Garware Hi-Tech nearly doubles in a year as record revenue lifts brokerage outlook
Garware Hi-Tech Films shares rose 98.6% over one year. The specialty films maker posted record quarterly revenue and raised its FY27 EBITDA margin guidance.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Shares of Garware Hi-Tech Films Limited slipped marginally over the past week, but the stock is up 125.47% so far in 2026 and 98.60% over the past year. According to More returns ahead? Target, which cites Mint, brokerage InCred Equities sees about 12% upside and keeps its Buy rating. In the second quarter of fiscal 2026-27 the company reported its highest ever quarterly revenue of Rs.696 crore, up 22% year on year, while EBITDA rose 42% to Rs.169 crore. Management raised its FY27 EBITDA margin guidance to 25-29%, and the company remains debt-free with Rs.933 crore in cash and liquid investments.
why it matters
For markets this is a story of strong results at a small specialty films maker after a sharp rise in its share price. A near doubling over one year means investor expectations have already risen considerably, so the stock's next moves will depend on whether upcoming reports confirm the improved guidance. The news concerns one company and has limited relevance for the broader market.
tags
instruments
sources
- Garware Hi-Tech doubles investors' money in 1 year! Rs.1 lakh grows to nearly Rs.2 lakh — More returns ahead? Target, 31 October 2026 at 13:21 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗