Signet Industries surges on commissioning Third Generation equipment

01 Mar 2019 Evaluate

Signet Industries is currently trading at Rs. 38.25, up by 1.10 points or 2.96% from its previous closing of Rs. 37.15 on the BSE.

The scrip opened at Rs. 38.10 and has touched a high and low of Rs. 38.95 and Rs. 38.10 respectively. So far 1001 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 88.00 on 10-Apr-2018 and a 52 week low of Rs. 30.10 on 10-Oct-2018.

Last one week high and low of the scrip stood at Rs. 41.05 and Rs. 37.00 respectively. The current market cap of the company is Rs. 112.15 crore.

The promoters holding in the company stood at 70.74%, while Non-Institutions held 29.26%.

Signet Industries has commissioned World Class Third Generation equipment for production of Double-Wall Corrugated HDPE/PP pipes. Signet is capable of offering product from 100 mm to 500 mm in both stiffness classes of SN4 and SN8 in this state-of-the-art modern and highly automated plant. These pipes are pre-dominantly used in sewage water transportation. These pipes have unique advantages over traditional solutions.

Signet Industries is engaged in manufacturing of plastic products and whole sale trade of chemicals & plastic materials.

Signet Industries Share Price

61.75 -0.61 (-0.98%)
28-Mar-2024 16:01 View Price Chart
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