PG Electroplast is currently trading at Rs. 437.50, up by 2.00 points or 0.46% from its previous closing of Rs. 435.50 on the BSE.
The scrip opened at Rs. 452.00 and has touched a high and low of Rs. 452.00 and Rs. 427.40 respectively. So far 245 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 501.00 on 16-Mar-2021 and a 52 week low of Rs. 36.65 on 28-Jul-2020.
Last one week high and low of the scrip stood at Rs. 456.05 and Rs. 413.20 respectively. The current market cap of the company is Rs. 842.80 crore.
The promoters holding in the company stood at 69.83%, while Institutions and Non-Institutions held 1.06% and 29.11% respectively.
PG Electroplast (PGEL) has lined up an investment of Rs 100 crore for the ongoing fiscal year (FY22), of which the majority will be spent on setting up a new air-conditioner manufacturing plant at Ahmednagar in Maharashtra.
The company, which had to put on hold its CAPEX plans when the first wave of COVID-19 pandemic hit India last year, is now going ahead with its planned expansions and is also planning to apply for the PLI scheme for air-conditioners.
PGEL is a diversified Electronic Manufacturing Services and Plastic Injection Molding company catering to leading OEMs in Consumer Electronics and Automotive Industry.
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