IGI Logo

PPAP Automotive is currently trading at Rs. 238.00, up by 32.50 points or 15.82% from its previous closing of Rs. 205.50 on the BSE.

The scrip opened at Rs. 215.00 and has touched a high and low of Rs. 242.10 and Rs. 215.00 respectively. So far 15912 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 295.35 on 29-Oct-2025 and a 52 week low of Rs. 177.05 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 249.90 and Rs. 203.65 respectively. The current market cap of the company is Rs. 334.01 crore.

The promoters holding in the company stood at 64.48%, while Institutions and Non-Institutions held 5.66% and 29.86% respectively.

PPAP Automotive (PPAP) has entered into a partnership agreement with Hutchinson, a globally recognized leader in automotive sealing solutions, to manufacture advanced body sealing systems in India for the passenger vehicle segment, leveraging Hutchinson's advanced technologies, licensed know-how, and ongoing technical support.

PPAP has been granted an exclusive licence for India to manufacture, market and sell advanced body sealing systems developed using Hutchinson’s technology and licensed knowhow. Hutchinson will provide technical know-how, engineering support, design assistance, process support and related services for development and commercialization of such products in India. 

The company shall pay consideration towards transfer of technical knowhow, licensed technology and related technical support services. In addition, PPAP shall pay royalty for the use of licensed intellectual property, know-how, designs and related rights in accordance with the terms and conditions of the Agreement. The partnership will strengthen PPAP’s product portfolio in the automotive sealing segment, provide access to advanced global technology and engineering expertise, enhance its ability to serve OEM customers in India and create opportunities for revenue growth in the passenger vehicle segment.