Sprayking gains on expanding product line to cater to global plumbing market
Sprayking is currently trading at Rs 5.29, up by 0.02 points or 0.38% from its previous closing of Rs 5.27 on the BSE.
The scrip opened at Rs 5.30 and has touched a high and low of Rs 5.33 and Rs 5.24 respectively. So far 83430 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 2 has touched a 52-week high of Rs 23.00 on 21-Aug-2024 and a 52-week low of Rs 5.24 on 25-Jul-2025.
Last one week high and low of the scrip stood at Rs 5.58 and Rs 5.24 respectively. The current market cap of the company is Rs 55.69 crore.
The promoters holding in the company stood at 36.41%, while Non-Institutions held 63.59%.
Sprayking has expanded its product line to include non-metal products for the plumbing industry. This move is aimed at catering to the growing demand in the export market. With the addition of these new products, the company will now offer a diversified range of plumbing solutions to its global customers. This expansion underscores the company's commitment to growth, innovation, and meeting the evolving needs of the international market.
To support this strategic shift, the company has invested in advanced machinery and dies specifically designed for non-metal product manufacturing. This move marks a key milestone as part of a broader growth strategy to meet standards.
Sprayking (Formerly known as Sprayking Agro Equipment) is engaged in the manufacturing of brass components and parts, including fittings, forging equipment, transformer parts, and other customized brass components.
