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Ddev Plastiks begins XLPE production at new Rajasthan unit

News by Aliceblue News Desk

28 Apr 2026

Ddev Plastiks begins XLPE production at new Rajasthan unit

Introduction

Leading polymer manufacturer commenced XLPE and allied products unit at Bhiwandi, Rajasthan with 48000 MTPA capacity and 80 crore rupees investment on April 28 2026.

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Share price movement of Ddev Plastiks

On April 28, 2026, Ddev Plastiks Industries Ltd opened at ₹250.35, up 0.46% from its previous close of ₹249.20. The stock reached a high of ₹256.00 (2.73%) and a low of ₹248.65. By 3:27 PM, it traded at ₹254.10, a 1.97% increase, with a market cap of ₹2,629.34 crore.

Ddev Plastiks New Unit Starts

Ddev Plastiks Industries Limited commenced operations of XLPE and allied products manufacturing unit at Bhiwandi, Rajasthan on April 28, 2026.

The unit has installed capacity of 48,000 MTPA with investment of approximately 80 crore rupees. All statutory and regulatory approvals were obtained before starting operations.

The company expects higher XLPE production capacity, wider geographic reach, and potential revenue of about 500 crore rupees subject to market conditions and full capacity utilisation levels.

Stock performance of Ddev Plastiks for period of 1 week, 6 months, and 1 year

Ddev Plastiks Industries Ltd delivered a 1-week return of 4.34%, a 6-month return of -18.0%, and a 1-year return of -8.55%.

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Shareholding pattern of Ddev Plastiks

ParticularsMar 2026Dec 2025Sep 2025
Promoter75%75%75%
FII0.90%0.90%1.10%
DII0.60%1.00%0.80%
Public23.50%23.10%23.10%

About Ddev Plastiks

DDev Plastiks Industries Ltd (NSE: DDEVPLSTIK) is a polymer compound manufacturer supplying customised solutions across wires, cables, packaging, engineering plastics, infrastructure and industrial sectors.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is DDev Plastiks Industries Ltd share price rising today?

A: DDev Plastiks Industries Ltd started XLPE unit at Bhiwandi with 48,000 MTPA capacity and Rs 80 crore investment.

Q: What is DDev Plastiks Industries Ltd’s main business focus?

A: DDev Plastiks Industries Ltd focuses on polymer compounds for wires, cables, packaging, engineering plastics and industrial applications.

Q: What are the 52-week high and low of DDev Plastiks Industries Ltd stock?

A: DDev Plastiks Industries Ltd stock records 52-week high of ₹360.00 and low of ₹187.50.

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