Tipco Engineering trades jubilantly on partnering with LexaMix for manufacturing specialized machinery
Tipco Engineering is currently trading at Rs. 124.00, up by 11.43 points or 10.15% from its previous closing of Rs. 112.57 on the BSE.
The scrip opened at Rs. 114.99 and has touched a high and low of Rs. 135.00 and Rs. 110.00 respectively. So far 262400 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 135.00 on 22-Apr-2026 and a 52 week low of Rs. 76.54 on 06-Apr-2026.
Last one week high and low of the scrip stood at Rs. 135.00 and Rs. 87.25 respectively. The current market cap of the company is Rs. 259.59 crore.
The promoters holding in the company stood at 55.64%, while Institutions and Non-Institutions held 6.55% and 37.82% respectively.
Tipco Engineering India has entered into a strategic collaboration with LexaMix, Germany for the manufacturing of specialized machinery catering to the cosmetics, pharmaceutical, and food processing industries.
Under this arrangement, the company will manufacture process machinery on behalf of LexaMix, leveraging its engineering and production capabilities to serve both domestic and international markets. The machines manufactured pursuant to this collaboration will target key geographies including Europe, South America, the Middle East, and India, thereby creating a strong export-oriented business opportunity for the company.
This strategic collaboration is expected to position the company as a global manufacturing partner in high-value process machinery while strengthening LexaMix’s market reach through cost efficient and quality-driven production in India.
