Sprayking is currently trading at Rs. 40.89, up by 0.69 points or 1.72% from its previous closing of Rs. 40.20 on the BSE.
The scrip opened at Rs. 41.45 and has touched a high and low of Rs. 41.45 and Rs. 40.61 respectively. So far 52771 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 60.04 on 08-Feb-2024 and a 52 week low of Rs. 27.72 on 22-Jun-2023.
Last one week high and low of the scrip stood at Rs. 42.00 and Rs. 39.45 respectively. The current market cap of the company is Rs. 217.12 crore.
The promoters holding in the company stood at 36.41%, while Non-Institutions held 63.59% in the company.
Sprayking has received a substantial order of 25 tonnes of brass rod worth Rs 1.5 crore from a new domestic client. This order marks a significant milestone for the company and underscores its growing presence in the domestic market.
The order comes at an opportune time for Sprayking, as the company has recently inaugurated a new state-of-the-art manufacturing facility. This facility, equipped with advanced machinery and technology, has substantially enhanced the company’s production capabilities and efficiency. The new factory represents a strategic investment aimed at meeting increasing demand and ensuring the highest standards of quality in brass rod production.
Sprayking (Formerly known as Sprayking Agro Equipment) is engaged in the manufacturing of brass components and parts, including fittings, forging equipment, transformer parts, and other customized brass components.
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