Gretex Corporation saw a significant volume of 132,847 shares traded at an average price of approximately ₹378, in a transaction carried out by Mansukh Securities & Finance Ltd on May 20, 2026.
Gretex Corporate Services Limited
GCSLPrice History
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Gretex Corporation has been appointed to oversee the Initial Public Offering (IPO) of a Ferro Alloys company, aiming for listing either on BSE's Small and Medium Enterprises platform or NSE's Emerge segment.
Gretex Corporate Services' board has agreed to distribute a 7% dividend for the fiscal year 2026, pending approval at the AGM. Additionally, they have authorized the issuance of approximately 19.51 lakh fully convertible warrants worth ₹69.8 crore on a preferential basis.
Gretex Corporate Services Limited demonstrated resilience in Q4 FY26, transitioning from a loss to profit, indicating operational enhancements even in challenging market conditions, despite a decrease in net sales.
Gretex Corporate Services Ltd has reported a significant turnaround in Q4 FY26 profits, posting a gain of ₹7.2 crore compared to a loss of ₹21 crore last year. The board also recommended a dividend of ₹0.70 per share. As a result, the stock touched a 52-week high of ₹391.5 today, marking an intraday gain of 1.8%.
Gretx Corporation has concluded its FY26 financial review, with no changes requested. The joint auditor has been reappointed, and a new secretarial auditor selected. Shareholders can expect a 7% final dividend distribution for the year.
Gretex records a significant turnaround in Q4, reporting a profit of ₹48 million compared to a loss of ₹171 million the previous year. However, revenue declined by 42% year-over-year, reaching ₹348 million.
Gretex has partnered with a Maharashtra-based electric vehicle company for manufacturing and distribution initiatives. The EV firm aims to list on either the BSE or NSE Emerge platform for Small and Medium Enterprises, adhering to SEBI regulations.
Mansukh Securities Finance Limited offloaded approximately 115,704 shares of Gretex Corporate Services at an average price of around ₹372.1 in a recent trade on May 5, 2026. This transaction could suggest potential changes in the market sentiment towards the company.
Gretex Corporation will release their Q4 and FY2026 financial results on May 7, 2026. Trading in the company's shares is currently suspended due to insider trading regulations and will only resume after 48 hours post-results declaration.
Amit Jalan has made a significant investment in Gretex Corporate Services, purchasing approximately 200,000 shares at an average price of ₹339 each. This move signals continued confidence in the company's growth prospects.
Gretex Corporate Services has been appointed by a local retail company from Lucknow for their Small and Medium Enterprises (SME) listing process. This partnership could potentially increase Gretex's chances of facilitating listings on either BSE SME or NSE Emerge, strengthening their position in the market.