Kirloskar Ferrous Industries is currently trading at Rs. 26.20, up by 0.05 points or 0.19% from its previous closing of Rs. 26.15 on the BSE.
The scrip opened at Rs. 26.10 and has touched a high and low of Rs. 26.35 and Rs. 25.40 respectively. So far 30853 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 31.45 on 25-Jul-2011 and a 52 week low of Rs. 19.20 on 21-Oct-2011.
Last one week high and low of the scrip stood at Rs. 28.00 and Rs. 23.55 respectively. The current market cap of the company is Rs. 357.00 crore.
The promoters holding in the company stood at 58.95% while Institutions and Non-Institutions held 7.55% and 33.50% respectively.
Kirloskar Ferrous Industries has commenced operations of the sinter plant with effect from January 01, 2012 and is under stabilization mode. The commencement is pursuant to the installation of sinter plant which has been completed at the works of the company at Koppal in Karnataka.
Last year, the company had started operations of one of the furnace with effect from November 19, 2011. With this, both the furnaces of the company are operating now. The furnace was shut down on account of non availability of iron ore.
Kirloskar Ferrous Industries a Kirloskar group company, manufactures pig iron and ferrous castings (foundry). It has a 360,000 tpa pig iron manufacturing plant and a 12 MW power plant in Hospet, Karnataka. Of the total pig iron manufactured, 10-12% is used in-house to manufacture castings, which are used by automobiles, tractors, diesel engines and locomotive industries. The company has two castings facilities - one each in Hospet and Solapur (Maharashtra) - with a combined annual capacity of 102,000 tonnes.
Company Name | CMP |
---|---|
Electrost Castings | 170.15 |
AIA Engineering | 3786.95 |
Kirloskar Ferrous | 562.55 |
Nelcast | 151.75 |
Alicon Castalloy | 849.00 |
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