Malpani Pipes and Fittings is currently trading at RS 68.79, up by 3.14 points or 4.78% from its previous closing of RS 65.65 on the BSE.

The stock opened at RS 65.65 and recorded a high of RS 68.93 and a low of RS 65.65. A total of 41,600 shares have been traded so far.

The BSE group 'M' stock, with a face value of RS 10, hit a 52-week high of RS 90.00 on February 4, 2025, and a 52-week low of RS 65.65 on February 14, 2025. Over the last week, the stock traded between RS 82.31 and RS 65.65. The company's current market capitalization stands at RS 74.15 crore.

Malpani Pipes and Fittings has announced an expansion with the launch of a new PVC pipe line and the installation of advanced production machinery. The company has invested RS 3.8 crore to enhance production capacity and streamline operations. This includes:

• One extruder production line for PVC pipes, adding 1,800 Metric Tonnes Per Annum (MTPA) capacity.
• Two high-speed production lines for PE pipes (HDPE and MDPE), increasing total capacity by 3,600 MTPA.
• One fully automatic socketing machine for PVC pipes to improve precision and automation.
• One horizontal heating-cooling mixer model for PVC pipes to enhance material processing and consistency.

This investment is expected to boost efficiency, ensure high-quality production, and strengthen the company’s market presence.

Malpani Pipes and Fittings, an ISO 9001:2015 certified company based in Ratlam, Madhya Pradesh, manufactures high-grade plastic pipes under the brand name ‘Volstar’, including HDPE, MDPE, and LLDPE pipes.