Captain Polyplast rises after being named EPC supplier by MGVCL

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Captain Polyplast is currently trading at Rs. 4:30 p.m., up 0.10 points or 0.62% from its previous close of Rs. 4:20 p.m. on BSE.

The certificate opened at Rs. 16.45 and touched a high and a low of Rs. 16.45 and Rs. 16.05 respectively. So far, 23848 shares have been traded over the counter.

Captain Polyplast

Rs. 2 face value BSE Group “X” stock touched a 52-week high of Rs. 33.50 on 06 August 2021 and a 52-week low of Rs. 14:65 on 20 June 2022.

Last week, the high and low of the certificate stood at Rs. 16.90 and Rs. 15:30 respectively. The current market capitalization of the company is Rs. 82.12 crores.

Sponsors holding the company amounted to 66.50%, while institutions and non-institutions held NA% and 33.50% respectively.

Captain Polyplast was incorporated as an EPC supplier by Madhya Gujarat Vij Company (MGVCL) under the MNRE / Surya Gujarat program. The company was assigned an initial target for the installation of 4.3 MW of residential rooftop projects. Complete execution of the allocated target could generate revenue of Rs 18 crore. This is in line with the company’s increased focus on renewable energy and strengthens the position as a solar EPC player.

Captain Polyplast manufactures and sells quality micro-irrigation systems and related products.

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