Knowledge Marine zooms on acquiring prime waterfront land in Palghar
Knowledge Marine & Engineering Works is currently trading at Rs. 2218.80, up by 182.00 points or 8.94% from its previous closing of Rs. 2036.80 on the BSE.
The scrip opened at Rs. 2060.75 and has touched a high and low of Rs. 2220.50 and Rs. 2040.00 respectively. So far 44648 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 2,220.50 on 05-May-2026 and a 52 week low of Rs. 655.00 on 07-May-2025.
Last one week high and low of the scrip stood at Rs. 2,220.50 and Rs. 1,554.55 respectively. The current market cap of the company is Rs. 5417.79 crore.
The promoters holding in the company stood at 53.63%, while Institutions and Non-Institutions held 13.47% and 32.90% respectively.
Knowledge Marine & Engineering Works (KMEW) has acquired around 15 acres of prime waterfront land (with an additional 5-acre expansion option) at Saphale, Palghar, Maharashtra. Executed through its subsidiary, Knowledge Shipyard, the acquisition marks a pivotal step in KMEW’s evolution into a technology-driven, sustainable shipbuilding enterprise. This development follows KMEW’s recent entry into commercial shipbuilding and establishes a dedicated platform for scalable, future-ready maritime infrastructure.
Located along the Vaitarna River and in close proximity to the upcoming Vadhvan Port, the site offers strong multimodal connectivity and natural marine advantages, including around 188m waterfront access, Natural slipway with around 6m high-tide draft and Robust river width enabling efficient vessel movement. These inherent features position the facility as a high-efficiency hub for modern shipbuilding and repair operations.
