Synopsis:
GOCL Corporation came into the spotlight following large bulk transactions on August 22, in which promoter Hinduja Capital sold a 6.77% stake and Legends Global Opportunities (Singapore) purchased a portion of the shares.
An energeticS and commercial explosives expertised company is in the spotlight today after large bulk deal transactions were completed on the stock exchanges on August 22. These variations show how the market and investors felt about the significant buying and selling that took place during that time.
With a market capitalization of Rs. 1,913.50 crore, GOCL Corporation Limited is trading at Rs. 386.70, down by 2.66 percent from its previous close of Rs. 397.25 per equity share.
What’s the deal?
According to the latest bulk and block deal data on BSE, promoter Hinduja Capital Ltd sold 16.78 lakh shares at an average price of Rs. 387.60 and 8.78 lakh shares at an average price of Rs. 386, amounting to a total of Rs. 98.98 crore. On the other hand, Legends Global Opportunities (Singapore) Pte. Ltd purchased 8.78 lakh shares worth approximately Rs. 33.91 crore at an average price of Rs. 386.
As per the bulk deal data on NSE, the promoter also sold 8 lakh shares at an average price of Rs. 389.58, valued at around Rs. 31.17 crore. Overall, the promoter traded a total stake of 6.77 percent in these transactions. As of June 2025, Hinduja Capital Ltd holds a 72.82 percent stake in the company.
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About the company
GOCL Corporation Limited, formerly Gulf Oil Corporation, is a diversified company with over 60 years of expertise in energetics and commercial explosives, serving the mining and infrastructure industries. It also operates in electronics manufacturing, metal cladding, and special projects for defence and space, along with a realty division managing land banks and commercial spaces.
It is trading at a price-to-earnings (P/E) ratio of 20.4x, which is lower than the industry average of 22.4. A return on equity (ROE) of about 7.45 percent and a return on capital employed (ROCE) of about 7.02 percent demonstrate the company’s financial position. The debt-to-equity ratio of the company stands at 0.71.
Written by Akshay Sanghavi
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