Kirloskar Electric Company is currently trading at its upper limit of Rs. 10.80, up by 0.51 points or 4.96% from its previous closing of Rs. 10.29 on the BSE.
The scrip opened at Rs. 10.80 and has touched a high and low of Rs. 10.80 and Rs. 10.80 respectively. So far 1168 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 24.65 on 09-Jan-2019 and a 52 week low of Rs. 6.70 on 23-Aug-2019.
Last one week high and low of the scrip stood at Rs. 10.80 and Rs. 8.88 respectively. The current market cap of the company is Rs. 71.73 crore.
The promoters holding in the company stood at 49.50%, while Institutions and Non-Institutions held 5.97% and 44.53% respectively.
Kirloskar Electric Company’s wholly owned subsidiaries -- KELBUZZ Trading and SLPKG Estate Holdings have sold properties at Mysore. KELBUZZ Trading has sold immoveable property situated at Belavadi Industrial Area, Yelawala Hobli, Mysore, admeasuring 45,348.28 sq. meters to Ramavi Manufacturing. The company also sold immoveable property situated at Belavadi Industrial Area, Yelawala Hobli, Mysore, admeasuring 5,984 Sq. meters to Sanram Infrabuild.
SLPKG Estate Holdings has sold immoveable property situated at Belavadi Industrial Area, Yelawala Hobli, Mysore, admeasuring 42,195.04 sq. meters to Ramavi Manufacturing and immoveable property situated at Belavadi Industrial Area, Yelawala Hobli, Mysore, admeasuring 7152.70 sq. meters to Sanram Infrabuild.
Kirloskar Electric Company (KEC) is one of the India’s leading manufacturers of electrical and power equipment. The company was established in 1946 by Ravi L Kirloskar.
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