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Smallcap stock jumps 7% after it commissions new plant in Gujarat with receipt of dedicated power supply

Leading PVC product manufacturer has resolved power issues, fully operationalizing its Gujarat plant, doubling production capacity to 40,000 MTPA, marking a transformative step toward growth and enhanced market position.
Smallcap stock surges 7% after commissioning new Gujarat plant with dedicated power supply.
Smallcap stock surges 7% after commissioning new Gujarat plant with dedicated power supply.

Introduction:

Prominent PVC product manufacturer has fully operationalized its state-of-the-art manufacturing plant in Gujarat, increasing production capacity from 18,000 MTPA to 40,000 MTPA, following the resolution of persistent power supply issues, promising significant growth and innovation ahead.

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Share price movement of Kaka Industries:

On January 2, 2025, Kaka Industries Ltd opened at ₹281.00, slightly below its previous close of ₹281.95. The stock surged to a high of ₹305.05 and a low of ₹277.25, ultimately trading at ₹301.90, reflecting a 7.08% gain, with a market cap of ₹412.40 crore.

Kaka Industries Boosts Production Capacity:

Kaka Industries Ltd, a leading PVC product manufacturer, has fully commissioned its advanced manufacturing plant in Lasundra, Gujarat. Spanning 8,00,000 square feet, the facility aims to boost production capacity from 18,000 MTPA to 40,000 MTPA over the next three years.

The plant, which faced power supply challenges for six months, has now secured an uninterrupted supply from Madhya Gujarat Vij Company Limited (MGVCL). With operational efficiency restored, Kaka Industries is poised to achieve significant productivity milestones in the near future.

This development marks a transformative step for the company, enhancing its manufacturing capabilities and reinforcing its market position. Kaka Industries remains committed to driving growth and delivering innovative PVC-based solutions to its stakeholders.

Ace investor holding in Kaka Industries:

Hem Chand Jain

Hem Chand Jain holds a 1.02% stake in Kaka Industries Ltd, owning 140,000 shares valued at ₹4.2 crore. His investment highlights confidence in the company’s growth prospects and its position in the PVC manufacturing industry.

Stock performance of Kaka Industries for Period of 1 week, 6 months and 1 year:

Kaka Industries Ltd. has shown impressive performance, with a 1.57% return over the past week, 23.8% over the last six months, and an outstanding 63.9% return over the past year, reflecting strong growth and market confidence.

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Shareholding pattern of Kaka Industries:

All values in %Sep 2024Mar 2024
Promoter70.00%69.90%
FII0%0%
DII0%0.70%
Public30.00%29.50%
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About Kaka Industries:

Kaka Industries Limited (BSE: 543939) is a key player in the polymer industry, focused on quality, innovation, and sustainability. The company offers a range of polymer products, delivering advanced solutions across various sectors to meet market needs.

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.

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