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Astral Poly Technik soars on receiving BIS Certification Marks

24 Mar 2014 Evaluate

Astral Poly Technik is currently trading at Rs. 476.00, up by 3.35 points or 0.71% from its previous closing of Rs. 472.65 on the BSE.

The scrip opened at Rs. 484.40 and has touched a high and low of Rs. 484.40 and Rs. 472.25 respectively. So far 640 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 484.40 on 24-Mar-2014 and a 52 week low of Rs. 142.04 on 28-Mar-2013.

Last one week high and low of the scrip stood at Rs. 484.40 and Rs. 400.30 respectively. The current market cap of the company is Rs. 2669.04 crore.

The promoters holding in the company stood at 63.82% while Institutions and Non-Institutions held 16.61% and 19.58% respectively.

Astral Poly Technik has been granted BIS Certification Marks by ‘The Bureau of Indian Standards’ (BIS) as per IS 16088:2012 for its Product Blaze Master for Fire sprinkler system. The company is the first licensee company of LubrizoI-USA (a company owned by Berkshire Hathaway-USA) in India for its Product Blaze Master for Fire sprinkler system using CPVC Polymer.

Indian Piping Market is predominantly controlled by Metallic pipes for fire sprinkler system so far and Astral will be the first mover in the country for CPVC polymer fire sprinkler solution which will be absolutely free from all shortcomings of Metallic Pipes such as corrosion, scaling and rusting.

Astral Poly Technik manufactures plumbing systems for residential and industrial applications. Astral is equipped with state of art production facilities at Ahmadabad and Himachal Pradesh to manufacture plumbing systems from 1/2” to 6” with all kinds of necessary fittings.

 

Astral Share Price

1612.85 34.05 (2.16%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Supreme Industries 3705.80
Astral 1612.85
Finolex Inds 174.70
Nilkamal 1320.05
Jain Irrigation Sys 33.05
View more..

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