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Malpani Pipes and Fittings is currently trading at Rs. 75.78, up by 3.47 points or 4.80% from its previous closing of Rs. 72.31 on the BSE.

The scrip opened at Rs. 73.79 and has touched a high and low of Rs. 75.85 and Rs. 73.59 respectively. So far 27200 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 90.00 on 04-Feb-2025 and a 52 week low of Rs. 54.90 on 18-Mar-2025.

Last one week high and low of the scrip stood at Rs. 75.85 and Rs. 71.50 respectively. The current market cap of the company is Rs. 81.67 crore.

The promoters holding in the company stood at 73.28%, while Institutions and Non-Institutions held 8.22% and 18.49% respectively.

Malpani Pipes and Fittings has received certification from Bharat Sanchar Nigam (BSNL) for the manufacturing of Pre-Lubricated (PLB) Duct Pipes, a critical component used in the laying of optical fibre cable networks.

The BSNL certification represents a significant validation of our manufacturing capabilities and quality standards, positioning the company as an approved vendor for government-led telecommunications infrastructure projects. The company's PLB Duct Pipes have successfully met BSNL's rigorous technical specifications and quality benchmarks, demonstrating its commitment to engineering excellence and regulatory compliance.

This certification helped it bagged a prestigious order for the supply of 242 kilometers of PLB Duct Pipes to be executed over three months. This order marks the company’s formal entry into the telecom infrastructure space and adds immediate visibility to its revenues from the new product line.

Malpani Pipes and Fittings, an ISO 9001:2015 certified company based in Ratlam, Madhya Pradesh, manufactures a range of high-grade plastic pipes. Its products include High-Density Polyethylene (HDPE) Pipes, Medium-Density Polyethylene (MDPE) Pipes, and Linear Low-Density Polyethylene (LLDPE) Pipes, all marketed under the brand name ‘Volstar’.