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PPAP Automotive moves up on starting commercial production from newly setup Gujarat plant

10 Jul 2018 Evaluate

PPAP Automotive is currently trading at Rs. 584.00, up by 3.25 points or 0.56% from its previous closing of Rs. 580.75 on the BSE.

The scrip opened at Rs. 578.00 and has touched a high and low of Rs. 591.00 and Rs. 578.00 respectively. So far 3083 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 721.00 on 01-Jan-2018 and a 52 week low of Rs. 310.00 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 591.00 and Rs. 560.00 respectively. The current market cap of the company is Rs. 814.80 crore.

The promoters holding in the company stood at 63.78%, while Institutions and Non-Institutions held 1.49% and 34.73% respectively.

PPAP Automotive has started commercial production from its newly setup Gujarat Plant situated at Village Ukhlod, Talluk Viramgam, District Ahmedabad, Gujarat.

PPAP Automotive is a leading manufacturer of high quality automotive sealing systems and exterior products in India. PPAP has an experienced engineering team, which is capable of designing and manufacturing products based on customer specifications.

Peers
Company Name CMP
SamvardhanaMotherson 164.50
Tube Investments 2580.40
Bosch 47711.40
UNO Minda 1223.50
Bombay Burmah Trdg. 1449.80
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