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Kanishk Aluminium India jumps on getting nod to incorporate subsidiary company

28 Aug 2026 Evaluate

Kanishk Aluminium India is currently trading at Rs. 25.00, up by 0.63 points or 2.59% from its previous closing of Rs. 24.37 on the BSE.

The scrip opened at Rs. 25.00 and has touched a high and low of Rs. 25.00 and Rs. 25.00 respectively. So far 6400 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.40 on 04-Feb-2026 and a 52 week low of Rs. 22.96 on 02-Apr-2026.

Last one week high and low of the scrip stood at Rs. 25.00 and Rs. 23.52 respectively. The current market cap of the company is Rs. 33.60 crore.

The promoters holding in the company stood at 70.24%, while Non-Institutions held 29.76% stake in the company.

Kanishk Aluminium India has secured approval to incorporate a subsidiary of the company under the name ‘Falcon Global Business’ or any other such name as may be approved by the Central Registration Centre, Ministry of Corporate Affairs. The board of directors of the company at its meeting held on August 27, 2026 has approved the same. 

The proposed entity will be primarily engaged in the trading of electronic and IT equipment, including desktops, laptops and related equipment, along with trading of metal.  The company has proposed to invest up to Rs 25 lakh in one or more tranches in the proposed subsidiary and will hold 70% stake in the subsidiary.

Kanishk Aluminium India is engaged in manufacturing of Aluminium Profiles and other articles through Extrusion process.

Kanishk Aluminium Share Price

23.75 0.00 (0.00%)
01-Sep-2026 16:00 View Price Chart
Peers
Company Name CMP
National Aluminium 370.75
Maan Aluminium 119.95
Arfin India 85.30
Manaksia Aluminium 38.29
PG Foils 213.60
View more..

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