Malpani Pipes and Fittings is currently trading at RS. 61.41, up by 0.41 points or 0.67% from its previous closing of RS. 61.00 on the BSE.

The stock opened at RS. 59.92 and touched an intraday high and low of RS. 61.41 and RS. 59.91, respectively. A total of 4800 shares have been traded so far.

This BSE group 'M' stock, with a face value of RS. 10, registered a 52-week high of RS. 90.00 on February 4, 2025, and a 52-week low of RS. 54.90 on March 18, 2025. In the past week, it has traded between RS. 72.64 and RS. 55.30. The current market capitalization of the company is RS. 66.18 crore.

Promoters hold a 73.28% stake in the company, while the public holds 26.72%.

In a move towards sustainable manufacturing, Malpani Pipes & Fittings has installed a 1,136.34 KWP rooftop solar power plant at its manufacturing facility in Ratlam. Spanning across its 1,50,000 sq. ft. premises (including an 80,000 sq. ft. constructed area), this installation reflects the company’s commitment to green energy and environmental responsibility.

The solar plant is expected to be commissioned by May and completed by the end of August 2025. The benefits are anticipated to begin reflecting in the second half of FY 2025-26.

The solar panels will generate approximately 12,50,000 units of electricity annually, resulting in projected annual savings of RS. 87.50 lakh. The company estimates that the investment will be recovered within four years.

Malpani Pipes and Fittings, based in Ratlam, Madhya Pradesh, is an ISO 9001:2015 certified company manufacturing HDPE, MDPE, and LLDPE pipes under the brand name ‘Volstar’.