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Kirloskar Ferrous Industries shines on completing acquisition of pig iron plant of VSL Steels

24 Dec 2020 Evaluate

Kirloskar Ferrous Industries is currently trading at Rs. 139.35, up by 3.30 points or 2.43% from its previous closing of Rs. 136.05 on the BSE.

The scrip opened at Rs. 139.00 and has touched a high and low of Rs. 139.35 and Rs. 138.25 respectively. So far 4790 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 149.50 on 11-Dec-2020 and a 52 week low of Rs. 37.20 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 143.10 and Rs. 118.25 respectively. The current market cap of the company is Rs. 1877.79 crore.

The promoters holding in the company stood at 59.26%, while Institutions and Non-Institutions held 14.08% and 26.65% respectively.

Kirloskar Ferrous Industries has completed the acquisition of movable and immovable assets relating to the pig iron plant of VSL Steels (the Seller) situated at Paramenahally Village, Hiriyur, Chitradurga District, Karnataka. The company is in process to renovate those assets and to obtain necessary approvals / permissions / licenses from statutory / government authorities for commencement of operations.

Kirloskar Ferrous Industries (KFIL) was formed with the intention of transforming the high quality Pig Iron and Grey Iron casting industry. With a parent company that possesses a rich 130year manufacturing and engineering legacy, KFIL has been built on a solid foundation of innovation and customer centricity.

Kirloskar Ferrous Share Price

436.15 3.40 (0.79%)
22-Apr-2026 11:49 View Price Chart
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