Sprayking Agro Equipment shines on bagging purchase order worth Rs 1.50 crore
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Sprayking Agro Equipment is currently trading at Rs. 201.00, up by 8.00 points or 4.15% from its previous closing of Rs. 193.00 on the BSE.
The scrip opened at Rs. 202.65 and has touched a high and low of Rs. 202.65 and Rs. 195.10 respectively. So far 2774 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 209.95 on 10-Aug-2023 and a 52 week low of Rs. 13.56 on 08-Sep-2022.
Last one week high and low of the scrip stood at Rs. 206.00 and Rs. 190.00 respectively. The current market cap of the company is Rs. 211.15 crore.
The promoters holding in the company stood at 36.41%, while Non-Institutions held 63.59% in the company.
Sprayking Agro Equipment has received repeat purchase order worth Rs 1.50 crore for supply of Brass parts. Further, the company has launched 5 new products such as Rectangle profile, Section rode, Electrical Section rode, Agricultural gun parts (which is assembly of 15 products) which shall be used in manufacturing, Agricultural and Electrical industry.
Further the Company is in advance talks with Lixil Group -- South Africa for future business order. Lixil Group officials had visited the manufacturing unit and registered office of the Company dated July 2023. Prior to which Company had submitted quotation and offer as per the requirement of Lixil Group -- South Africa.
Sprayking Agro Equipment is spare parts manufacturing company. Its products include agriculture parts, plumbing component, auto parts, electrical parts, fitting parts, general parts and transformer parts. The company was incorporated in 2005 and is based in Jamnagar, Gujarat.
