, Counter Books, Composition Books, Sharpeners & Erasers, Pens, Crayons & Watercolors, School Bags, Sketch pen & Pencil Colors, Pouches, Customized School Kits, and Answer Sheets & Supplementary. 

Office Stationery items include Spiral & Wire Diaries, Files & Folders, Date Diaries & Planners, Printed Stationery, Loose Leaf Pads, Registers, Writing & Shorthand Pads, Thermal Paper Rolls, Laptop Bags, and Cello Tapes. 

Educational Products items include Foam Learning Game & Puzzles, Story Books, Coloring Books, Sketch Books, Educational Charts, Learning Boards, Flash Cards, board Game & puzzles, Wooden Game & Toys, Wooden Puzzles, Jigsaw Puzzles, Art & Craft Games. 

Digital & Offset Printing items include Registers, Spiral & Wire Diaries, Files & Folders, Date Diaries & Planners, Printed Stationery, and Loose Leaf Pads.

Fundamental Analysis of Gala Global Products Ltd

Market Cap₹ 17.6 Cr.
Current Price₹ 3.23
52-wk High₹ 10.12
52-wk Low₹ 2.80
Stock P/E
Book Value₹ 7.83
Dividend0.00 %
ROCE2.74 %
ROE0.07 %
Face Value₹ 5.00
P/B Value0.41
OPM-0.58 %
EPS₹ -0.05
Debt₹ 23.2 Cr.
Debt to Equity0.54

Gala Global Products Ltd Shareholding Pattern

Promoters Holding
Dec 202249.97%
Mar 202348.54%
June 202343.36%
Sept 202337.02%
Dec 20231.38%
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Public Holding
Dec 202250.03%
Mar 202351.47%
June 202356.63%
Sept 202362.99%
Dec 202398.61%

Gala Global Products Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 99.65 Cr
2020₹ 99.91 Cr
2021₹ 104.81 Cr
2022₹ 103.39 Cr
2023₹ 89.63 Cr

Last 5 Years’ Net Profit:

2019₹ 2.12 Cr
2020₹ 1.97 Cr
2021₹ 2.32 Cr
2022₹ 1.31 Cr
2023₹ -0.30 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.11
20200.26
20210.11
20220.38
20230.57

Last 10 Years’ Profit Growth:

10 Years:-3%
5 Years:-59%
3 Years:-75%
Current Year:-122%

Last 10 years’ Return on Equity (ROE):

10 Years:5%
5 Years:4%
3 Years:3%
Last Year:0%
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Sales Growth Over 10 Years:

10 Years:38%
5 Years:0%
3 Years:-5%
Current Year:-25%

Conclusion

This article is a complete guide about Gala Global Products Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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