Prince Pipes & Fittings is currently trading at Rs. 130.00, up by 7.75 points or 6.34% from its previous closing of Rs. 122.25 on the BSE.
The scrip opened at Rs. 127.00 and has touched a high and low of Rs. 132.15 and Rs. 126.95 respectively.
The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 197.05 on 17-Feb-2020 and a 52 week low of Rs. 75.00 on 22-May-2020.
Last one week high and low of the scrip stood at Rs. 132.15 and Rs. 107.05 respectively. The current market cap of the company is Rs. 1345.06 crore.
The promoters holding in the company stood at 63.25%, while Institutions and Non-Institutions held 19.48% and 17.27% respectively.
Prince Pipes and Fittings (PPFL) has entered into a technical collaboration with Tooling Holland BV, a global leader in the international plastic injection moulding industry based in The Netherlands. This association will enable the company to draw upon Tooling Holland’s technical expertise and deep knowledge, build skills at par with international standards, significantly enhance internal operational efficiencies, optimize production costs.
Prince Pipes & Fittings is recognized as one of the leading polymer pipes and fittings manufacturers in India in terms of number of distributors.