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Kirloskar Electric soars on bagging order worth Rs 9 crore from Indian Railways

20 May 2013 Evaluate

Kirloskar Electric Company is currently trading at Rs. 25.35, up by 2.10 points or 9.03% from its previous closing of Rs. 23.25 on the BSE.

The scrip opened at Rs. 23.15 and has touched a high and low of Rs. 25.80 and Rs. 23.15 respectively. So far 12,739 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 33.00 on 06-Jul-2012 and a 52 week low of Rs. 16.90 on 28-Mar-2013.

Last one week high and low of the scrip stood at Rs. 25.50 and Rs. 20.70 respectively. The current market cap of the company is Rs. 128.00 crore.

The promoters holding in the company stood at 49.29% while Institutions and Non-Institutions held 8.08% and 42.63% respectively.

Kirloskar Electric Company has received a prestigious order for supply of 34 Nos, 500kVA, 750 Volts DG Sets worth Rs 9 crores from Indian Railways for execution on a turnkey basis for design, manufacture, supply, installation & Commissioning in power cars of Rajdhani/Shatabdi trains. The DG sets supply power to the Air conditioners, lighting in the coaches as well as hotel loads in the pantry power car of the train, the Company has been a preferred supplier of such special systems with best track record and has supplied more than 200 numbers in the last 4 years.

Kirloskar Electric Company has established itself as one of the major players in the domestic electric equipment industry. Within the industry, the company is highly diversified and has product lines namely AC motors, DC motors, static equipment, switchgears, transformers and transmission lines catering to wide range of industries.

Kirloskar Electric Share Price

138.59 4.81 (3.60%)
17-Apr-2026 16:59 View Price Chart
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