Kranti Industries rises on securing purchase order from Kalyani Techno forge
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Kranti Industries is currently trading at Rs. 70.18, up by 0.45 points or 0.65% from its previous closing of Rs. 69.73 on the BSE.
The scrip opened at Rs. 72.84 and has touched a high and low of Rs. 72.84 and Rs. 70.18 respectively. So far 4931 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 112.80 on 11-Aug-2023 and a 52 week low of Rs. 65.20 on 13-May-2024.
Last one week high and low of the scrip stood at Rs. 70.84 and Rs. 66.01 respectively. The current market cap of the company is Rs. 79.56 crore.
The promoters holding in the company stood at 69.10%, while Non-Institutions held 30.90% in the company.
Kranti Industries has received purchase order from Kalyani Techno forge for Job work services. The broad consideration or size of the order is Rs 13.60 lakh.
Earlier, the company had received the business nomination letter along with a purchase order for supply of F28 Balancer Box Development from CNH Industrial (India).
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.
