23-04-2024 12:25 PM | Source: Accord Fintech
Kennametal India surges on launching new product 'WIDMA - MacHX 800

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Kennametal India is currently trading at Rs. 2482.05, up by 66.60 points or 2.76% from its previous closing of Rs. 2415.45 on the BSE.

The scrip opened at Rs. 2456.00 and has touched a high and low of Rs. 2500.00 and Rs. 2425.00 respectively. So far 2577 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 3111.80 on 26-Sep-2023 and a 52 week low of Rs. 2099.00 on 13-Nov-2023.

Last one week high and low of the scrip stood at Rs. 2500.00 and Rs. 2352.05 respectively. The current market cap of the company is Rs. 5455.11 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 14.41% and 10.59% respectively.

Kennametal India has launched a new product ‘WIDMA - MacHX 800’ under the 'WIDMA' brand. The company has launched new product on April 22, 2024. The new product caters to domestic market.

Kennametal India is a leading global supplier of tooling, engineered components and advanced materials that are consumed in production processes.