Kinetic Engineering rises on returning to two-wheeler market with Kinetic DX EV
Kinetic Engineering is currently trading at Rs. 342.00, up by 3.65 points or 1.08% from its previous closing of Rs. 338.35 on the BSE.
The scrip opened at Rs. 339.00 and has touched a high and low of Rs. 345.00 and Rs. 333.00 respectively. So far 5203 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 385.00 on 21-Jul-2025 and a 52 week low of Rs. 143.00 on 13-Jan-2025.
Last one week high and low of the scrip stood at Rs. 357.70 and Rs. 330.00 respectively. The current market cap of the company is Rs. 800.66 crore.
The promoters holding in the company stood at 61.52%, while Institutions and Non-Institutions held 4.72% and 33.75% respectively.
Kinetic Engineering has returned to the two-wheeler market with the launch of the all-new Kinetic DX EV. The company has launched Kinetic DX EV, a made-in-India model range, through its dedicated EV manufacturing subsidiary -- Kinetic Watts and Volts. The most important feature of Kinetic DX EV is the LFP battery with 2.6 kWh Maximum capacity, made by Range-X, which has up to 4 times more life (2500 to 3500+ cycles) than other NMC battery powered scooters in India, making it a safer option with better thermal sensitivity. The battery is slated to give an estimated IDC range of 116kms on the DX +, due to its K-Coast regenerative technology and a 60V system for maximum efficiency. It also sports a peppy motor capable of churning up to 90 km/hr with 3 modes (Range, Power, Turbo).
With bookings limited to just 35,000 units, deliveries begin in September 2025. The Kinetic DX is priced at Rs 1,11,499 and the Kinetic DX+ is priced at Rs 1,17,499 (All prices, ex-showroom, Pune). Kinetic Watts and Volts has already been capitalized with Rs 72 crore through the company and the promoters. Demonstrating their unwavering commitment, the promoters have recently pledged an additional Rs 177 crore in the company, with a significant portion dedicated to scaling up the DX platform.
Kinetic Engineering is engaged in manufacturing components and assemblies to passenger vehicles, commercial vehicles, tractors, two-three wheelers and construction vehicles, in addition to non-auto segments.
