Suprajit Engineering surges on entering into investment agreement with Blubrake
Suprajit Engineering is currently trading at Rs. 475.30, up by 5.60 points or 1.19% from its previous closing of Rs. 469.70 on the BSE.
The scrip opened at Rs. 472.30 and has touched a high and low of Rs. 478.10 and Rs. 465.90 respectively. So far 621 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 517.20 on 24-Sep-2025 and a 52 week low of Rs. 352.05 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 480.00 and Rs. 445.05 respectively. The current market cap of the company is Rs. 6400.41 crore.
The promoters holding in the company stood at 45.13%, while Institutions and Non-Institutions held 23.74% and 31.13% respectively.
Suprajit Engineering has entered into an Investment Agreement with Blubrake S.p.A. (Blubrake). The investment of 1 million Euros is broadly on the same terms and valuation as Blubrake’s recent successful fund raise round. After investment, Suprajit will hold minority stake and a board observer seat in Blubrake.
Suprajit Engineering is engaged in the business of manufacturing and selling of automotive and other components and that are considered as single segment.
