SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Srikalahasthi Pipes trades jubilantly on bagging orders worth Rs 1,053 crore

28 Dec 2015 Evaluate

Srikalahasthi Pipes is currently trading at Rs. 270.50, up by 17.50 points or 6.92% from its previous closing of Rs. 253.00 on the BSE.

The scrip opened at Rs. 271.00 and has touched a high and low of Rs. 275.00 and Rs. 268.20 respectively. So far 25325 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 349.00 on 05-Aug-2015 and a 52 week low of Rs. 69.15 on 26-Dec-2014.

Last one week high and low of the scrip stood at Rs. 275.00 and Rs. 244.20 respectively. The current market cap of the company is Rs. 1006.02 crore.

The promoters holding in the company stood at 50.78% while Institutions and Non-Institutions held 3.85% and 45.37% respectively.

Srikalahasthi Pipes (SPL), a water infrastructure company and a leading Ductile Iron Pipe manufacturer in the country, has bagged orders of Rs 1,053 crore during the month of December, 2015 for supply of Ductile Iron Pipes.

Out of total Rs 1,053 crore, Rs 891 crore orders are for Telangana Drinking Water Supply Project (popularly known as Telangana Water Grid). These orders are mainly from major Infrastructure companies which include L&T, NCC, Megha Engineering and Infrastructures, Indian Hume Pipes, KLSR Infratech amongst others.

Srikalahasthi Pipes is engaged in the manufacturing of Ductile Iron pipes, pig iron and portland slag cement with DI pipes being the main product.

Srikalahasthi Pipes Share Price

201.15 0.00 (0.00%)
12-Jan-2022 18:01 View Price Chart
Peers
Company Name CMP
AIA Engineering 3958.20
Alicon Castalloy 684.70
Nelcast 141.10
Steelcast 295.55
Synergy Green Inds. 514.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×