GMM Pfaudler is currently trading at Rs. 1492.80, up by 22.75 points or 1.55% from its previous closing of Rs. 1470.05 on the BSE.
The scrip opened at Rs. 1505.00 and has touched a high and low of Rs. 1515.20 and Rs. 1486.80 respectively. So far 22862 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1989.05 on 15-Dec-2022 and a 52 week low of Rs. 1350.00 on 18-Aug-2023.
Last one week high and low of the scrip stood at Rs. 1515.20 and Rs. 1465.00 respectively. The current market cap of the company is Rs. 6694.36 crore.
The promoters holding in the company stood at 25.18%, while Institutions and Non-Institutions held 39.07% and 35.75% respectively.
GMM Pfaudler’s promoter -- the Patel Family (through Millars Machinery Company) has completed acquisition of 1% equity stake in the company from Pfaudler Inc. (ultimately held by DBAG Fund VI, a private equity fund advised by Deutsche Beteiligungs AG) by way of an off market inter-se transfer between promoters at Rs 1,700 per share with 75% of the consideration being paid upfront and remaining 25% to be paid on or before March 15, 2024. The Patel Family’s shareholding now stands at 25.18% and they remain the largest shareholder of the Company.
GMM Pfaudler is a leading supplier of engineered equipment and systems for critical applications in the global chemical and pharmaceutical markets.
| Company Name | CMP |
|---|---|
| BHEL | 404.65 |
| Thermax | 4681.15 |
| Kirloskar Oil Eng | 1727.60 |
| Skipper | 466.10 |
| GMM Pfaudler | 894.95 |
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