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Prakash Pipes touches roof on the bourses

21 Apr 2020 Evaluate

Prakash Pipes is currently trading at its upper limit of Rs. 37.50, up by 1.75 points or 4.90% from its previous closing of Rs. 35.75 on the BSE.

The scrip opened at Rs. 37.50 and has touched a high and low of Rs. 37.50 and Rs. 37.50 respectively. So far 14887 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 109.35 on 19-Jun-2019 and a 52 week low of Rs. 21.40 on 27-Mar-2020.

Last one week high and low of the scrip stood at Rs. 37.50 and Rs. 30.95 respectively. The current market cap of the company is Rs. 73.00 crore.

The promoters holding in the company stood at 39.30%, while Institutions and Non-Institutions held 1.70% and 59.00% respectively.

Prakash Pipes has received all the regulatory permissions to operate its Flexible Packaging Plant at Kashipur, Uttarakhand, which provides material for packaging of essential commodities. On the basis of the approvals from the appropriate authorities, the company has started normal production at its Flexible Packaging Plant with effect from April 18, 2020. The company has taken all the necessary measures towards safety & wellbeing of its employees, maintaining required standards of hygiene and social distancing.

Prakash Pipes manufactures a wide range of products such as Agri Pipes, Column Pipes, Plumbing Pipes, Casing Pipes, SWR Pipes, Garden Pipes and their related Fittings. Its products find application in irrigation, drainage, housing, and sanitation

Prakash Pipes Share Price

219.85 2.30 (1.06%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Supreme Industries 3705.80
Astral 1612.85
Finolex Inds 174.70
Nilkamal 1320.05
Jain Irrigation Sys 33.05
View more..

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