News for Sprayking Agro Equipment Limited (SPRAYKING.BO)

Sprayking Limited invests in advanced finishing machinery to enhance precision and efficiency, demonstrating commitment to innovation and quality.

Sprayking Limited secures ₹15 million brass rod order from new client, showcasing enhanced production capabilities and growth potential.

Sprayking Agro Equipment Limited's shares rise by 0.39% as they initiate an Rs ₹18 crore expansion project.

Sprayking Agro Equipment secures ₹40-lakh export order for plumbing fittings, emphasizing commitment to international market.

Sprayking Agro Equipment Ltd's shares rose 2.33% after the Board approved raising funds for its subsidiary, Narmadesh Brass Industries Ltd, through an IPO. The move is expected to bolster Sprayking's financials and increase its market presence. Hitesh Dudhagara, MD, said the decision is a testament to their vision for accelerated progress. Shares rose to ₹237.05 at 10am on the BSE.

Sprayking Agro to launch IPO for unit Narmadesh Brass Industries

The company said it recently acquired a new manufacturing facility in Jamnagar, Gujarat, similar to its existing facility

Sprayking Agro Equipment Ltd's shares rose 4.98% after winning a legal battle with the Customs, Excise & Service Tax Appellate Tribunal, absolving them of a Rs 11.55 crore contingent liability. acquired 3,000 sqm plant in Jamnagar, Gujarat & a 51% stake in Narmada Brass Industries, to meet domestic & international demand. The BSE share price rose to Rs 226.55 at 10.17 am.

Sprayking Agro Equipment's shares rose 1.05% after approval of fund-raising via issuance of 8.4 lakh convertible warrants at Rs 207/warrant. The warrants will be offered to foreign investors at 9% premium over current market price. The company recently acquired a 3,000 sq. m manufacturing facility in Jamnagar, Gujarat, and a 51% stake in Narmada Brass Industries. Shares were up to Rs 192 at 10.06 am on BSE.

Heres the monthly bonus and stock split update for May 2023. These five companies are rewarding shareholders with bonus shares soon.

Indian equities fell last week due to weak global cues and cautious Q1 earnings reports. Despite some positivity in the financial sector, including recent results from ICICI Bank, the reports have been mildly disappointing overall. The IT sector was particularly lacklustre. Vinod Nair of Geojit Financial Services, said FPI inflows remain likely to be stable, with financials expected to receive more interest.

TCS, Dr Reddy’s Lab, Eris Lifesciences, Glenmark Pharma, RVNL, Lemon Tree Hotels, IndiaMart InterMesh, Samvardhana Motherson, Shri Keshav Cement, Quint Digital, Jubilant Ingrevia and Vishvprabha Foods are some of the stocks that are likely to be in action today