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Gokaldas Exports Announces Financial Results and Strategic Acquisition

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Gokaldas Exports Announces Financial Results and Strategic Acquisition

Gokaldas Exports Limited ( (IN:GOKEX) ) has provided an update.

Gokaldas Exports Limited announced the approval of its financial results for the quarter and nine months ending December 31, 2024, alongside plans to acquire a 13.30% stake in BRFL Textiles Private Limited. This strategic acquisition aims to enable backward integration, offering Gokaldas a competitive edge by securing high-quality fabric sourcing at competitive prices, thus potentially enhancing its market position.

More about Gokaldas Exports Limited

Gokaldas Exports Limited operates in the textile and apparel industry, focusing on manufacturing and exporting garments. The company is engaged in producing a wide range of fabrics to cater to the domestic and international markets.

YTD Price Performance: -14.51%

Average Trading Volume: 15,935

Current Market Cap: 69.73B INR

For an in-depth examination of GOKEX stock, go to TipRanks’ Stock Analysis page.

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