Sensex
81,785.74 profit arw -118.96 (-0.15%)
Nifty
25,069.20 profit arw -44.80 (-0.18%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 15-Sep-2025
Hot Pursuit
15-Sep-2025     09:49

Classic Electrodes (India) jumps after securing Rs 17-cr order from Srinchal Fabricators

The order is to be executed within six months.

Classic Electrodes (India) made a debut on the stock exchanges on 1 September 2025, with its shares listing at Rs 100, a 14.94% premium to the issue price of Rs 87.

The company's initial public offering (IPO), which closed on 26 August 2025, was subscribed 165.39 times. The IPO was priced within a band of Rs 82 to Rs 87 per share. The stock hit a record high of Rs 101 on 1 September 2025.

Classic Electrodes (India) is a prominent Indian manufacturer specializing in welding consumables, including electrodes and MIG wires.

The company recorded revenue from operations of Rs 187.60 crore and a net profit of Rs 9.57 crore for the period ended 28 February 2025.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

81,785.74 -118.96 (-0.15%)

Nifty

25,069.20 -44.80 (-0.18%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

26,446.57 58.40(0.22%)