Kabra Extrusiontechnik rises on incorporating subsidiary in UAE
Kabra Extrusiontechnik is currently trading at Rs. 817.10, up by 7.35 points or 0.91% from its previous closing of Rs. 809.75 on the BSE.
The scrip opened at Rs. 818.00 and has touched a high and low of Rs. 841.90 and Rs. 812.10 respectively. So far 782 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 888.65 on 28-Sep-2026 and a 52 week low of Rs. 171.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 841.90 and Rs. 756.00 respectively. The current market cap of the company is Rs. 3156.73 crore.
The promoters holding in the company stood at 60.44%, while Institutions and Non-Institutions held 0.37% and 39.19% respectively.
Kabra Extrusiontechnik has incorporated a wholly owned subsidiary in the name and style of ‘Geon International FZ-LLC’, a Free Zone Limited Liability Company, in the Ras Al Khaimah Economic Zone (RAKEZ), United Arab Emirates (UAE), on October 05, 2026. The subsidiary will act as an intermediary holding company in the UAE for the company’s international business, as approved by the board on September 05, 2026.
