Prince Pipes stock up by ~5% on launch of 2 new products with German technology

2 Dec 2022 , 01:48 PM

Prince Pipes and Fittings Limited (PPFL), one of India’s largest integrated piping solutions providers, announced the introduction of 2 new, world-class plumbing and drainage solutions: Prince Hauraton, a modern range of Surface Drainage solutions, and Skolan Safe, a Premium Polypropylene (PP) Silent Drainage System.

This initiative is part of the company’s expansion strategy to bring innovative products to Indian markets. It will now provide a world-class range of technology-oriented drainage and plumbing solutions, classified as modern plumbing.

Skolan Safe Premium PP Silent Drainage Systems – provides the most recent technological innovation in noise-insulated drainage systems, with a sound rating of 12 db at a flow rate of 2 lps and certification from Fraunhofer, Germany.

The raw material polypropylene (PP) with mineral fillers provides the product with excellent acoustic and mechanical qualities, durability, and robustness.

Prince Hauraton is a cutting-edge drainage system developed with German technology. For over 65 years, Hauraton has been a world leader in providing effective drainage systems.

At around 1.07 PM, Prince Pipes & Fittings was trading at Rs588.40 up by 4.66% from its previous closing of Rs562.20 on the BSE. The scrip touched intraday high and low of Rs593.65 and Rs563.55 respectively.

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