Kilburn Engineering's stock is witnessing an upward trend, currently trading at Rs. 482.80, marking a 0.60% increase (2.90 points) from its previous close of Rs. 479.90 on the BSE.

The stock opened at Rs. 492.00, reaching a peak of Rs. 495.00 and a low of Rs. 475.00. With 187,240 shares traded so far, Kilburn Engineering has shown significant market activity. The company's stock, part of the BSE group 'B', with a face value of Rs. 10, recently touched a 52-week high of Rs. 500.05 on August 21, 2024, while the 52-week low stood at Rs. 149.00 on August 28, 2023. Over the past week, the scrip fluctuated between Rs. 500.05 and Rs. 422.15. The company's market capitalization is currently Rs. 2,074.58 crore.

Promoters hold 50.11% of the company's shares, while institutions hold 0.35% and non-institutional investors account for 49.54%.

Kilburn Engineering has announced its intention to acquire Monga Strayfield, a global leader in radio frequency drying and heating technology, for a total consideration of up to Rs. 123 crore, subject to adjustments based on due diligence findings and final terms in definitive agreements. This acquisition is expected to enhance Kilburn's technological portfolio and broaden its market presence across sectors like textiles and packaged foods. Monga Strayfield’s expertise in sheet metal fabrication will further strengthen Kilburn’s position in international markets by adding a new vertical to its operations.

Kilburn Engineering specializes in process design, engineering, manufacturing, and the installation of systems for various industrial plants.