Introduction:
Leading nuclear company has successfully developed and supplied critical mechanical seals for defense applications, including submarine and aircraft projects. The seals meet rigorous naval standards and contribute to India’s self-reliance in defense technology, supporting key defense programs.
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Share price movement of Sealmatic India:
On January 13, 2025, Sealmatic India Ltd opened at ₹508.70, down 0.17% from its previous close of ₹510.25. The stock reached a high of ₹527.75 (3.42%) and a low of ₹493.50. By 1:55 PM, it traded at ₹516.00, a 1.13% increase, with a market cap of ₹466.98 crore.
Sealmatic India Supplies Critical Defence Seals:
Sealmatic India Limited has made a significant achievement by successfully developing and supplying critical mechanical seals for defense applications. These seals were delivered to the defense sector through dockyards and shipbuilders, meeting high standards required for naval use.
The company played a key role in the Midget Submarine Program, supplying essential mechanical seals. This collaboration with Mazagon Dock Limited (MDL) supports India’s goal of achieving self-reliance in submarine manufacturing under the Atmanirbhar Bharat initiative.
Sealmatic also contributed to the Light Combat Aircraft (LCA) project by providing mechanical seals for CTTC’s Aviation Fuel Pump development. Additionally, it demonstrated its expertise with Kalvari-class submarines.
Recent news on Sealmatic India:
As of December 30, 2024, Sealmatic India Limited has expanded globally through a strategic partnership with ValueTech Engineering in Egypt, targeting industries like oil & gas, petrochemicals, and power to offer high-quality mechanical seal solutions across Egypt and Africa.
Stock performance of Sealmatic India for Period of 1 week, 6 months and 1 year:
Sealmatic India Ltd has experienced a decline in its stock performance over the past week (-5.43%), six months (-33.2%), and one year (-8.24%). Despite recent achievements in defense applications, the stock has faced overall downturns.
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Shareholding pattern of Sealmatic India:
| All values in % | Sep 2024 | Mar 2024 |
| Promoter | 72.40% | 72.40% |
| FII | 0.00% | 0.00% |
| DII | 0.10% | 2.90% |
| Public | 27.50% | 24.70% |
About Sealmatic India:
Sealmatic India Limited (BSE: 543782) is a leading manufacturer of mechanical seals, sealing systems, and precision-engineered spares. It serves industries like oil & gas, pharmaceutical, aerospace, and more. The company operates two advanced manufacturing facilities in Mumbai and Thane.
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.
