01 May 2025

Sprayking Trades Higher on BSE; Expands Presence in South Africa

Sprayking is currently trading at RS 7.10, up by 0.07 points or 1.00% from its previous close of RS 7.03 on the BSE.

The scrip opened at RS 7.00 and has touched a high and low of RS 7.18 and RS 6.97 respectively. So far, 233,833 shares have been traded on the counter.

A BSE group 'B' stock with a face value of RS 2, Sprayking has touched a 52-week high of RS 25.38 on 03-May-2024 and a 52-week low of RS 5.80 on 27-Mar-2025. Over the past week, the stock has seen a high of RS 7.96 and a low of RS 6.50. The company's current market capitalization stands at RS 75.56 crore.

Promoters hold 36.41% stake in the company, while Non-Institutional investors own the remaining 63.59%.

In a significant business development, Sprayking has added two new customers in South Africa, signaling a major step in its global expansion strategy. Sampling is currently in progress, and the company anticipates receiving orders within the next two months.

These new partnerships are expected to generate approximately $1 million annually in revenue through sales of plumbing fittings. This move highlights Sprayking’s growing stature as a dependable provider of premium plumbing components worldwide.

Sprayking (formerly Sprayking Agro Equipment) specializes in the manufacturing of brass components, including fittings, forging equipment, transformer parts, and other customized brass products.