Kothari Industrial Corporation shines on entering into MoU with University of Western Australia
Kothari Industrial Corporation is currently trading at Rs. 116.00, up by 10.10 points or 9.54% from its previous closing of Rs. 105.90 on the BSE.
The scrip opened at Rs. 104.60 and has touched a high and low of Rs. 115.95 and Rs. 104.60 respectively. So far 6941 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 510.10 on 11-Nov-2025 and a 52 week low of Rs. 98.95 on 02-Nov-2026.
Last one week high and low of the scrip stood at Rs. 119.90 and Rs. 98.95 respectively. The current market cap of the company is Rs. 1226.59 crore.
The promoters holding in the company stood at 47.35%, while Institutions and Non-Institutions held 2.05% and 50.59% respectively.
Kothari Industrial Corporation has entered into a Memorandum of Understanding (MoU) with The University of Western Australia (UWA), Australia, with the objective of establishing a collaborative framework for international engagement in education, teaching, research and related activities.
UWA is ranked among the top 100 universities globally and is a member of the Group of Eight (Go8), a coalition of Australia's leading research-intensive universities. it offers undergraduate and postgraduate programmes and is recognised for its international engagement, industry partnerships and high-impact research and education.
The MoU envisages the establishment of the UWA Global Engagement Alliance, which will facilitate international engagement across teaching, research and related activities, besides promoting the exchange of knowledge and expertise between the parties. The Alliance is expected to meet at least twice a year, with meetings potentiality held in Australia, the United Kingdom or India. The MoU shall remain in force for a period of five years from the date of the last signature.
