Fluidomat is currently trading at Rs. 769.00, up by 4.10 points or 0.54% from its previous closing of Rs. 764.90 on the BSE.
The scrip opened at Rs. 759.00 and has touched a high and low of Rs. 774.95 and Rs. 758.00 respectively. So far 3618 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 1418.90 on 04-Jul-2025 and a 52 week low of Rs. 700.00 on 18-Nov-2024.
Last one week high and low of the scrip stood at Rs. 847.95 and Rs. 724.00 respectively. The current market cap of the company is Rs. 378.89 crore.
The promoters holding in the company stood at 53.45%, while Institutions and Non-Institutions held 0.58% and 45.97% respectively.
Fluidomat has entered into strategic distributor agreement with Oceanwings-Saudi Arabia, A Subsidiary of Expertise group. Fluidomat together with Oceanwings will create a strong co-operation to expand Fluidomat Fluid Coupling International market reach.
Saudi Arabia has a wide industrial base in Petrochemical, Mining & Power sector and have future plans to expand its industry base. Presently the Saudi Arabia market is catered only by European Companies thus offers a very high market potential for Fluidomat fluid couplings typically for Scoop Control Variable Speed Couplings which are hitech and value added.
This Strategic Distributorship represents an important milestone in Fluidomat's international growth objectives and is in perfect alignment with its long-term strategy to expand its global presence, specifically among the large global and emerging industrial markets. Fluidomat offers fluid couplings of various types including variable speed couplings up to power range of 6000 KW. Fluidomat couplings are field proven, reliable and are of high quality of international standard.
Fluidomat manufactures a wide range of fixed speed and variable speed fluid couplings for industrial and automotive drives.
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