Astral spurts ~7% on bagging "Excellence in Open- CPVC†award

25 Feb 2022 , 03:37 PM

In its press release dated February 25, 2022, Astral Limited, one of the largest plastic pipe manufacturing companies in India, announced that the company has been awarded for its specialized product viz. “CPVC Multilayer Composite Pipe” in the category of “Excellence in Open- CPVC” as a part of “Economic Times Polymers Awards 2022 – Excellence in Plastics”.

It further added, Mr. Sandeep Engineer, Chairman & Managing Director of the Company is also honored with the “Life Time Achievement of the Year – 2022” award by the Economic Times as a part of “The Economic Times Polymers Awards 2022 – Excellence in Plastics.”

Following this development, Astral’s stock zoomed 7.15% or Rs127.55 and was trading at Rs1908 against its previous closing price of Rs1,783.20on NSE. It touched day’s high and low of Rs1,921.85 and Rs1,820 respectively.