Kirloskar Ferrous Industries starts operation of one furnace

21 Nov 2011 Evaluate

Kirloskar Ferrous Industries (KFIL) has 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.

Earlier, the company had received an approval to install new high pressure moulding line at existing plant premises of the company at Koppal, Karnataka. The company had received an approval at its board meeting held on July 22, 2011.

KFIL, 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.

Kirloskar Ferrous Share Price

326.95 1.05 (0.32%)
08-Dec-2022 18:01 View Price Chart
Peers
Company Name CMP
Electrost Castings 39.60
Kirloskar Ferrous 326.95
Man Industries 81.60
Alicon Castalloy 1002.95
Nelcast 102.65
View more..