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Texmo Pipes strengthens on commencing commercial production of CPVC Pipes and Fittings

Texmo Pipes And Products Ltd. | Plastic Products | Chemicals & Fertilizers | BSE: 533164 | NSE: TEXMOPIPES

20 Jun 2014 Evaluate

Texmo Pipes & Products is currently trading at Rs 10.46, up by 0.50 points or 5.02% from its previous closing of Rs. 9.96 on the BSE.

The scrip opened at Rs 10.50 and has touched a high and low of Rs 10.70 and Rs 10.41 respectively. So far 73140 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 12.35 on 10-Jun-2014 and a 52 week low of Rs. 2.70 on 25-Jun-2013.

Last one week high and low of the scrip stood at Rs. 11.00 and Rs. 9.41 respectively. The current market cap of the company is Rs. 23.72 crore.

The promoters holding in the company stood at 25.87% while Institutions and Non-Institutions held 3.40% and 67.91% respectively.

Texmo Pipes and Products has commenced the commercial production of one of its most prestigious and much awaited project of CPVC Pipes and Fittings with effect from June 19, 2014. There are very few manufacturers of CPVC Pipes and Fittings in India as raw material and technology is very costly. Also there are very few suppliers of CPVC raw material in the world who gives material only after getting into agreement.

CPVC Pipes and Fittings are mainly used in bathroom and sanitary. The special characteristic it possesses is of sustaining temperature up to + and - 100 degrees. The company is already present in the market with full range of UPVC and SWR Pipes and Fittings. Now with commencement of CPVC Pipes and Fittings, the company will be covering full range of bathroom and sanitary. In the near future, the company will get big market share and sale will get major boost accordingly.

Texmo Pipes and Products is engaged in manufacturing of range of PVC and HDPE pipes viz. suction and delivery hose pipe, rigid PVC pipes, elastomeric sealing ringfit PVC pipe (gasket pipe), PVC casing and ribbed screen casing pipes, SWR pipe, plumbing pipe, conduit pipe, caping casing strips, column pipe, HDPE plain pipe, sprinkler pipe, PLB HDPE cable duct and drip irrigation system.

Texmo Pipes & Prod. Share Price

47.39 0.06 (0.13%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Supreme Industries	3705.80
Astral	1612.85
Finolex Inds	174.70
Nilkamal	1320.05
Jain Irrigation Sys	33.05
View more..

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Texmo Pipes strengthens on commencing commercial production of CPVC Pipes and Fittings

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