India's Gujarat Industries Power Company hits over 6-month high after Q4 profit surge

Gujarat Industries Power

01/06/2026 05:22

** Shares of power generation firm Gujarat Industries Power Company GJIP.NS rise about 1% to 166.12 rupees, highest since November 2025
** Q4 profit rises 368.7%; revenue from operations up 26.6% 
** Declares dividend of 4.1 rupees/shr 
     ** Stock holds trailing 12-months PE of 17.64 vs industry median of 16.03 - LSEG data 
** YTD, stock up 4.7% vs 4.9% fall in Nifty 500 Index .NIFTY500  

 (Reporting by Abhinav Parmar in Bengaluru)
 ((Abhinav.Parmar@thomsonreuters.com;))