Auto ancillary manufacturer GNA Axles witnessed a V-shaped recovery as demand picked up sharply. The company in its Q3 earnings reported a 74.4 percent growth in domestic revenue compared to the same quarter last year. Overall revenues grew by 28.9 percent.
The domestic business outlook for the near-to-medium term is promising. The outlook is also positive for the export market.
Moneycontrol.com’s Nitin Agarwal gets more details on the stock’s performance in the special segment ‘Moneycontrol Pro Ideas For Profit’.
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(Edited by : Ajay Vaishnav)