Sprayking rises on receiving export purchase order for supply of Plumbing Fittings
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Sprayking is currently trading at Rs. 218.40, up by 3.30 points or 1.53% from its previous closing of Rs. 215.10 on the BSE.
The scrip opened at Rs. 214.60 and has touched a high and low of Rs. 220.00 and Rs. 214.60 respectively. So far 4073 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 243.20 on 20-Nov-2023 and a 52 week low of Rs. 31.68 on 16-Feb-2023.
Last one week high and low of the scrip stood at Rs. 220.00 and Rs. 205.05 respectively. The current market cap of the company is Rs. 227.32 crore.
The promoters holding in the company stood at 36.41%, while Non-Institutions held 63.59% stake in the company.
Sprayking has received Export Purchase order worth Rs 4 million for supply of Plumbing Fittings on Pilot Project Basis. This significant achievement not only underscores Sprayking’s commitment to excellence but also reflects the company's strategic focus on establishing a strong footprint in the overseas market. The Plumbing Fittings are the product Manufactured in range of Brass parts which are used in bathroom fittings, kitchen fittings, etc.
The type of Plumbing Fittings includes Adapters, Nipple, Union, Coupling, Cross, Tees, Elbows, Bushings and Valves. The successful export deal is poised to install confidence within the company’s workforce, boosting morale and inspiring further efforts towards international expansion. Sprayking remains committed to delivering top-notch quality products and services, and this milestone reinforces its position as a reliable and innovative player in the industry.
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.
