Mumbai-based speciality care products maker Galaxy Surfactants announced on Wednesday (March 5) that it has entered into a strategic collaboration through its group companies with a global customer to provide Engineering, Procurement, and Construction (EPC) services for performance surfactants and speciality ingredients manufacturing plant at an overseas location.
According to a regulatory filing, the collaboration involves providing process design, procurement, engineering, construction, and commissioning of the customer’s manufacturing facility. The move is expected to enhance Galaxy Surfactants’ global presence and strengthen its foothold in the surfactants and speciality ingredients sector.
The company further stated that it is in advanced discussions to expand its partnership with the customer beyond the commissioning of the plant. This expansion is expected to open new avenues for collaboration and business growth.
While the financial terms of the agreement have not been disclosed due to confidentiality agreements, the company emphasised that this partnership marks a significant step in strengthening its global operations and strategic alliances.
With this move, Galaxy Surfactants aims to bolster its presence in international markets, further cementing its position as a leading supplier of performance surfactants and specialty ingredients.
On March 06, 2025, Galaxy Surfactants share price ended 6.60% higher at ₹2,393.20 at 9:59 AM (IST). Galaxy Surfactants’s share price reached a 52-week high of ₹3,366.30 on September 17, 2024, and a 52-week low of ₹2,085.00 on March 03, 2025. As per BSE, the total traded volume for the stock stood at 558 shares with a turnover of ₹13.06 lakhs.
At the current price, Galaxy Surfactants shares are trading at a price-to-earnings (P/E) ratio of 49.39x, based on its trailing 12-month earnings per share (EPS) of ₹48.46, and a price-to-book (P/B) ratio of 5.94, according to exchange data.
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Published on: Mar 6, 2025, 10:11 AM IST
Dev Sethia
Dev is a content writer with over 2 years of experience at Business Today, Times of India, and Financial Express. He has also contributed stories in Hindi for BT Bazaar and Khalsa Bandhan News Paper. A journalism postgraduate from ACJ-Bloomberg, Dev enjoys spending his spare time on the cricket pitch.
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