Hot Pursuit     28-Aug-23
Sprayking Agro jumps after receiving order worth Rs 1.5 cr
Sprayking Agro Equipment rallied 4.92% to Rs 202.50 after the company received repeat order worth Rs 1.5 crore for supplying Brass parts.
Further the company has launched 5 new products such as Rectangle profile, Section rode, Electrical Section rode, Agricultural gun parts (which is assembly of 15 products) which shall be used in manufacturing , Agricultural and Electrical industry.

Subsequently, the company is in advance talks with Lixil Group ~ South Africa for future business order. Lixil Group officials had visited the manufacturing unit and registered office of the Company dated July 2023.

As per their communication received by the Company they have considered the offer given by the Company and requested Company 10 Prepare samples for their requirement. Currently, the Company is in process of developing the samples and in near future shall share the same with Lixil Group for their approval followed by which the Company will receive commercial order from them.

Hitesh Dudhagara, Managing Director of Sprayking, said, “We are immensely gratefull to share this development with all our stakeholders thar company has received repeat purchase order worth Rs 15 millions and launched 5 New products which will be used in manufacturing, Agricultural and Electrical industry. The Company makes 50 types of different product.

We are in advance talks with Lixil Group — South Africa for future business orders. Lixil Group owns brand named cobra which is more than 60 years old brand and has been a familiar brand in many homes, its wide range of bathroom and kitchen fittings are beautifully designed. flawlessly functional, and made according to the highest international standards. We are expecting huge export orders in future from this venture.

We at sparyking excel at manufacturing and supplying of brass component like agricultural sprayer parts, garden fittings, ball valves, non return valves (NRVs), turning components brass pipe, plumbing fittings, sanitary fittings, brass components fittings, extruded brass rods, brass fittings, lead-free brass fittings and forging speciality which are used in agricultural equipments, ,electronics, industrial, machinery, hardware, sanitary fittings, among others. Our capabilities comprise of a solar powered robust manufacturing facility which includes 100% in-house production process of Scrap process of Scrap Sorting, Packing, Forging, Extrusion, Forging, Machining, Polishing, Laboratory, testing department, inspection and packing.

Sprayking Agro Equipment is a manufacturing company specializing in brass components and parts, including fittings, forging equipment, transformer parts, and other customized brass components. The company is actively involved in manufacturing and trading agricultural sprayer parts, garden fittings, extruded brass rods, brass fittings (including lead-free brass fittings), and forging specialties. Sprayking has a strong global presence, serving clients in the USA, Europe, Australia, Canada, South Africa, UAE, and India.

Net profit of Sprayking Agro Equipment surged 166.67% to Rs 0.08 crore on 91.64% increase in net sales to Rs 5.27 crore in Q1 FY24 over Q1 FY23.

Previous News
  Sprayking Agro Equipment to conduct board meeting
 ( Corporate News - 21-May-22   13:45 )
  Sprayking to announce Quarterly Result
 ( Corporate News - 17-May-24   09:28 )
  Sprayking Agro Equipment to hold board meeting
 ( Corporate News - 24-Jan-23   17:07 )
  Sprayking Agro Equipment to convene board meeting
 ( Corporate News - 07-Nov-19   15:46 )
  Sprayking Agro Equipment standalone net profit rises 166.67% in the June 2023 quarter
 ( Results - Announcements 09-Aug-23   07:39 )
  Sprayking wins order of Rs 4 cr for African markets
 ( Corporate News - 06-May-24   09:03 )
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 ( Corporate News - 03-Sep-22   11:02 )
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 ( Corporate News - 26-Feb-24   09:36 )
  Sprayking Agro Equipment fixes record date for bonus issue
 ( Market Beat - Reports 21-Apr-23   17:52 )
  Sprayking Agro Equipment to announce Quarterly Result
 ( Corporate News - 24-May-21   17:52 )
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 ( Corporate News - 11-Sep-17   16:25 )
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