Promoters and FIIs both have increased their stake in the company as per the Q4 FY24 update.

The stock has gained more than 100 per cent in just one year. 

On Tuesday, the Sensex fell by marginal 18 points to close at 60,672.72, while the Nifty 50 dropped by marginal 18 points to close at 17,826.70

Amid selling pressure in banking and IT firms, the Indian market indexes Sensex and Nifty50 finished with substantial losses. 

On Tuesday around noon, the headline equity indices, i.e. Sensex and Nifty 50 were trading flat as compared to the last trading session, owing to a rise in the crude oil price, as the European Union (EU) has finally decided to ban almost 90 per cent crude oil imports from Russia by the end of 2022.  

BSE Smallcap index underperformed broader markets by closing at 25,883.85 with losses of 1.14 per cent.

The company expects significant traction in plastic moulding in the consumer durables space in washing machines, room air conditioners, refrigerators, ceiling fans and sanitaryware products, asserts Vikas Gupta, Managing Director (Operations) at PG Electroplast Ltd 

The stock of PG Electroplast (PGEL) is witnessing a one-way upmove as after opening at the level of Rs 781.80, it jumped over 10 per cent and touched an intraday high of Rs 862