Texmo Pipes and Products surges on commencing commercial production of Water Tanks
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Texmo Pipes and Products is currently trading at Rs. 71.70, up by 2.05 points or 2.94% from its previous closing of Rs. 69.65 on the BSE.
The scrip opened at Rs. 72.85 and has touched a high and low of Rs. 72.90 and Rs. 70.50 respectively. So far 14597 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.55 on 13-Dec-2021 and a 52 week low of Rs. 21.35 on 28-Jan-2021.
Last one week high and low of the scrip stood at Rs. 72.90 and Rs. 68.25 respectively. The current market cap of the company is Rs. 208.45 crore.
The promoters holding in the company stood at 44.24%, while Institutions and Non-Institutions held 0.40% and 55.36% respectively.
Texmo Pipes and Products has commenced commercial production of one of its most prestigious project of 'TEXMO WATER TANK' with effect from January 04, 2022.
Water Tanks are mainly used for overhead storage of water in house and commercial establishments and all construction and manufacturing sites and elsewhere. The company is already present in the market with full range of all types of Pipes and Fittings and covering full range of product line.
Texmo Pipes & Products is engaged into manufacturing of range of PVC and HDPE pipes viz. suction and delivery hose pipe etc.
