17 Mar 2025

Kranti Industries Stock Rises; Secures New Export Order from Canada

Kranti Industries is currently trading at RS 101.90, marking an increase of 2.10 points or 2.10% from its previous close of RS 99.80 on the BSE.

The stock opened at RS 99.80 and recorded a high of RS 103.40 and a low of RS 99.00. A total of 3,589 shares have been traded so far.

The BSE group 'T' stock, with a face value of RS 10, reached a 52-week high of RS 110.00 on December 27, 2024, and a 52-week low of RS 59.00 on October 28, 2024. Over the past week, the stock has fluctuated between RS 103.89 and RS 96.00. The company's current market capitalization stands at RS 123.85 crore.

Promoters hold a 69.18% stake in the company, while non-institutional investors own 30.82%.

Kranti Industries has secured a new export part development order, along with a purchase order, from Canadian company CGL Manufacturing Inc. (Arrow Machine and Fabrication Group). The order, valued at approximately $49,718.00, involves the development and supply of new industrial machinery parts (Alternator Housing) and is set for execution by June 30, 2025.

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