17 Apr 2025

Kanoria Chemicals Shares Jump Over 3%; Subsidiary Expands Global Presence with New Incorporations

Kanoria Chemicals & Industries is trading at RS. 88.57, up by 3.26 points or 3.82% from its previous close of RS. 85.31 on the BSE.

The stock opened at RS. 84.55 and hit an intraday high and low of RS. 88.57 and RS. 84.55 respectively. So far, 795 shares have been exchanged on the counter.

This BSE group 'B' stock, with a face value of RS. 5, touched its 52-week high of RS. 177.50 on September 16, 2024, and a 52-week low of RS. 73.77 on March 28, 2025. Over the past week, the stock traded between RS. 88.57 and RS. 83.00. The company's current market capitalization stands at RS. 371.39 crore.

Promoters hold a 74.40% stake in the company, while institutional and non-institutional investors hold 0.12% and 25.48% respectively.

In a strategic global expansion, Kanoria Chemicals & Industries’ step-down subsidiary, CoSyst Control Systems GmbH, has incorporated two wholly-owned subsidiaries — Adapt Control Systems GmbH in Germany and Adapt Control Systems Inc. in Canada. These new entities will focus on the development and production of electronic devices.

Kanoria Chemicals & Industries (KCI) is a leading Indian manufacturer of chemical intermediates, with diversified interests in automotive and industrial electronics, renewable energy, and textiles.