Shares of Galaxy Surfactants Ltd (NSE: GALAXYSURF) surged 3.20% to ₹2,310.90 on March 6, 2025, following the company’s announcement of a strategic collaboration with a global customer to provide Engineering, Procurement, and Construction (EPC) services for a Performance Surfactants and Specialty Ingredients Plant at an overseas location.
Key Highlights of the Collaboration
- Galaxy Surfactants, through its group companies, will oversee process design, procurement, engineering, construction, and commissioning of the new facility.
- The company is also in advanced discussions to extend this collaboration beyond plant commissioning.
- This partnership aligns with Galaxy Surfactants’ growth vision to expand its global footprint in key markets.
- The company emphasized its 4Cs philosophy – Character, Competence, Competitiveness, and Comfort, highlighting strong customer relationships as a key driver of business success.
- Financial details remain undisclosed, but the deal is expected to boost revenue growth and strengthen Galaxy Surfactants’ market position in specialty ingredients.
Stock Performance Summary
- Current Price: ₹2,310.90 (+3.20%)
- Previous Close: ₹2,239.30
- Day Range: ₹2,272.90 – ₹2,272.90
- 52-Week Range: ₹2,072.05 – ₹3,370.00
- Market Cap: ₹80.59 billion
- P/E Ratio: 26.29
- Dividend Yield: 0.97%
- Average Volume: 9.18K
Investors have reacted positively to this collaboration, expecting it to drive future growth and enhance the company’s position in the global specialty chemicals market.
Disclaimer:
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