SP Refractories Ltd share Price Today

The Company was incorporated as `SP Refractories Private Limited` on January 18, 2007 under the Companies Act, 2013 with the Registrar of Companies, Mumbai. The status of the Company was changed to Public Limited and name of the Company got changed to SP Refractories Limited vide Special Resolution dated October 11, 2021. The fresh Certificate of Incorporation consequent to conversion was issued on October 28, 2021 by the Registrar of Companies, Mumbai. The Company is engaged in manufacturing and supplying Refractory Material made using hydrated lime, Calcined Alumina and other raw materials. The Company has one manufacturing facility at M- 10, MIDC, Hingna, Nagpur and the adjoining premise M- 11-1 & M-11-2, MIDC, Hingna, Nagpur is being used as Godown and storage facility. The Company began its operations in the year 2007 with purchase in manufacturing of refractory cement and castables. Prior to incorporation of the Company, Late Sri. Prabodh Kale, was running the established business of refractory cement in a Partnership Firm named Shanark Industries based out of Nagpur. Post his demise, his wife; Namita Kale took the business activities forward under SP Refractories Limited as the Promoter along with her daughters Shweta Kale and Prajakta Kale. And presently, the Company is promoted by Namita Prabodh Kale, Shweta Prabodh Kale and Prajakta Prabodh Kale. The Company has a healthy client base due to its quality product, customized solutions and large product line. It has clinkers manufacturing capacity of 4000 MT per year and Clinkers crushing capacity of 6000 MT per year. The Company get clinkers manufactured from outsider on job work basis and thereafter process of crushing the clinkers, blending and packing of refractory cement in powder form carries out in its manufacturing facility for excess capacity of crushing. Further, as and when required Company purchase clinkers from vendors and carry out process of crushing the clinkers, blending and packing of refractory cement in powder form to utilize excess capacity of crushing. The Company has dedicated semi-automatic machines and skilled operators for manual checking of raw materials as well as finished goods. Its Testing and QC Technical team combined with testing equipments ensures the quality of raw material dispensed in the production process and also the finished goods delivered to customers. This helps in improving the procurement process thus reducing wastages, returns and other related costs.

SP Refractories share price as on 26 Apr 2024 is Rs. 172. Over the past 6 months, the SP Refractories share price has increased by 88.49% and in the last one year, it has increased by 103.19%. The 52-week low for SP Refractories share price was Rs. 80 and 52-week high was Rs. 172.