GMM Pfaudler is a leading supplier of process equipment to the pharmaceutical and chemical industry segments.
In Q3FY20, the company's Ebitda improved significantly by 46 per cent YoY at Rs 30.4 crore, while margins expanded 400 basis points to 20 per cent versus 16 per cent in Q3 of last year.
The stock rallied 9% to Rs 1,247 on Friday, extending its Thursday's 4% gain on the BSE in an otherwise range-bound market on expectations of strong earnings growth