Master Components Rises 2.24% As It Enters MoU with Prathamesh Industries for JV in SMC & DMC Manufacturing

Nasik, October 6, 2025: Master Components Limited’s share price witnessed increased investor demand after the company announced that it had entered into a Memorandum of Understanding (MoU) with Prathamesh Industries. At the end of the trading session today, the shares closed at ₹365, up by 2.24%, or 8 points. The shares made an intraday high of ₹370 and a low of ₹365. The traded volume stood at 2,000 shares, with the company’s market cap at ₹143 crore. The shares have their 52-week range between ₹250.00 – ₹425.00.

Master Components Limited is an Indian company that is engaged in the manufacturing of plastic engineering components. The company was established in 1999 and is headquartered in Nasik, Maharashtra. The shares of the company are listed on NSE with the ticker symbol MASTER.

MoU with Prathamesh Industries for JV in SMC & DMC Manufacturing

The rise in the share price comes after the company announced that it entered into a Memorandum of Understanding (MoU) with Prathamesh Industries on October 4, 2025. Under the MOU, Master Components will explore forming a joint venture (JV) for manufacturing Sheet Moulding Compound (SMC) and Dough Moulding Compound (DMC) materials to cater to domestic and global markets.

The company stated that the MoU outlines preliminary terms for collaboration, with definitive terms to be finalised later in a JV agreement. No shareholding or related party involvement has been reported at this stage. Both parties are expected to contribute towards creating a separate legal entity for the venture, which will manufacture industrial-grade raw materials used in electrical, automotive, and composite sectors.

REF: https://nsearchives.nseindia.com/corporate/MCL2023_05102025111057_MCL_Entering_into_MoU_04102025.pdf

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