Sejal Glass soars as its arm adds new line of business
Sejal Glass is currently trading at Rs. 459.60, up by 16.60 points or 3.75% from its previous closing of Rs. 443.00 on the BSE.
The scrip opened at Rs. 469.80 and has touched a high and low of Rs. 484.95 and Rs. 451.00 respectively. So far 685 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 674.60 on 04-Nov-2024 and a 52 week low of Rs. 302.15 on 05-Jun-2024.
Last one week high and low of the scrip stood at Rs. 484.95 and Rs. 391.00 respectively. The current market cap of the company is Rs. 466.01 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.68% and 24.32% respectively.
Sejal Glass’ subsidiary -- M/s Sejal Glass & Glass Manufacturing Products LLC has added a new line of business i.e. a Facade manufacturing facility. The subsidiary currently is engaged in the business of Production, Processing, Sale & Supply of Architectural Glass & Glass related Products in Ras-Al Khaima, UAE.
With the introduction of the new line of business, the LLC shall offer tailor-made facade solutions for commercial, residential, and institutional projects in and around UAE & other Gulf Cooperation Council (GCC) Countries.
Sejal Glass (SGL), the flagship of Sejal Group, is one of the preferred processors today in India. SGL is consistently analyzing and satisfying the customer's needs, conveniences and preferences by offering specific product range in different segments.
