Kothari Industrial Corporation touches roof on signing MoU with Accademia IUAD
Kothari Industrial Corporation is currently trading at its upper circuit limit of Rs 527.40, up by 10.30 points or 1.99% from its previous closing of Rs 517.10 on the BSE.
The scrip opened at Rs 527.40 and has touched a high and low of Rs 527.40 and Rs 527.40 respectively. So far 260 shares were traded on the counter.
The BSE group 'XT' 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 26.56 on 26-Sep-2024.
Last one week high and low of the scrip stood at Rs 527.40 and Rs 497.10 respectively. The current market cap of the company is Rs 5527.32 crore.
The promoters holding in the company stood at 47.25%, while Institutions and Non-Institutions held 2.49% and 50.25% respectively.
Kothari Industrial Corporation has entered into a Memorandum of Understanding (MoU) on September 24, 2025 with Accademia IUAD, Italy, a reputed Design University, for the purpose of establishing a Joint Venture in India.
The objective of this arrangement is to collaborate in establishing a training center of international standard in Tamil Nadu, initially dedicated to the footwear and fashion accessories sectors with the possibility of subsequent extension to the other departments consistent with IUAD’s educational offering and providing specialized training and education in the field of design, fashion, and related disciplines through a structured program. This strategic tie-up is expected to leverage the academic expertise of Accademia IUAD and the business capabilities of the company to promote skill development and professional opportunities in the sector.
Kothari Industrial Corporation is mainly engaged in manufacturing and trading of fertilizers.
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