Stock Report

Captain Pipes Ltd update on expansion project - Completion of New capacity to add 15-20% to sales volume in FY24



Posted On : 2023-07-18 21:02:18( TIMEZONE : IST )

Captain Pipes Ltd update on expansion project - Completion of New capacity to add 15-20% to sales volume in FY24

Captain Pipes Ltd has recently commissioned its new CPVC machine at Rajkot plant. This will increase our installed capacity by 1100 MT per annum and help expand the product range in CPVC pipes up to 100 mm (4 inches) diameter as per ASTM standards. In addition to this, the company has also completed the commissioning of SWR fitting moulds conforming to BIS specifications in FY23. Together these two capacity additions will help the company cater to demand from fast growing plumbing segment and are expected to positively impact sales volume by 15-20%.

Source : Equity Bulls

Keywords

CaptainPipes ExpansionProject Update NewCapacity CPVCMachine RajkotPlant