GMM Pfaudler surges as its arm completes investment to acquire 51% stake in GMM Inox sp. z o.o.
GMM Pfaudler is currently trading at Rs. 1243.60, up by 43.10 points or 3.59% from its previous closing of Rs. 1200.50 on the BSE.
The scrip opened at Rs. 1176.85 and has touched a high and low of Rs. 1270.65 and Rs. 1176.85 respectively. So far 7070 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. 1270.65 and Rs. 1090.05 respectively. The current market cap of the company is Rs. 5549.74 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 subsidiary -- Pfaudler GmbH has completed its investment to acquire 51% stake in GMM Inox sp. z o.o. (JV Co) on May 19, 2025, in accordance with the Investment and Shareholders’ Agreement (ISHA) dated December 20, 2024. The JV Co is a joint venture between Pfaudler GmbH and local partners in Poland. The objective of this acquisition is to establish an engineering and manufacturing facility in Poland.
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.
