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01-01-1970 12:00 AM | Source: Accord Fintech
Kirloskar Brothers gains on launching vertical inline long coupled 'KW-LC' pumps
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Kirloskar Brothers is currently trading at Rs. 586.50, up by 3.05 points or 0.52% from its previous closing of Rs. 583.45 on the BSE.

The scrip opened at Rs. 572.05 and has touched a high and low of Rs. 596.05 and Rs. 563.95 respectively. So far 12330 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 617.35 on 19-Jun-2023 and a 52 week low of Rs. 286.85 on 27-Jan-2023.

Last one week high and low of the scrip stood at Rs. 617.35 and Rs. 563.95 respectively. The current market cap of the company is Rs. 4693.07 crore.

The promoters holding in the company stood at 65.95%, while Institutions and Non-Institutions held 10.86% and 23.19% respectively.

Kirloskar Brothers (KBL) has launched its latest product, the Vertical Inline Long Coupled 'KW-LC' Pumps, expanding their ever-growing portfolio in the Heating, Ventilation, and Air-Conditioning (HVAC) segment. The KW-LC pump is a space-saving, vertical, long-coupled design that simplifies piping and has a compact structure.

The KW-LC pump features an enclosed, dynamically balanced impeller, which ensures smooth operation. The Minimum Efficiency Index (MEI) for this pump is greater than, or equal to 0.7 in accordance with Euro design norms. The pump includes a mechanical seal as a standard scope of supply, which can be removed for maintenance or replaced without disturbing the motor or piping.

With the launch of the KW-LC pump, KBL has demonstrated its commitment to innovation and expanding its portfolio of products. The KW-LC pump's design and features offer several advantages over existing products and meet the evolving demands of the market.

Kirloskar Brothers is a world-class pump manufacturing company with expertise in engineering and manufacture of systems for fluid management.