Kriti Industries (India) Limited, established on 12 March, 1990, is engaged in manufacturing, sale and supply of Pipes & fittings and accessories which are used in agriculture, construction segment (building products) and drip irrigation systems. The company also manufactures and sells PLB Ducts, HDPE & MDPE pipes largely used in infrastructure sector.
Kriti Group manufactures a line products for diverse sectors, such as agriculture, micro irrigation, building and infrastructure, sewage, natural gas distribution pipelines, telecommunication, PLB HDPE ducts, industrial piping, blow moulded hollow plastic containers for industrial and domestic usage and engineering plastic moulding. Company is operating in Plastic segment under four verticals namely Agriculture, Building products, Micro irrigation and Infrastructure.
This positioning was relevant in a country like India, where agriculture was sustained by rain; the provision of quality pipes made it possible to transport water from rain-fed to rain-deficit areas. More importantly, these pipes were actively used in liquid transportation to storage points. By the virtue of this product and service availability, the Company assisted in the process of enhancing water security across pockets of rural India. Since then, the Company's Kasta Pipes brand has deepened respect as a brand of first recall across Central India. Presently, it manufactures products across 33 extrusion lines for PVC pipes, 14 extrusion lines for HDPE and ... drip irrigation and 27 injection moulding machines within state-of-the-art facilities. The greater part of the product manufacturing is based in Central India with a branch in the Western region. The Company's plant is located in Dhar, Madhya Pradesh. The group sells branded products for domestic consumption as well as exports.
In 2015, the Company started the supply of PE pipes for Reliance's coal-based methane project. It thereafter, commenced commercial production on October 27, 2016 in Unit II at Pithampur, Madhya Pradesh, to manufacture Water Tanks and CPVC Pipies/Fittings. In 2019, it launched higher diameter PE pipes (710mm).
The Company introduced a new manufacturing unit for column pipes in 2023. The Board of Directors of the Company at its meeting held on 9th November, 2024 have approved the proposal to amalgamate Kriti Auto & Engineering Plastics Pvt. Ltd., Wholly Owned Subsidiary with the Company.
FAQs on Kriti Industries (India) Ltd
1. Can I buy Kriti Industries (India) Ltd from PL Capital? ›
Yes, you can invest in Kriti Industries (India) Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Kriti Industries (India) Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Kriti Industries (India) Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Kriti Industries (India) Ltd pay dividends? ›
Kriti Industries (India) Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Kriti Industries (India) Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Kriti Industries (India) Ltd. is ₹ 83 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Kriti Industries (India) Ltd ? ›
The 52-week high and low of Kriti Industries (India) Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
