Standard Glass Lining Technology surges on launching new product
Standard Glass Lining Technology is currently trading at Rs157.30, up by 4.40 points or 2.88% from its previous closing of Rs 152.90 onthe BSE.
The scrip opened at Rs 156.10 and has touched a high and lowof Rs 162.75 and Rs 155.85 respectively. So far 165060 shares were traded onthe counter.
The BSE group 'B' stock of face value Rs 10 has touched a52-week high of Rs 213.80 on 16-Jan-2025 and a 52-week low of Rs 123.90 on04-Mar-2025.
Last one week high and low of the scrip stood at Rs 162.75and Rs 129.00 respectively. The current market cap of the company is Rs 3150.97crore.
The promoters holding in the company stood at 60.41%, whileInstitutions and Non-Institutions held 4.84% and 34.75% respectively.
Standard Glass Lining Technology has launched a new product‘Glass-Lined Shell and Tube Heat Exchangers’, effective from May 14, 2025. Theproduct has been developed in collaboration with AGI Group, Japan, utilizingtheir advanced technology. It is designed to overcome the limitations ofconventional graphite heat exchangers by providing enhanced durability,corrosion resistance, and operational safety for critical process applications.This new product caters both domestic and international markets.
Standard Glass Lining Technology is one of the specializedengineering equipment manufacturers for pharmaceutical and chemical sectors inIndia, with in house capabilities across the entire value chain.
