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Kiri Industries advances on expecting 25-30 percent revenue growth in FY17

15 Jun 2016 Evaluate

Kiri Industries is currently trading at Rs. 373.35, up by 16.05 points or 4.49% from its previous closing of Rs. 357.30 on the BSE.

The scrip opened at Rs. 368.00 and has touched a high and low of Rs. 389.50 and Rs. 358.00 respectively. So far 5,78,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 389.50 on 15-Jun-2016 and a 52 week low of Rs. 72.10 on 11-Feb-2016.

Last one week high and low of the scrip stood at Rs. 389.50 and Rs. 227.45 respectively. The current market cap of the company is Rs. 1,039.55 crore.

The promoters holding in the company stood at 34.64%, while Institutions and Non-Institutions held 26.79% and 38.57% respectively.

Kiri Industries is expecting its revenue to grow by 25-30 percent to around Rs 1,300 crore in FY17 and about Rs 1,500-1,600 crore in FY18. The company’s topline saw a double-digit growth in FY16. The company derives fifty percent of its sales from exports where Asia contributes a major chunk.

Kiri Industries is one of the largest manufacturer and exporter of wide range of Dyes, Intermediates and Basic Chemicals from India.



Kiri Industries Share Price

424.00 22.60 (5.63%)
15-Apr-2026 10:42 View Price Chart
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