PG ELECTROPLAST LTD.
NSE : PGELBSE : 533581ISIN
CODE : INE457L01011Industry : Consumer Durables - Domestic AppliancesHouse
: Private
BSE2053.7523.45 (+1.16 % )
PREV CLOSE (Rs.) 2030.30
OPEN PRICE (Rs.) 2044.00
BID PRICE (QTY) 2050.00 (1 )
OFFER PRICE (QTY) 2053.65 (1 )
VOLUME 308
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE2049.90 8.95 (+0.44 % )
PREV CLOSE(Rs.) 2040.95
OPEN PRICE (Rs.) 2040.95
BID PRICE (QTY) 2049.90 (5 )
OFFER PRICE (QTY) 2050.00 (33 )
VOLUME 6106
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 26-Apr-2024 | PG Electroplast's arm unveils marquee air conditioning manufacturing facility in Rajasthan | <p style="text-align: justify;">PG Electroplast's wholly-owned subsidiary -- PG Technoplast has unveiled its new marquee air conditioning manufacturing facility for North India in Bhiwadi, Rajasthan. This strategic investment aims to meet the growing demand for energy-efficient and sustainable cooling solutions in India and expand the company's footprint in the rapidly growing air conditioning market. </p><p style="text-align: justify;">The brand-new facility, spanning an impressive 200,000 sq.ft manufactures a comprehensive range of split ACs ranging from 0.75T to 2.0T with installed annual capacities of 360k AC Indoor Units, 360k AC Outdoor Units and 250k Window ACs. Its production capabilities, including the manufacturing of AC units, cover sheet metal components, powder coating plant, heat exchangers, and copper tubing systems. This unit will create additional employment for over 1,000 people. </p><p style="text-align: justify;">The facility is designed with sustainability at its core. It features a state-of-the-art Learning Centre to educate apprentices and trainees to nurture the next generation of manufacturing talent and provide continuous on-the-job training to company's stakeholders. It also features water conservation and integrated facility management systems to reduce plastic, corrugated, and paper waste generation. </p><p style="text-align: justify;">PG Electroplast is a trusted one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India.</p><div style="text-align: justify;"><br></div> |
| 26-Apr-2024 | InterGlobe Aviation, PG Electroplast and ACC to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">InterGlobe Aviation</span> (IndiGo) has strengthened its fleet with the introduction of wide-body aircraft to its fleet. Since inception in 2006, IndiGo has been successfully building its position and is now defining its future further on the path of becoming a global aviation player. IndiGo agreed to place an order for 30 Firm A350-900 aircraft, which will enable IndiGo to spread its wings further and expand its network. From the various Indian metros, IndiGo will be able to connect to the world. The aircraft will be powered by Rolls Royce's Trent XWB engine. The mission capability of this aircraft coupled with the efficiency of the Trent XWB engine will offer IndiGo unprecedented optionality as it embarks on the next stage of its wonderful journey of addressing the rapidly evolving needs of the Indian customer and the nation. </p><p style="text-align: justify;"><span style="text-align: left;">PG Technoplast, a wholly-owned subsidiary of <b>PG Electroplast </b>(PGEL), has marked a significant milestone with the unveiling of its new marquee air conditioning manufacturing facility for North India in Bhiwadi, Rajasthan. This strategic investment aims to meet the growing demand for energy-efficient and sustainable cooling solutions in India and expand the company's footprint in the rapidly growing air conditioning market. </span></p><p style="text-align: justify;"><span style="font-weight: bold;">ACC </span>has reported over 4-fold jump in its net profit at Rs 944.84 crore for fourth quarter ended March 31, 2024 as compared to Rs 235.66 crore for the same quarter in the previous year. Total income of the company increased by 12.59% at Rs 5,528.45 crore for Q4FY24 as compared Rs 4,910.06 crore for the corresponding quarter previous year. </p><p style="text-align: justify;"><span style="font-weight: bold;">Tata Communications</span> has issued and allotted Commercial Paper aggregating to an amount of Rs 350 crore on April 24, 2024. The said Commercial Paper has been listed on National Stock Exchange of India on April 25, 2024. </p><div style="text-align: justify;"><p><span style="font-weight: bold;">L&T Technology Services</span> has reported results for fourth quarter (Q4) ended March 31, 2024. The company has reported 2.05% rise in its net profit at Rs 329.30 crore for the quarter under review as compared to Rs 322.70 crore for the same quarter in the previous year. Total income of the company increased by 9.03% at Rs 2,400.80 crore for Q4FY24 as compared Rs 2,201.90 crore for the corresponding quarter previous year. On consolidated basis, the company's Year-on-Year net profit remained flat at Rs 341 crore for the quarter ended 31 March, 2024. Total income of the company increased by 7.13% at Rs 2,593.50 crore for Q4FY24 as compared Rs 2,421 crore for the corresponding quarter previous year.</p><p><span style="font-weight: bold;">UFlex </span>has entered into a long-term Power Purchase Agreement (PPA) with Amplus Phoenix to source renewable power under a group captive power policy. The plant will provide solar power to UFlex's Packaging Films manufacturing plant in Dharwad, Karnataka. In line with UFlex's goal of being net zero by 2035, or earlier, this move will strategically reduce UFlex's carbon emissions by app. 19000 tCO2e.</p><p><span style="font-weight: bold;">NTC Industries</span> has completed sale of its land situated at Mouza Agarpara, having an area 0.49 acre, P.S. Khardah, within the Panihati Municipality Jurisdiction, District North 24 Parganas, Kolkata, West Bengal, India to Primarc Infrastructure LLP (formerly known as Nakesa Projects LLP). The sale is completed on April 25, 2024.</p></div> |
| 26-Apr-2024 | PG Electroplast gains as its arm unveils marquee air conditioning manufacturing facility in Rajasthan | <p style="text-align: justify;">PG Electroplast is currently trading at Rs. 2012.60, up by 32.35 points or 1.63% from its previous closing of Rs. 1980.25 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 2057.05 and has touched a high and low of Rs. 2057.05 and Rs. 1987.60 respectively. So far 2452 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2570.00 on 21-Dec-2023 and a 52 week low of Rs. 1362.70 on 26-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 2101.95 and Rs. 1898.10 respectively. The current market cap of the company is Rs. 5246.76 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 53.70%, while Institutions and Non-Institutions held 21.96% and 24.33% respectively.</p><p style="text-align: justify;">PG Electroplast's wholly-owned subsidiary -- PG Technoplast has unveiled its new marquee air conditioning manufacturing facility for North India in Bhiwadi, Rajasthan. This strategic investment aims to meet the growing demand for energy-efficient and sustainable cooling solutions in India and expand the company's footprint in the rapidly growing air conditioning market. </p><p style="text-align: justify;">The brand-new facility, spanning an impressive 200,000 sq.ft manufactures a comprehensive range of split ACs ranging from 0.75T to 2.0T with installed annual capacities of 360k AC Indoor Units, 360k AC Outdoor Units and 250k Window ACs. Its production capabilities, including the manufacturing of AC units, cover sheet metal components, powder coating plant, heat exchangers, and copper tubing systems. This unit will create additional employment for over 1,000 people. </p><p style="text-align: justify;">The facility is designed with sustainability at its core. It features a state-of-the-art Learning Centre to educate apprentices and trainees to nurture the next generation of manufacturing talent and provide continuous on-the-job training to company's stakeholders. It also features water conservation and integrated facility management systems to reduce plastic, corrugated, and paper waste generation. </p><p style="text-align: justify;">PG Electroplast is a trusted one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India.</p> |
| 30-Mar-2024 | PG Electroplast informs about closure of trading window | <p style="text-align: justify;">Pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015 as amended from time to time and trading restrictions placed by the Code of Conduct for Prevention of Insider Trading of the Company; PG Electroplast has informed that the Trading Window for dealing in securities of the company will be closed for all the Directors, Key Managerial Personnel, Designated Persons of the Company including their immediate relatives from Monday, April 01, 2024 till 48 hours after the declaration of Audited Financial Results for the quarter and financial year ending on March 31, 2024.</p><div>The above information is a part of company's filings submitted to BSE.</div> |
| 09-Mar-2024 | PG Electroplast informs about fire incident at warehouse | <p style="text-align: justify;">PG Electroplast has informd about fire incident at warehouse. It is informed that on March 08, 2024 at around 10:00 AM, fire occurred at one of our warehouse situated at E-31, Site-B, UPSIDC Industrial Area, Surajpur, Greater Noida - 201306.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div> |
| 04-Mar-2024 | PG Electroplast's arm acquires 100% stake in Next Generation Manufacturers | <p style="text-align: justify;">PG Electroplast's wholly owned subsidiary -- PG Technoplast (PGTL) has acquired 100% stake in Next Generation Manufacturers i.e. 10,000 equity shares and 1,50,000 0% Compulsorily Convertible Debentures. Consequently, NGM has become a Wholly Owned Subsidiary of PGTL.</p><p style="text-align: justify;">Objects of acquisition are to avail physical infrastructure (Land, Building, Plant & Machinery), acquire manufacturing business of NGM for growth and expansion and to become a preferred outsourcing vendor for Consumer Durables and Electronics Business of Amstrad Brand.</p><p style="text-align: justify;">PG Electroplast is a trusted one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India.</p> |
| 13-Feb-2024 | PG Electroplast trades higher on the bourses | <p style="text-align: justify;">PG Electroplast is currently trading at Rs. 1880.30, up by 40.05 points or 2.18% from its previous closing of Rs. 1840.25 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1821.05 and has touched a high and low of Rs. 1899.30 and Rs. 1813.10 respectively. So far 4572 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2570.00 on 21-Dec-2023 and a 52 week low of Rs. 1155.00 on 13-Feb-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 2091.70 and Rs. 1808.80 respectively. The current market cap of the company is Rs. 4856.76 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 53.59%, while Institutions and Non-Institutions held 23.12% and 23.28% respectively.</p><p style="text-align: justify;">PG Electroplast's Wholly Owned Subsidiary -- PG Technoplast (PGTL) has entered into a ‘Definitive Agreement' to acquire 100% stake in Next Generation Manufacturers (NGM). Pursuant to the said acquisition, NGM will become a Wholly Owned Subsidiary of PGTL.</p><p style="text-align: justify;">Objects of acquisition is to avail physical infrastructure (Land, Building, Plant & Machinery), acquire manufacturing business of NGM for growth and expansion and to become a preferred outsourcing vendor for Consumer Durables and Electronics Business of Amstrad Brand. </p><p style="text-align: justify;">PG Electroplast is a trusted one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India.</p><div style="text-align: justify;"><br></div> |
| 12-Feb-2024 | PG Electroplast's arm inks pact to acquire 100% stake in Next Generation Manufacturers | <p style="text-align: justify;">PG Electroplast's Wholly Owned Subsidiary -- PG Technoplast (PGTL) has entered into a ‘Definitive Agreement' to acquire 100% stake in Next Generation Manufacturers (NGM). Pursuant to the said acquisition, NGM will become a Wholly Owned Subsidiary of PGTL.</p><p style="text-align: justify;">Objects of acquisition is to avail physical infrastructure (Land, Building, Plant & Machinery), acquire manufacturing business of NGM for growth and expansion and to become a preferred outsourcing vendor for Consumer Durables and Electronics Business of Amstrad Brand. </p><p style="text-align: justify;">PG Electroplast is a trusted one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India.</p><div style="text-align: justify;"><br></div> |
| 12-Feb-2024 | PG Electroplast rises as its arm inks pact to acquire 100% stake in Next Generation Manufacturers | <p style="text-align: justify;">PG Electroplast is currently trading at Rs. 2022.30, up by 21.60 points or 1.08% from its previous closing of Rs. 2000.70 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 2022.45 and has touched a high and low of Rs. 2024.60 and Rs. 1995.10 respectively. </p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2570.00 on 21-Dec-2023 and a 52 week low of Rs. 1123.50 on 10-Feb-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 2091.70 and Rs. 1927.65 respectively. The current market cap of the company is Rs. 5207.07 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 53.59%, while Institutions and Non-Institutions held 23.12% and 23.28% respectively.</p><p style="text-align: justify;">PG Electroplast's Wholly Owned Subsidiary -- PG Technoplast (PGTL) has entered into a ‘Definitive Agreement' to acquire 100% stake in Next Generation Manufacturers (NGM). Pursuant to the said acquisition, NGM will become a Wholly Owned Subsidiary of PGTL.</p><p style="text-align: justify;">Objects of acquisition is to avail physical infrastructure (Land, Building, Plant & Machinery), acquire manufacturing business of NGM for growth and expansion and to become a preferred outsourcing vendor for Consumer Durables and Electronics Business of Amstrad Brand. </p><p style="text-align: justify;">PG Electroplast is a trusted one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India.</p><div style="text-align: justify;"><br></div> |
| 06-Feb-2024 | PG Electroplast submits analyst meet intimation | <div style="text-align: justify;">Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, PG Electroplast has informed that the officials of the Company on Tuesday, February 13, 2024 will attend Earnings Conference Call/investor meeting on financial performance of the Company for the quarter ended on December 31, 2023 as per details mentioned in the attachment. No Unpublished Price Sensitive Information (UPSI) is intended to be discussed during the interactions. The Schedule of the above Analyst/ Investor Meeting is subject to change. </div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
