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Kirloskar Brothers gains on inking partnership pact with Tata Power

10 Jan 2014 Evaluate

Kirloskar Brothers is currently trading at Rs. 158.85, up by 2.85 points or 1.83% from its previous closing of Rs. 156.00 on the BSE.

The scrip opened at Rs. 155.00 and has touched a high and low of Rs. 158.85 and Rs. 155.00 respectively.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 179.30 on 11-Jan-2013 and a 52 week low of Rs. 135.00 on 09-Oct-2013.

Last one week high and low of the scrip stood at Rs. 159.90 and Rs. 154.05 respectively. The current market cap of the company is Rs. 1,260 crore.

The promoters holding in the company stood at 63.30% while Institutions and Non-Institutions held 17.46% and 19.24% respectively. Kirloskar Brothers (KBL), leading global fluid management company has entered into partnership pact with Tata Power and installed the world’s largest water pumping system for Tata Power’s Mundra Ultra Modern Power Plant (UMPP).

A mammoth 10.5 million litres of water is circulated with the help of KBL’s 10 sets of Concrete Volute Pumps every minute. The Coastal Gujarat Power Limited (CGPL), Tata Power’s wholly-owned subsidiary, which has implemented the 4000 MW (800 MW x 5 units) UMPP requires an enormous amount of water to condense the heat generated in the production of power.

Kirloskar Brothers is engaged in manufacturing pumps. It is a part of $2.2 billion Kirloskar group and India’s largest manufacturer and exporter of pumps and valves. 

Kirloskar Brothers Share Price

1764.10 25.60 (1.47%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1764.10
KSB 966.60
Shakti Pumps (I) 573.95
Elgi Equipments 549.00
Kirloskar Pneumatic 1264.85
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