SME stock hits fresh 52-week high on nuclear safety accreditation, jumps 8 per cent!
This prestigious certification has opened new doors for company, ushering in a potential era of high revenue and lucrative business opportunities in the nuclear power plant industry within India.
In the enchanting world of business, there are rare instances when Paulo Coelho's profound words manifest themselves with undeniable clarity. Sealmatic India Ltd., a mechanical seal company with a remarkable tale to tell, exemplifies the truth behind Coelho's powerful quote: "When you want something, all the universe conspires in helping you to achieve it."
Sealmatic India Ltd. recently achieved a remarkable milestone by obtaining accreditation with the ISO 19443 for Nuclear Applications, a distinction unmatched by any other mechanical seal company in India or even globally. This prestigious certification has opened new doors for Sealmatic, ushering in a potential era of high revenue and lucrative business opportunities in the nuclear power plant industry within India.
ISO 19443, a nuclear-specific quality management standard, has been meticulously designed to enhance safety and quality across the nuclear supply chain. By integrating safety best practices with industry-specific requirements, this certification ensures optimum nuclear safety. As the world gradually steers away from traditional fossil fuels in favor of clean energy alternatives, the demand for nuclear power has soared. Developed and developing countries alike are expanding and refining their nuclear programs, posing a challenge to energy providers who must meet stringent national and international quality and safety standards while staying on schedule and within budget.
With the ISO 19443 qualification in hand, Sealmatic India confidently assures project owners of the safety and resilience of their nuclear power plants under any circumstances. The company diligently upholds strict safety regulations throughout its supply chain, and the certification serves as a testament to the fusion of their quality management system (QMS) with the specific requirements of the nuclear industry. Sealmatic's commitment to excellence is further demonstrated by the certification, showcasing their quality, reliability, and dedication to continuous improvement.
Sealmatic India's global reach is extensive, with their products being exported to more than 45 countries around the world. Fortune 500 companies such as Reliance, IOCL, BPCL, HPCL, GAIL, NTPC, NPC, and many others trust Sealmatic as their reliable supplier. Additionally, the company stands as the exclusive supplier to renowned pump manufacturers worldwide, including KLB, Sundyne, Sulzer, KE, and numerous others. With certifications like API Q1, ATEX, Department of Science and Industrial Research, ISO 9000, and many more, Sealmatic India has solidified its reputation as a company dedicated to excellence.
The resounding success of Sealmatic India Ltd. is not limited to the realms of quality and certifications alone. Their stock price has experienced a meteoric rise, soaring by a staggering about 73 per cent since its debut on the BSE SME platform. It's a remarkable achievement that has not gone unnoticed, with the stock hitting a fresh 52-week high, surging 8 per cent on a thrilling Thursday.