Stock Report

NowPurchase and Raghav Productivity Enhancers to grow Silica Ramming Mass business for foundries in Eastern India



Posted On : 2022-08-16 11:34:38( TIMEZONE : IST )

NowPurchase and Raghav Productivity Enhancers to grow Silica Ramming Mass business for foundries in Eastern India

NowPurchase, a tech-enabled procurement platform based in Kolkata, partners with Raghav Productivity Enhancers to provide ramming mass to foundries and casting units in the Eastern Region of the country through its robust tech-based supply chain platform. Through this collaboration, the tech-enabled procurement company has made silica ramming mass for foundries, premixed with Boron Oxide/Boric Acid, available on their platform.

Commenting on the partnership, Naman Shah, Founder & CEO, NowPurchase, said, "We are pleased to partner with Raghav Productivity Enhancers, the world's largest manufacturer of ramming mass. This helps us get closer to our vision of being a one-stop raw material platform for the metal manufacturing industry."

Raghav Kabra, COO, Raghav Productivity Enhancers, said, "Through our partnership with NowPurchase, we aim to develop our foundry clientele in East India. Ours is the largest and most advanced Silica Ramming Mass manufacturing plant in India. Our foundry products are developed in technical collaboration with JWK AB Sweden.

Shares of Raghav Productivity Enhancers Ltd was last trading in BSE at Rs. 652.05 as compared to the previous close of Rs. 647.95. The total number of shares traded during the day was 2709 in over 117 trades.

The stock hit an intraday high of Rs. 663.90 and intraday low of 641.35. The net turnover during the day was Rs. 1762351.00.

Source : Equity Bulls

Keywords

RaghavProductivityEnhancers INE912T01018 NowPurchase Partnership Foundries Castings EasternRegion