Shares of GNG Electronics surged 13% on Wednesday, November 4, to hit a record high of ₹776.25 on the BSE, as investors reacted to the company's strong September quarter results for FY27. The stock opened at ₹735.45, compared with its previous close of ₹686.50, before climbing to an intraday high of ₹776.25.
The rally has extended the stock's impressive run, with GNG Electronics shares now soaring 225% from their 52-week low of ₹239, recorded in January 2026.
The company reported strong growth across revenue, operating profitability and net profit, alongside an improvement in margins, as demand for refurbished information and communication technology (ICT) devices continued to support its business.
GNG Electronics reported a 72.5% year-on-year (YoY) increase in consolidated profit after tax (PAT) to ₹56.4 crore in Q2FY27, compared with ₹32.7 crore in the corresponding quarter last year.
Revenue from operations grew 42% YoY to ₹624.8 crore from ₹439.9 crore. EBITDA more than doubled, rising 100.7% to ₹93.9 crore against ₹46.8 crore in Q2FY26.