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Krypton Industries inches up on receiving nod for proposed scheme of amalgamation

21 Nov 2011 Evaluate

Krypton Industries is currently trading at Rs 14.11, up by 0.11 points or 0.79% from its previous closing of Rs. 14.00 on the BSE.

The scrip after opening at Rs 14.11 went flat after 100 shares were traded on the counter.

 The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 23.63 on 26-Nov-2010 and a 52 week low of Rs 12.35 on 09-Aug-2011.

Last one week high and low of the scrip stood at Rs 17.10 and Rs 14.00 respectively. The current market cap of the company is Rs 16.26 crore.

The promoters holding in the company stood at 23.53% while Institutions and Non-Institutions held 0.06% and 76.40% respectively.

Krypton Industries has received an approval for proposed scheme of amalgamation of Eco Wheels, a subsidiary company, Krypton Tyres and Barons Polymers with the company. The board at its meeting held on November 19, 2011 has given in-principle approval for the same.

Krypton Industries produces multi-cellular polyurethane tubeless cycle tires with technical knowhow obtained from Poly Air Tires of Canada. It has been manufacturing various OEM components and spare parts for the Rehab Care, Industrial segment and Bicycle Industry.

Krypton Industries Share Price

35.75 -1.85 (-4.92%)
11-May-2026 12:47 View Price Chart
Peers
Company Name CMP
Grasim Industries 2996.70
DCM Shriram 1250.00
3M India 32130.00
Hindustan Foods 532.10
Balmer Lawrie & Co 195.60
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