Kaiser Corporation has hit its upper circuit, currently trading at RS. 8.16, up by 0.38 points or 4.88% from its previous close of RS. 7.78 on the BSE.

The stock opened at RS. 8.07 and has touched an intraday high and low of RS. 8.16 and RS. 8.02, respectively. So far, 10,70,275 shares have been traded on the counter.

The BSE group 'X' stock with a face value of RS. 1 has recorded a 52-week high of RS. 10.65 on June 26, 2024, and a 52-week low of RS. 4.03 on March 5, 2025. In the past week, the stock’s high and low stood at RS. 8.20 and RS. 7.30, respectively. The current market capitalization of the company is RS. 42.89 crore.

As per the shareholding pattern, promoters hold 59.52%, while non-institutions own 40.48% stake in the company.

In a key development, Kaiser Corporation’s subsidiary, Xicon International, has signed a Memorandum of Understanding (MoU) with Korea EHT. Under this MoU, both companies will explore Engineering, Procurement, and Construction (EPC) business opportunities in India and international markets. They also plan to collaborate in manufacturing to reduce costs and increase joint market share.

Korea EHT, established in 1989, is a leading global manufacturer of Electric Heat Tracing (EHT) cables with a strong presence in the Middle East, Africa, Europe, and the USA. The company is now aiming to expand into the Indian market.

Kaiser Corporation (KCL) operates in the printing sector, producing labels, stationery, magazines, and cartons. Through its subsidiaries, KCL has diversified into engineering goods, electric and mechanical heat tracing, and turnkey project solutions.