Responsive Industries Gains After Completing First Phase of Kaiga Power Plant Project

New Delhi, November 4 (Udaipur Kiran): Shares of Responsive Industries edged higher on Monday after the company announced the successful execution of the first phase of the Kaiga Generating Station Power Plant, one of India’s major and technically complex infrastructure projects.

Responsive Industries

The stock was trading at Rs. 196.50, up Rs. 0.30 or 0.15% from its previous close of Rs. 196.20 on the BSE. The scrip opened at Rs. 198.80 and touched a high of Rs. 200.70 and a low of Rs. 196.45 during the session, with 394 shares traded so far. The company’s market capitalisation stands at Rs. 5,281.52 crore.

The BSE group ‘B’ stock, with a face value of Re. 1, has recorded a 52-week high of Rs. 289.25 (on December 12, 2024) and a 52-week low of Rs. 168.55 (on October 27, 2025). Over the past week, the stock has traded between Rs. 201.45 and Rs. 168.55. The promoters hold 58.58%, while institutional investors and non-institutional investors hold 33.91% and 7.51%, respectively.

The company stated that it has successfully laid its in-house manufactured waterproofing membranes on the foundation of the Kaiga Generating Station Power Plant, meeting and exceeding all performance and quality benchmarks under certified laboratory testing in India. These Made-in-India membranes were developed and produced by Responsive Industries as part of its ongoing contribution to self-reliant national infrastructure development.

This achievement highlights the company’s commitment to engineering precision, quality, and innovation, further strengthening its position as a reliable partner in India’s critical infrastructure ecosystem.

Responsive Industries is a leading manufacturer of PVC products, recognized globally for its quality standards compliant with EU and U.S. certifications.

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