PG Electroplast Shares Surge as Singapore Government and Motilal Oswal AMC Acquire Stakes May 28, 2025
More news about PG Electroplast
27May 25
Singapore Government and Motilal Oswal AMC Acquire Stakes in PG Electroplast
PG Electroplast, a leading EMS company, underwent a significant shareholding change through a block deal. The Gupta family, company promoters, sold 5.3% of their stake for approximately Rs 1,133.00 crore. The Government of Singapore acquired a 1.35% stake, while Motilal Oswal AMC purchased 0.56%. The transaction occurred at around Rs 754.80 per share, potentially signaling increased international interest in India's electronics manufacturing sector and confidence in PG Electroplast's future prospects.
27May 25
PG Electroplast Promoters to Offload 5.62% Stake in ₹1,177 Crore Block Deal
PG Electroplast Ltd.'s promoters are set to sell a 5.62% stake (1.59 crore shares) through a block deal on May 27, 2025. The floor price is set at ₹740.00 per share, valuing the deal at ₹1,177.00 crore. JM Financial will manage the transaction. The sale aims to improve stock liquidity and attract institutional investors. Post-sale, the remaining promoter stake will be locked in for 180 days.
27May 25
PG Electroplast Sees Massive Block Trade Worth ₹566.10 Crore on BSE
A significant block trade of approximately 7,500,000 PG Electroplast shares occurred on the Bombay Stock Exchange. The shares were traded at an average price of ₹754.80, totaling ₹566.10 crore. The transaction was executed in multiple blocks, potentially indicating institutional investor activity or a major shift in holdings. This large-scale trade in the electronic manufacturing services company may signal investor confidence and could impact future trading sessions.
26May 25
PG Electroplast Promoters to Offload 5.6% Stake in Block Deal
PG Electroplast's promoters, the Gupta family, plan to sell 1.59 crore shares (5.6% equity) in a block deal scheduled for Tuesday. The floor price is set at Rs 740 per share, a 4% discount to Monday's closing price, valuing the deal at approximately Rs 1,177 crore. Post-transaction, the Gupta family's stake will reduce from 49.37% to about 43.77%. A 180-day lock-up period will apply to the promoters' remaining shares. This move is expected to increase free float and potentially attract institutional investors, though it may cause short-term price pressure.
26May 25
PG Electro Promoters Set to Offload 5.62% Stake in Block Deal
PG Electro's promoters plan to sell 1.59 crore shares (5.62% stake) through block deals. The floor price is set at ₹740.00 per share, a 4% discount to the current market price. The total transaction value is estimated at ₹1,176.60 crores. JM Financial will facilitate the deal as the appointed broker. This move could increase free float, diversify ownership, and impact market sentiment.
14May 25
PG Electroplast Achieves Remarkable 77% Revenue Growth in Q4, Driven by Strong Demand
PG Electroplast, a leader in electronics manufacturing services, reported a 77% year-on-year increase in Q4 revenues, reaching Rs 19 billion. The growth was driven by strong demand in room air conditioners and washing machines. For FY2025, consolidated revenues grew 77.30% to Rs 48.70 billion, despite declining average selling prices. The company's performance indicates robust market demand and effective volume growth strategies.
PG Electroplast reported strong Q4 FY25 results with net profit doubling to Rs 146.38 crore and revenue increasing by 77.4% to Rs 1,909.85 crore. For FY25, net profit doubled to Rs 290.92 crore with total income of Rs 4,904.63 crore. The company projects FY26 consolidated sales of Rs 6,345.00 crore, a 29.37% growth, and targets a net profit of Rs 405.00 crore, representing a 39.21% increase from FY25.
12May 25
PG Electroplast Forecasts Robust 30.3% Revenue Growth for FY'26
PG Electroplast, a leading electronics manufacturer, has announced a projected revenue growth of 30.3% for fiscal year 2026. The company expects its total product and electronic revenue to increase from ₹4,869.00 crore in FY'25 to ₹6,345.00 crore in FY'26. This ambitious forecast suggests strong confidence in the company's future performance and potentially positive trends in the broader Indian electronics manufacturing sector.
12May 25
PG Electroplast Reports Impressive Q4 Financial Performance with Substantial Growth
PG Electroplast, a leader in electronics manufacturing services, announced impressive Q4 financial results. Revenue surged 76.42% year-over-year to ₹19.00 billion. EBITDA increased by 82.8% to ₹2.12 billion, with a slight margin improvement to 11.09%. The company's net profit more than doubled, growing 101.14% to ₹1.40 billion, showcasing strong operational efficiency and market demand for its products and services.
PG Electroplast Limited and its subsidiary, PG Technoplast Private Limited, are undergoing a GST inspection by Maharashtra authorities. The inspection, which began on March 11, 2025, is taking place at their Supa, Ahilyanagar facilities. The company reports full cooperation with officials and states that normal operations continue uninterrupted. No financial implications have been reported by the GST authorities thus far.