I sense the EXPO like impact in GLAS with new US management and their vision. If you carefully analyze the growth recorded by EXPO is purely because of new strategies and synergy generated by the SG Holdings.
GLAS made Rs 0.46 for last QUARTER which is extremely positive outlook together with a substantial top line growth. Don’t forget GLAS declared a dividend of Rs 0.58 where the XD is due in coming month.
Good Luck