Supreme Industries Ltd Share Price – NSE /  BSE

Plastic products, Small Cap

Supreme Industries will hold a meeting of the Board of Directors of the Company on 20 January 2025.

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Supreme Industries Ltd rose 1.81% today to trade at Rs 4781.55. The BSE Consumer Durables index is up 0.43% to quote at 66274.81. The index is up 2.75 % over last one month. Among the other constituents of the index, Blue Star Ltd increased 1.04% and Havells India Ltd added 0.71% on the day. The BSE Consumer Durables index went up 30.68 % over last one year compared to the 11.45% surge in benchmark SENSEX.

Supreme Industries Ltd has added 1.45% over last one month compared to 2.75% gain in BSE Consumer Durables index and 1.09% drop in the SENSEX. On the BSE, 108 shares were traded in the counter so far compared with average daily volumes of 3431 shares in the past one month. The stock hit a record high of Rs 6482.4 on 12 Jun 2024. The stock hit a 52-week low of Rs 3604.2 on 13 Mar 2024.

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Supreme Industries has received reaffirmation in credit rating for bank facilities and commercial paper at CRISIL AA+; Stable / CRISIL A1+.

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The company has set up a pilot plant to manufacture type-IV composite CNG cylinders for supply of CNG through cascades with an annual installed capacity of 3,600 cylinders with a revenue potential of about Rs 60 crore per annum. The capacity will be further enhanced to address huge market for composite CNG cylinders.

CNG tanks have an increased demand due to the market shift of vehicles towards the use of CNG which is much cheaper and environment friendly. The composite CNG cylinders for cascades are lighter in weight compared to currently used steel CNG cylinders.

Supreme is second manufacturer in India to get the approval to manufacture type-IV composite CNG cylinders,” the company said in a statement.

Supreme Industries is engaged mainly in production of plastic products and operate in various product categories like Plastic piping system, cross laminated films & products, protective packaging products, industrial molded components, molded furniture, storage & material handling products, performance packaging films and composite LPG cylinders.

The scrip shed% to currently trade at Rs 4315 on the BSE.

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