26 Sep 2025

Kothari Industrial Hits Upper Circuit at RS 527.40; Signs MoU with Italian Design University

Kothari Industrial Corporation is trading at its upper circuit limit of RS 527.40, up 10.30 points (1.99%) from the previous close of RS 517.10 on the BSE.

The stock opened at RS 527.40 and touched a high and low of RS 527.40, with 260 shares traded so far.

The BSE group ‘XT’ stock, with a face value of RS 5, recorded a 52-week high of RS 624.95 (09-Sep-2025) and a 52-week low of RS 26.56 (26-Sep-2024). Over the last week, it ranged between RS 527.40 and RS 497.10. The company’s current market capitalization stands at RS 5527.32 crore.

Promoter holding is 47.25%, while Institutions and Non-Institutions hold 2.49% and 50.25%, respectively.

On 24 September 2025, Kothari Industrial signed a Memorandum of Understanding (MoU) with Accademia IUAD, Italy, a reputed design university, to set up a Joint Venture in India. The plan aims to establish an international-standard training center in Tamil Nadu, initially focused on footwear and fashion accessories, with potential expansion to other design and fashion disciplines.

This strategic partnership combines IUAD’s academic expertise with Kothari’s business capabilities, promoting skill development and professional opportunities in the design and fashion sector.

Kothari Industrial Corporation primarily engages in manufacturing and trading of fertilizers.