Kirloskar Industries has reportedly bought 12.10 lakh shares or 0.84% stake of Kirloskar Oil Engines through the open market route. The shares were purchased on an average price of Rs 163.46 valuing the transaction to Rs 19.93 crore.
Kirloskar Oil Engines manufactures the widest range of diesel engines in India. Its other product range includes irrigation pump sets, diesel generating sets and engine bearings.