Kranti Industries gains on securing purchase order from Bonfiglioli Transmission
Kranti Industries is currently trading at Rs. 99.00, up by 1.77 points or 1.82% from its previous closing of Rs. 97.23 on the BSE.
The scrip opened at Rs. 98.99 and has touched a high and low of Rs. 100.00 and Rs. 98.50 respectively. So far 1567 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 110.00 on 27-Dec-2024 and a 52 week low of Rs. 59.00 on 28-Oct-2024.
Last one week high and low of the scrip stood at Rs. 104.40 and Rs. 95.00 respectively. The current market cap of the company is Rs. 123.23 crore.
The promoters holding in the company stood at 69.18%, while Non-Institutions held 30.82% stake in the company.
Kranti Industries has received purchase order on April 08, 2025 from a new customer named as ‘Bonfiglioli Transmission’ which empowers the Company to enter into new product segment for the development of Industrial Machine Parts (Heavy Duty Gearbox). The expected annual business is valued at around Rs 6.84 crore.
Kranti Industries is engaged in the business of manufacturing and supplying of precision machined components. With an operating history of more than two decades, it is primarily known for range of automotive component and non-automotive (off highway) components.
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