Mumbai, 13 November (Udaipur Kiran)। Shares of Elpro International moved higher on Thursday after the company announced the purchase of an additional 57,500 equity shares in Ganesha Ecosphere, further increasing its strategic holding in the recycled polyester fibre manufacturer.
The stock traded at ₹90.64, up 1.56% from its previous close of ₹89.25. It opened at ₹89.50 and touched an intraday high of ₹91.00. Total traded volume stood at 31,056 shares.
The BSE ‘B’ group stock has recorded a 52-week high of ₹129.90 (6 Dec 2024) and a 52-week low of ₹62.30 (19 Feb 2025). The company’s market capitalization is ₹1,536.50 crore. Promoters hold 75%, institutions 8.26%, and non-institutions 16.74%.
Total Stake Now at 1,21,540 Shares
With the latest acquisition—valued at ₹5.65 crore—Elpro International’s total holding in Ganesha Ecosphere has risen to 1,21,540 equity shares. Earlier, the company had purchased 53,566 shares as part of its ongoing investment strategy.
Ganesha Ecosphere is recognized as one of India’s leading manufacturers of recycled polyester (rPET) fibre, serving diverse industries.
Elpro International remains the only company outside the United States manufacturing surge arresters and zinc oxide discs using GE technology, considered among the best globally.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
