PG Electroplast hits new 52-week high on starting LED TV manufacturing for two customers

PG Electroplast is currently trading at Rs. 813.55, up by 36.95 points or 4.76% from its previous closing of Rs. 776.60 on the BSE.

PG Electroplast

The scrip opened at Rs. 793.50 and has touched a high and low of Rs. 861.85 and Rs. 778.00 respectively. So far 49073 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 861.85 on 29-Dec-2021 and a 52 week low of Rs. 131.10 on 18-Jan-2021.

Last one week high and low of the scrip stood at Rs. 861.85 and Rs. 675.95 respectively. The current market cap of the company is Rs. 1748.72 crore.

The promoters holding in the company stood at 65.83%, while Institutions and Non-Institutions held 0.95% and 33.22% respectively.

PG Electroplast (PGEL) has started manufacturing LED Televisions for two customers at its Greater Noida facility. It has an installed capacity of 500,000 units of televisions with screen sizes up to 70 inches. It is a fully integrated facility with SMT lines for PCB Assembly, Clean Room for LCM Module Assembly, Final Product Assembly and Plastic Moulding.

PG Electroplast is a diversified Electronic Manufacturing Services and Plastic Injection Molding company catering to leading OEMs in Consumer Electronics and Automotive Industry.

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