Prakash Pipes saw a slight increase in its stock price, currently trading at Rs. 624.50, a rise of 1.30 points or 0.21% from the previous close of Rs. 623.20 on the BSE.

The stock opened at Rs. 620.00, reaching a peak of Rs. 628.55 and a low of Rs. 616.60 during the day. So far, 3453 shares have been traded.

The company's stock, categorized under the BSE group 'B' with a face value of Rs. 10, touched a 52-week high of Rs. 646.95 on 2nd September 2024 and a 52-week low of Rs. 248.10 on 9th October 2023.

Over the past week, the stock recorded a high of Rs. 646.95 and a low of Rs. 615.90. The company's current market capitalization stands at Rs. 1497.05 crore.

The promoters hold 44.27% of the company’s shares, while Institutions and Non-Institutions hold 0.94% and 54.80% respectively.

The company's recent success stems from the commissioning of its Nordmeccanica Supercombi 5000 laminator. This state-of-the-art machine meets the rising demand for advanced solutions like HSL coating, water-based adhesive lamination, and foil-to-foil lamination. With cutting-edge technology, the laminator allows the production of complex structures, improving product quality and operational efficiency.

Prakash Pipes’ packaging division continues to grow, focusing on quality and on-time deliveries, strengthening its customer base in both domestic and international markets. The company operates in PVC Pipes and Flexible Packaging sectors.