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GMM Pfaudler soars 14% to hit a new high, rallies 29% in one week

GMM Pfaudler is a leading supplier of process equipment to the pharmaceutical and chemical industry segments.

GMM Group's manufacturing facility at Ahmedabad (Gujarat), India
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GMM Group's manufacturing facility at Ahmedabad, Gujarat.

SI Reporter Mumbai
Shares of GMM Pfaudler rallied 14 per cent to hit an all-time high of Rs 3,525 on the BSE on Monday on the back of heavy volumes. The stock surpassed its previous high of Rs 3,461, touched on February 19, 2020.

GMM Pfaudler is a leading supplier of process equipment to the pharmaceutical and chemical industry segments. In the past one week, the stock has rallied 29 per cent, as compared to a 3 per cent rise in the S&P BSE Sensex. It has zoomed 85 per cent from Rs 1,907 touched on March 19, 2020.

The company’s

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