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Sprayking zooms on securing inaugural sample order for hose nozzles from Flobal Corporation
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Sprayking is currently trading at Rs. 39.80, up by 2.80 points or 7.57% from its previous closing of Rs. 37.00 on the BSE.
The scrip opened at Rs. 37.80 and has touched a high and low of Rs. 39.85 and Rs. 37.75 respectively. So far 107846 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 60.04 on 08-Feb-2024 and a 52 week low of Rs. 18.05 on 08-May-2023.
Last one week high and low of the scrip stood at Rs. 39.85 and Rs. 34.45 respectively. The current market cap of the company is Rs. 203.70 crore.
The promoters holding in the company stood at 36.41%, while Non-Institutions held 63.59% in the company.
Sprayking has secured its inaugural sample order for hose nozzles from Flobal Corporation, a distinguished Japanese company with over a century of expertise in supplying piping and tubing components and parts.
With a rich legacy spanning more than 100 years, Flobal Corporation has established itself as a premier provider of plumbing parts for manufacturing industries worldwide. Boasting a comprehensive catalog of over 200,000 items, including a proprietary brand of stainless steel valves and fittings, Flobal Corporation has consistently delivered top-quality products to meet the diverse needs of its clientele. In addition to its extensive product line, Flobal Corporation distinguishes itself by importing and distributing hose clamps sourced from premier manufacturers in England and Germany, further solidifying its reputation as a trusted supplier in the global marketplace.
The partnership between Sprayking and Flobal Corporation marks a significant milestone for both companies. As a leading player in the brass manufacturing sector, Sprayking is committed to delivering innovative solutions that meet the evolving demands of its clients. By collaborating with Flobal Corporation, Sprayking aims to leverage its expertise in precision engineering to provide high quality hose nozzles that align with Flobal Corporation's exacting standards of excellence.
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.
