31 Jul 2024

Kranti Industries Rises After Securing Order from Kalyani Techno Forge

Kranti Industries is currently trading at Rs. 70.18, marking an increase of 0.45 points or 0.65% from its previous closing price of Rs. 69.73 on the BSE.

The stock opened at Rs. 72.84 and has reached a high of Rs. 72.84 and a low of Rs. 70.18. A total of 4,931 shares have been traded so far.

This BSE group 'B' stock, with a face value of Rs. 10, hit a 52-week high of Rs. 112.80 on August 11, 2023, and a 52-week low of Rs. 65.20 on May 13, 2024.

Over the past week, the stock's high and low stood at Rs. 70.84 and Rs. 66.01 respectively. The company's current market capitalization is Rs. 79.56 crore.

The promoters hold 69.10% of the company's shares, while non-institutional investors hold 30.90%.

Kranti Industries has secured a purchase order from Kalyani Techno Forge for job work services, valued at Rs. 13.60 lakh. Previously, the company received a business nomination letter and a purchase order from CNH Industrial (India) for the supply of F28 Balancer Box Development.

Kranti Industries specializes in manufacturing and supplying precision machined components, with over two decades of experience. It is well-known for its range of automotive and non-automotive (off-highway) components.