Tijaria Polypipes is currently trading at Rs. 15.20, up by 0.24 points or 1.60% from its previous closing of Rs. 14.96 on the BSE.
The scrip opened at Rs. 15.45 and has touched a high and low of Rs. 15.70 and Rs. 14.76 respectively. So far 13502 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 16.44 on 15-Jan-2018 and a 52 week low of Rs. 5.97 on 18-Oct-2017.
Last one week high and low of the scrip stood at Rs. 16.04 and Rs. 14.73 respectively. The current market cap of the company is Rs. 41.39 crore.
The promoters holding in the company stood at 60.25%, while the Non-Institutions held 39.75% stake in the company.
Tijaria Polypipes has received a single order of Rs 35.30 crore for supply of HDPE & PLB Ducts from Tata Projects. The same has to be executed within a period of 3 months. The company takes great pride in associating with one of the top most corporate brands in the world.
The company's plant (HDPE pipes) is presently running at 75 % of its installed capacity. An additional production line is being installed and will be ready by end of this month to cater to the additional robust demand of HDPE pipes.
Tijaria Polypipes manufactures high grade plastic based HDPE, MDPE, LDPE, LLDPE, uPVC and PPR pipes. The Company produces pipes for the field of plastics, HDPE, sprinkler, drop irrigation, micro irrigation, telecommunications, etc.
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