Sprayking Agro Equipment surges on launching new forging product
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Sprayking Agro Equipment is currently trading at Rs. 204.85, up by 6.85 points or 3.46% from its previous closing of Rs. 198.00 on the BSE.
The scrip opened at Rs. 201.00 and has touched a high and low of Rs. 205.70 and Rs. 198.00 respectively. So far 15651 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 209.95 on 10-Aug-2023 and a 52 week low of Rs. 22.80 on 15-Nov-2022.
Last one week high and low of the scrip stood at Rs. 205.70 and Rs. 185.00 respectively. The current market cap of the company is Rs. 214.95 crore.
The promoters holding in the company stood at 36.41%, while Non-Institutions held 63.59% stake in the company.
Sprayking Agro Equipment has launched a new forging product that will be used in a sensor part. The company produces more than 50 distinct sorts of products. Recently, the company created and released a forging product that will be used in a sensor part. The product has been accepted by the client and the company is anticipating orders for it in the near future.
Sprayking Agro Equipment is spare parts manufacturing company. Its products include agriculture parts, plumbing component, auto parts, electrical parts, fitting parts, general parts and transformer parts. The company was incorporated in 2005 and is based in Jamnagar, Gujarat.
