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PG Electroplast climbs on inking MOU with Jaina Group

30 May 2023 Evaluate

PG Electroplast is currently trading at Rs. 1658.55, up by 61.80 points or 3.87% from its previous closing of Rs. 1596.75 on the BSE.

The scrip opened at Rs. 1603.95 and has touched a high and low of Rs. 1700.95 and Rs. 1602.35 respectively. So far 10011 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1700.95 on 30-May-2023 and a 52 week low of Rs. 741.00 on 30-May-2022.

Last one week high and low of the scrip stood at Rs. 1700.95 and Rs. 1448.00 respectively. The current market cap of the company is Rs. 3817.46 crore.

The promoters holding in the company stood at 61.33%, while Institutions and Non-Institutions held 9.14% and 29.53% respectively.

PG Electroplast has signed Memorandum of Understanding (MOU) with Jaina Group to form a Joint Venture to Manufacture LED Televisions.

The Joint Venture (JV) Company will initially undertake ODM manufacturing of Google-certified LED Televisions with an option later to expand the partnership to include products like Refrigerators, IT Hardware, Wearables, and Hearables. The JV's purpose is to leverage both Parties' expertise and resources to create a strong and competitive business that can meet the growing demand for high-quality televisions and refrigerators.

PG Electroplast is a trusted one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India.


PG Electroplast Share Price

559.35 -1.90 (-0.34%)
20-Apr-2026 16:59 View Price Chart
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