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Sealmatic India is currently trading at Rs. 624.40, up by 20.80 points or 3.45% from its previous closing of Rs. 603.60 on the BSE.

The scrip opened at Rs. 613.95 and has touched a high and low of Rs. 642.00 and Rs. 598.05 respectively. So far 18900 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. 448.00 on 25-Oct-2023.

Last one week high and low of the scrip stood at Rs. 642.00 and Rs. 595.15 respectively. The current market cap of the company is Rs. 566.58 crore.

The promoters holding in the company stood at 72.38%, while Institutions and Non-Institutions held 2.92% and 24.70% respectively.

Sealmatic India has bagged order for engineered mechanical seals for super critical power plant through Bharat Heavy Electricals (BHEL) for the DVC Raghunathpur Thermal Power Station Phase - II 660 MW X 2 = 1320 MW. The mechanical seals are for demanding applications such as the Boiler Feed Pumps, Booster Pumps, Turbine Pumps, Condensate Extractions Pumps etc. This will ensure long term of O&M business for Sealmatic for the above pumps which are mission critical. 

BHEL will supply these super critical pumps to DVC for their Raghunathpur Thermal Power Station Phase-II 660 MW X 2 = 1320 MW. DVC currently has 6687.2 MW of installed capacity and has many more projects in the pipeline. DVC entrusted with the pioneering responsibility of powering industrial growth in the resource rich Damodar Valley region, DVC has been using latest available technologies to supply bulk power at competitive rates to industry. The said order is expected to be completed in 24 weeks. 

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.