Captain Polyplast rises on bagging order worth Rs 23.6 crore for 1,000 solar pumps
Captain Polyplast is currently trading at Rs. 72.20, up by 1.28 points or 1.80% from its previous closing of Rs. 70.92 on the BSE.
The scrip opened at Rs. 72.21 and has touched a high and low of Rs. 74.00 and Rs. 71.98 respectively. So far 14933 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 87.75 on 11-Dec-2025 and a 52 week low of Rs. 52.67 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 74.00 and Rs. 69.28 respectively. The current market cap of the company is Rs. 434.01 crore.
The promoters holding in the company stood at 68.79%, while Non-Institutions held 31.21% stake in the company.
Captain Polyplast has received order worth around Rs 23.6 crore (including GST) from Maharashtra State Electricity Distribution Company (MSEDC) for the design, manufacture, supply, transport, installation, testing and commissioning of 1000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) of 3 HP, 5 HP & 7.5 HP capacity at identified farmer’s site in Districts of Maharashtra, including complete system warranty and its repair and maintenance and Remote Monitoring System (RMS) for 5 years under PM Kusum B Scheme ‘Magel Tyala Saur Krushi Pump’ Yojana. The Installation is be completed within 60 days from the date of issuance of NTP/ Work Order/ JSR approval.
The receipt of this order from MSEDCL is a strong testament to Captain Polyplast’s growing capabilities in the solar EPC space and marks a meaningful step-up in the company's order book. By delivering large-scale solar pumping solutions to farmers across Maharashtra under the PM-KUSUM scheme, the company is directly contributing to India's vision of sustainable and clean energy-driven agriculture. This order is expected to enhance revenue visibility, support steady growth in the solar pump segment, and further strengthen the company's position in the government-led renewable energy and solar EPC market.
