Sprayking Ltd commences Foundry Division at new manufacturing facility at Jamnagar, Gujarat

Sprayking Limited, a regional leading player in the brass manufacturing industry, has announced the successful commencement of its foundry Division at new manufacturing facility which was acquired by the Company in July 2023, the same is spread over 3000 sq. mtr. By commencement of this foundry a significant milestone has been achieved by the Company in its expansion journey. This achievement comes as a fulfillment of the company's commitment.

The newly commenced foundry facility boasts a formidable production capacity of 200 tons of rods per month, reinforcing Sprayking Limited's position as a key regional player in the brass manufacturing sector. This accomplishment reflects the company's dedication to meeting the evolving needs of its customers while enhancing its capabilities to serve a wider market.

Sprayking Limited's investment in the new foundry facility underscores its Strategic focus on innovation, efficiency and sustainability. Equipped with State-of-the-art technology and supported by a highly skilled workforce, the facility is poised to deliver high-quality products while adhering to the highest standards of safety and environmental! responsibility.

As Sprayking Limited continues to expand its operations, the company remains dedicated to delivering value to its customers, partners and stakeholders. The establishment of the new foundry facility represents a significant step forward in this journey, setting the stage for continued growth and success.

Commenting on this development, Mr. Hitesh Dudhagara, Managing Director of Sprayking said: "We are thrilled to announce the successful commencement of Sprayking Limited's Foundry Division at our new manufacturing facility in Jamnagar, Gujarat. This achievement marks a significant milestone in our expansion journey and reaffirms our commitment to meeting the evolving needs of our customers.

With a monthly production capacity of 200 tons of rods, the newly commenced foundry facility strengthens our position as a key player in the regional brass manufacturing Sector. This accomplishment underscores our dedication to innovation, efficiency, and sustainability.

At Sprayking Limited, we are committed to delivering value to our customers, partners, and stakeholders, The establishment of this new foundry facility not only enhances our capabilities but also sets the stage for continued growth and success.

We would like to extend our gratitude to all our stakeholders for their continued support, and we look forward to serving them with high-quality products and exceptional service."

Shares of Sprayking Agro Equipment Ltd was last trading in BSE at Rs. 224.50 as compared to the previous close of Rs. 209.35. The total number of shares traded during the day was 186795 in over 1582 trades.

The stock hit an intraday high of Rs. 238.00 and intraday low of 215.20. The net turnover during the day was Rs. 42512221.00.

Source : Equity Bulls

Keywords

Sprayking INE537U01011 FoundryDivision NewManufacturingFacility Jamnagar Gujarat