GMM Pfaudler gains as its arm secures contract worth around Rs 330 crore
GMM Pfaudler is currently trading at Rs. 1164.85, up by 16.15 points or 1.41% from its previous closing of Rs. 1148.70 on the BSE.
The scrip opened at Rs. 1171.70 and has touched a high and low of Rs. 1186.50 and Rs. 1157.70 respectively. So far 882 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1530.80 on 28-Aug-2024 and a 52 week low of Rs. 953.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1186.50 and Rs. 1102.70 respectively. The current market cap of the company is Rs. 5164.24 crore.
The promoters holding in the company stood at 25.18%, while Institutions and Non-Institutions held 36.17% and 38.65% respectively.
GMM Pfaudler’s wholly owned subsidiary -- Pfaudler Normag Systems GmbH, Germany has entered into a contract with a European-based customer for the design, engineering, and supply of complete end-to-end acid recovery equipment and systems. The value of the contract is around Rs 330 crore.
GMM Pfaudler is a leading supplier of engineered equipment and systems for critical applications in the chemical, pharmaceutical, food, and energy sectors to organizations around the globe
