The inventory surged after securing an ₹8.8 crore authorities order for a significant water provide mission. Regardless of latest revenue declines, the agency’s numerous portfolio, robust shopper base, and deal with innovation and infrastructure options spotlight its potential for restoration and long-term progress.
The shares of this water resolution supplier gained as much as 4 % in as we speak’s buying and selling session after the corporate bagged a major work order from the Authorities of Rajasthan value Rs 8.80 crore.
With a market capitalization of Rs 32.45 crore, the shares of AIK Pipes and Polymers Ltd had been buying and selling at Rs 51.00 per share, rising round 4.92 % as in comparison with the earlier closing worth of Rs 48.61 apiece.
Vital order
The shares of AIK Pipes and Polymers Ltd have seen optimistic motion after receiving an order from an AA-Class EPC contracting Agency working below the Public Well being Engineering Division (PHED), Authorities of Rajasthan, for the availability of HDPE Pipes for the Isarda Dausa water provide mission (Package deal-4) value Rs 8.8 crore. The order must be accomplished in roughly 4-5 months.
Monetary & Operational Highlights
The corporate’s monetary efficiency confirmed a pointy decline within the second half of FY25, with income falling 42 % and web revenue plunging 94 %. The steep drop signifies weaker demand or rising prices, suggesting operational inefficiencies and potential challenges in sustaining profitability and progress momentum forward.
AIK Pipes positions itself as a flexible producer providing options throughout potable water, irrigation, oil and gasoline, and telecom sectors. With a deal with innovation and buyer satisfaction, it offers high-performance HDPE and MDPE merchandise engineered for effectivity, sturdiness, and sustainability throughout important infrastructure purposes.
AIK Pipes serves a robust and numerous clientele, together with reputed names comparable to Windsor, SPML, Afcons, BCPL, Hexaplast, BRC, ELGi, Nu-Vu Conair, and GA Infra. These associations spotlight the corporate’s credibility, high quality requirements, and trusted presence throughout infrastructure, engineering, and industrial sectors.
AIK Pipes and Polymers Ltd is a number one producer and exporter of HDPE and MDPE pipes, fittings, and ducts, catering to numerous sectors comparable to water provide, irrigation, oil and gasoline, and telecom. The corporate emphasizes innovation, high quality, and sustainability to ship dependable piping options for important infrastructure wants.
With a robust deal with engineering excellence and buyer satisfaction, AIK Pipes has constructed long-term relationships with reputed purchasers throughout India. Its superior manufacturing amenities, vast product vary, and dedication to performance-driven progress have positioned it as a trusted accomplice in India’s evolving infrastructure and utilities panorama.
Written by Abhishek Singh
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