Captain Pipes gains on commencing commercial production at Ahmedabad unit
Captain Pipes is currently trading at Rs. 15.30, up by 0.18 points or 1.19% from its previous closing of Rs. 15.12 on the BSE.
The scrip opened at Rs. 15.39 and has touched a high and low of Rs. 15.40 and Rs. 15.11 respectively. So far 39059 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 21.01 on 27-Dec-2024 and a 52 week low of Rs. 12.99 on 17-Mar-2025.
Last one week high and low of the scrip stood at Rs. 15.56 and Rs. 13.80 respectively. The current market cap of the company is Rs. 235.08 crore.
The promoters holding in the company stood at 64.40%, while Institutions and Non-Institutions held 0.06% and 35.54% respectively.
Captain Pipes has commenced commercial production at its new unit in Ahmedabad on May 25, 2025. This new plant with capacity of 20,000 MT per annum will act as a significant milestone in the growth of the company.
It remains committed to driving sustainable growth through product innovation, operational efficiency, and customer-centric solutions. With a solid foundation in place and strong industry tailwinds, the company is well-positioned to create long-term value.
Captain Pipes is engaged in manufacturing polyvinyl chloride threaded pipes.
