PG Electroplast Shares Soared 5% on Aug 20 After Exiting F&O Ban

On Aug 20, 2025, PG Electroplast shares rose as much as 5% in early trade, reaching a day high of ₹573.80 at 11:05 AM after opening at ₹541.95 on BSE. The gain in PG Electroplast shares follows the company's exit from the Futures & Options (F&O) ban. The stock had been under F&O restrictions since August 12.

Impact of F&O Exit

Exiting the F&O ban indicates that traders can now initiate fresh positions in the stock—something not permitted while it was under restriction. A stock is removed from the F&O ban list once its open interest drops below 80% of the market-wide position limit (MWPL), the maximum number of open contracts allowed across all market participants for that security.

PG Electroplast Share Performance

Despite the ban, PG Electroplast shares managed to gain 5% over the 5 trading sessions it was restricted, rebounding strongly from previous losses. A 6% drop on August 13 was more than offset by an 8% rally on Monday, August 18, amid a broad-based surge in consumer durable stocks. The rally was fueled by investor optimism around potential GST rate cuts ahead of Diwali, boosting companies like Voltas, Blue Star, and IFB Industries as well.

Also Read: HAL Share Price in Focus: Government Approves ₹62,000 Crore Deal

The recent volatility follows a sharp sell-off earlier in the month. Between August 8 and August 11, PG Electroplast’s shares plunged over 30% after the company slashed its full-year guidance across several key metrics, including profitability and performance in its core business segments.

PG Electroplast Q1FY26 Highlights

PGEL faced a challenging first quarter of FY26, primarily due to early monsoons that tempered demand for its summer product portfolio. Despite these conditions, the company achieved a significant milestone, with consolidated revenues surpassing ₹1,500 crore. The Product business contributed ₹1,159 crore, accounting for 77.1% of total revenues and recording a solid year-on-year growth of 16.7%.

PGEL’s wholly-owned subsidiary, PG Technoplast, also delivered strong performance with revenues of ₹1,211 crore. The quarter witnessed encouraging customer response to new product launches, reflecting the company’s continued focus on innovation and market alignment.

PGEL is also actively investing in the development of new platforms for Room Air Conditioners and Washing Machines, and plans to expand production capacity across Room AC, Washing Machine, and Cooler segments during the year. Segment-wise, Room ACs grew 15.1% YoY, Washing Machines surged 36.1% YoY, while Coolers experienced a marginal decline of 3.9% YoY.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.