R M Drip and Sprinklers gains on entering into IoT-based smart irrigation and digital agriculture
RM Drip and Sprinklers System is currently trading at Rs. 116.40, up by 1.50 points or 1.31% from its previous closing of Rs. 114.90 on the BSE.
The scrip opened at Rs. 115.35 and has touched a high and low of Rs. 116.40 and Rs. 115.35 respectively. So far 211556 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 116.40 on 16-Feb-2026 and a 52 week low of Rs. 62.55 on 30-Jul-2025.
Last one week high and low of the scrip stood at Rs. 116.40 and Rs. 111.90 respectively. The current market cap of the company is Rs. 2907.67 crore.
The promoters holding in the company stood at 21.06%, while Institutions and Non-Institutions held 2.85% and 76.09% respectively.
R M Drip and Sprinklers Systems has entered into strategic technology partnership with an advanced farm automation technology company, marking its entry into IoT-based smart irrigation and digital agriculture.
The partnership aligns with India’s long-term focus on water conservation, renewable energy adoption, improving farmer income and digital agriculture transformation. This initiative represents a key milestone in the Company’s transition toward technology-led growth, recurring revenue generation, and expansion into next-generation agriculture solutions.
