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GOCL Corporation Shares Surge 15% After Strong FY26 Results
GOCL Corporation is a company whose shares are traded on the stock market.
Its share price rose sharply on 3 September.
The stock reached ₹448.75, about 14.5% above its earlier closing price.
Many more shares were traded than usual.
The jump came after the company reported its FY26 results.
Its total income increased to ₹425.57 crore.
Its profit from continuing operations more than doubled.
The company also proposed a ₹30 dividend per share.
Investors will use 22 September as the record date for the dividend, if members approve it.
GOCL Corporation shares rose nearly 15% to an intraday high of ₹448.75 on the BSE on Thursday, 3 September.
The stock opened at ₹415, compared with its previous close of ₹391.85, while trading volume increased more than 138-fold.
The rally followed the release of GOCL Corporation’s FY26 annual report.
FY26 consolidated total income rose nearly 40% year over year to ₹425.57 crore, while profit from continuing operations more than doubled to ₹279.60 crore.
The company recommended a ₹30-per-share final dividend, with 22 September set as the record date, subject to shareholder approval.
- Who
- GOCL Corporation, formerly known as Gulf Oil Corporation.
- What
- Its shares surged nearly 15% after the company released its FY26 annual report and announced dividend details.
- Where
- On the BSE.
- When
- Thursday, 3 September; the annual report was released the previous day according to the article.
- Why
- The reported FY26 financial improvement and the proposed final dividend appeared to support the share-price rally.
Key facts
- Intraday high
- ₹448.75
- Previous close
- ₹391.85
- FY26 total income
- ₹425.57 crore, up from ₹304.87 crore in FY25
- FY26 profit from continuing operations
- ₹279.60 crore, up from ₹106.52 crore in FY25
- FY26 total comprehensive income
- ₹1,616.94 crore, compared with ₹177.60 crore in FY25
- Proposed final dividend
- ₹30 per equity share of face value ₹2
- Dividend record date
- Tuesday, 22 September
Sources
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