Kirloskar Brothers is currently trading at Rs. 306.30, up by 10.65 points or 3.60% from its previous closing of Rs. 295.65 on the BSE.
The scrip opened at Rs. 296.95 and has touched a high and low of Rs. 311.70 and Rs. 295.00 respectively. So far 10476 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 330.00 on 04-Jul-2014 and a 52 week low of Rs. 135.00 on 09-Oct-2013.
Last one week high and low of the scrip stood at Rs. 326.75 and Rs. 269.10 respectively. The current market cap of the company is Rs. 2346.73 crore.
The promoters holding in the company stood at 63.35 % while Institutions and Non-Institutions held 17.85 % and 18.80 % respectively.
Kirloskar Brothers (KBL), a Pune-based centrifugal pumps and valves manufacturer, has signed a Memorandum of Understanding (MoU) with Peru’s National Water Authority in order to help the water authority in the management of water resources in Peru. With this, KBL is foraying into Latin American market to tap the business opportunities.
This will also help National Water Authority to manage the water resources required for mining activities in Peru.
Kirloskar Brothers is engaged in manufacturing pumps. It is a part of $2.2 billion Kirloskar group and India’s largest manufacturer and exporter of pumps and valves.
