Alice Blue Home
URL copied to clipboard

Trending News

Stock jumps after it signs agreement with KARRAN INC.,USA for supply of quartz kitchen sinks

Stock secured a U.S. supply deal for 150,000 Quartz sinks annually from May 2025, investing USD 510,000 to enhance production, strengthen global expansion, and boost manufacturing.
Stock secured a U.S. deal for 150,000 Quartz sinks, investing USD 510,000 for expansion.
Stock secured a U.S. deal for 150,000 Quartz sinks, investing USD 510,000 for expansion.

Introduction:

Stock has secured an agreement with a major U.S. firm to supply Quartz kitchen sinks, committing to a production capacity of 150,000 sinks annually from May 2025. With a USD 510,000 investment, this move strengthens its global market expansion and manufacturing capabilities.

Alice Blue Image

Share Price movement of Carysil:

On March 12, 2025, Carysil Limited opened at ₹507.50, reaching a high of ₹531.90, up 3.27% from its previous close of ₹504.95, with a low of ₹507.50. The stock is currently trading at ₹521.45, with a market cap of ₹1,481.73 crore.

Carysil share price rise:

Carysil Limited has entered into an agreement with Karran Inc., USA, to supply Quartz kitchen sinks for a major U.S. home retail chain. The company will dedicate a minimum production capacity of 150,000 sinks annually, with operations set to begin in May 2025.  

To support this commitment, Carysil will invest approximately USD 510,000 in molds, machinery, and utilities. This strategic move strengthens its presence in the U.S. market and enhances production capabilities to meet growing demand from a major international customer.  

This agreement aligns with Carysil’s expansion strategy, reinforcing its position in the global kitchen sink industry. The disclosure complies with SEBI (LODR) Regulations, 2015, ensuring transparency for stakeholders and highlighting its commitment to scaling operations in international markets.

Also Read: PSU infra stock in focus after it receives order worth ₹554.6 Cr from NHAI

Ace investor holding of Carysil:

Ashish Kacholia holds 10 lakh shares in Carysil Ltd., representing a 3.52% stake valued at ₹52.1 crore. His investment remains unchanged from the previous quarter, reflecting confidence in the company’s growth potential amid its expanding presence in global kitchen sink manufacturing markets.

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

Over the past one week, Carysil’s stock declined by 1.24%, reflecting short-term volatility. In the last six months, the stock saw a significant drop of 41.5%, indicating a prolonged downtrend. Over the past year, the stock has fallen by 47.3%, highlighting continued challenges.

Also Read: Food delivery stock to watch after it partners with Sulabh International for 100% EV delivery fleet by 2030

Shareholding pattern of Carysil:

All values in %Dec-24Sep-24Jun-24
Promoters41.3741.3743.79
FII1.291.220.7
DII11.6911.097.2
Retail & others45.6646.3248.31
Alice Blue Image

About Carysil:

Carysil ltd (NSE: CARYSIL) is a leading manufacturer of Quartz kitchen sinks, catering to domestic and international markets. With a strong global presence, the company specializes in innovative and high-quality kitchen solutions, expanding its footprint through strategic partnerships and advanced manufacturing capabilities.

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.

Loading
Submit the form, and get to know how you scored!!!

Gainers & Losers

Read More News

डिफेंस एक्सप्लोसिव्स के लिए ₹21.45 करोड़ का एक्सपोर्ट ऑर्डर मिलने के बाद, डिफेंस स्टॉक 6% उछला।

डिफेंस स्टॉक को ₹21.45 करोड़ का डिफेंस एक्सप्लोसिव्स के लिए निर्यात ऑर्डर मिला, जिससे इसकी वैश्विक उपस्थिति मजबूत हुई। यह

स्मार्ट मीटर्स की आपूर्ति के लिए ₹369.90 करोड़ का ऑर्डर मिलने के बाद, इलेक्ट्रिक इक्विपमेंट स्टॉक 9% उछला।

इलेक्ट्रिक इक्विपमेंट स्टॉक को ₹369.90 करोड़ के स्मार्ट मीटर ऑर्डर मिले, जिससे इसकी बाजार उपस्थिति मजबूत हुई। यह ऊर्जा प्रबंधन

*T&C apply