Kranti Industries soars on receiving purchase orders from new customers
Kranti Industries is currently trading at Rs. 87.49, up by 2.91 points or 3.44% from its previous closing of Rs. 84.58 on the BSE.
The scrip opened at Rs. 83.65 and has touched a high and low of Rs. 88.40 and Rs. 83.65 respectively. So far 4123 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 119.79 on 19-May-2025 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. 94.84 and Rs. 77.99 respectively. The current market cap of the company is Rs. 111.02 crore.
The promoters holding in the company stood at 61.93%, while Non-Institutions held 38.07% in the company.
Kranti Industries has received two significant purchase orders from new customers, marking a strategic step in expanding both domestic and international markets.The company has received a domestic order from Pinnacle Mobility Solutions (EKA Mobility), an electric commercial vehicle manufacturer based in Pune, for the tooling cost of manufacturing and supply of machining parts valued at Rs 5,00,000. It has also received an international order from Ingersoll-Rand Industrial U.S., Inc., USA for manufacturing and supply of tooling parts for housing components, adding a new product to our portfolio, valued at approximately $2,21,000.
This development reinforces Kranti Industries’ commitment to delivering precision-engineered solutions to leading Original Equipment Manufacturers (OEMs) across automotive, electric mobility, and industrial sectors. The purchase order from EKA marks the company’s strategic entry into the three-wheeler segment, expanding its footprint in the electric mobility space. The combination of a domestic order from EKA Mobility and an international order from Ingersoll-Rand underlines Kranti’s ability to meet diverse customer needs across geographies while strengthening its position as a global supplier of high-quality machined components.
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.
