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Supreme Industries is currently trading at Rs. 4416.80, up by 83.10 points or 1.92% from its previous closing of Rs. 4333.70 on the BSE.

The scrip opened at Rs. 4418.70 and has touched a high and low of Rs. 4445.00 and Rs. 4313.80 respectively. So far 2041 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 6482.40 on 12-Jun-2024 and a 52 week low of Rs. 3604.20 on 13-Mar-2024.

Last one week high and low of the scrip stood at Rs. 4644.25 and Rs. 4181.70 respectively. The current market cap of the company is Rs. 56175.09 crore.

The promoters holding in the company stood at 48.85%, while Institutions and Non-Institutions held 36.53% and 14.61% respectively.

Supreme Industries has received approval to manufacture and market 265 Ltrs. Type-IV Composite CNG Cylinders from Petroleum and Explosive Safety Organization (PESO). Supreme is second manufacturer in India to get the approval to manufacture Type-IV Composite CNG Cylinders.

Supreme has set up a pilot plant to manufacture Type IV Composite CNG cylinders for supply of CNG through cascades with an annual installed capacity of 3600 cylinders with a revenue potential of about Rs 60 crore per annum. The capacity will be further enhanced to address huge market for composite CNG cylinders.

CNG tanks have an increased demand due to the market shift of vehicles towards the use of CNG which is much cheaper and environment friendly. The composite CNG cylinders for cascades are lighter in weight compared to currently used steel CNG cylinders.

Supreme Industries is India's leading plastic processing company with seven business divisions. The company has forayed into different types of plastic processing in Injection Moulding, Rotational Moulding (ROTO), Extrusion, Compression Moulding, Blow Moulding etc.