Kothari Industrial Corporation rises on signing MoU with Tvasta Manufacturing Solutions
Kothari Industrial Corporation is currently trading at Rs. 199.80, up by 2.45 points or 1.24% from its previous closing of Rs. 197.35 on the BSE.
The scrip opened at Rs. 208.90 and has touched a high and low of Rs. 208.90 and Rs. 177.70 respectively. So far 962 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 624.95 on 09-Sep-2025 and a 52 week low of Rs. 152.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 223.90 and Rs. 152.00 respectively. The current market cap of the company is Rs. 2122.63 crore.
The promoters holding in the company stood at 47.38%, while Institutions and Non-Institutions held 2.07% and 50.54% respectively.
Kothari Industrial Corporation and Chennai-based deep tech startup Tvasta Manufacturing Solutions, which specializes in Construction 3D Printing, have signed a Memorandum of Understanding (MoU) to explore construction 3D printing opportunities with initial focus on Australia’s residential housing construction market, marking a significant milestone in India's technology export capabilities and international construction partnerships. The collaboration comes at a critical juncture as Australia faces a severe housing shortage and affordability crisis and major cities ranking among the least affordable globally.
