Srikalahasthi Pipes is currently trading at Rs 276.60, up by 8.50 points or 3.17% from its previous closing of Rs 268.10 on the BSE.
The scrip opened at Rs. 277.00 and has touched a high and low of Rs. 285.30 and Rs. 274.90 respectively. So far 98069 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. 159.80 on 12-Jun-2015.
Last one week high and low of the scrip stood at Rs. 271.00 and Rs. 255.00 respectively. The current market cap of the company is Rs. 1098.67 crore.
The promoters holding in the company stood at 50.78%, while Institutions and Non-Institutions held 2.33% and 46.89% respectively.
Srikalahasthi Pipes has received its board’s approval for Capex of Rs 80 crore. Of which, the company will invest Rs 55 crore towards setting up of Ferro Alloys Plant, while Rs 25 crore will be invested in setting up of Double Walled Corrugated (DWC) plant.
The company’s board has also recommended a dividend of Rs 5 or 50% per share for the year ended March 31, 2016.
Srikalahasthi Pipes is engaged in the manufacturing of Ductile Iron pipes, pig iron and portland slag cement with DI pipes being the main product.
| Company Name | CMP |
|---|---|
| AIA Engineering | 4486.70 |
| Alicon Castalloy | 660.00 |
| Nelcast | 138.00 |
| Steelcast | 292.20 |
| Synergy Green Inds. | 572.55 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: