PG Electroplast soars 8%, hits new high on strong business outlook

For FY23, the company has maintained sales guidance of Rs 1,800 crore, up 64 per cent over FY22

Shares of PG Electroplast hit a new high of Rs 1,228 as they rallied 8 per cent on the BSE in Tuesday's intra-day trade, in an otherwise range-bound market. The stock of the consumer electronics company surpassed its previous high of Rs 1,184, touched on January 12, 2023. In comparison, the S&P BSE Sensex was down 0.01 per cent at 60,938 at 02:26 PM.

PG Electroplast is a partner for manufacturing solutions for leading consumer durables and consumer electronics companies in India. It has one of the biggest capacities in the plastic injection molding and has capabilities across the