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Sealmatic India is currently trading at Rs. 559.00, up by 12.70 points or 2.32% from its previous closing of Rs. 546.30 on the BSE.

The scrip opened at Rs. 546.00 and has touched a high and low of Rs. 563.00 and Rs. 545.00 respectively. So far 9900 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 869.00 on 16-Feb-2024 and a 52 week low of Rs. 481.00 on 30-Nov-2023.

Last one week high and low of the scrip stood at Rs. 572.30 and Rs. 540.00 respectively. The current market cap of the company is Rs. 509.52 crore.

The promoters holding in the company stood at 72.38%, while Institutions and Non-Institutions held 0.12% and 27.50% respectively.

Sealmatic India has inaugurated its new state-of-the-art manufacturing facility at Kaman-Vasai, a significant leap towards enhancing the production capabilities. This new facility, spanning an impressive 25,000 sq ft, signifies a remarkable expansion, thus, this will enhance 65% of its production capacity to the existing production capacity housed at Mira Road. The company will manufacture Mechanical Seals and API Vessels, where the capacity would stand at around 1050 components per month. Capex spent for this facility is Rs 6.80 crore.

Sealmatic India is engaged in the business of designing and manufacturing of mechanical seals and associated products. Mechanical seals are mainly used in Oil & Gas, refinery, petrochemical, chemical, pharmaceutical, fertiliser, power, mining, pulp & paper, aerospace, marine and other industrial.