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Kirloskar Brothers surges as its step-down subsidiary acquires 100% stake in SyncroFlo

06 Mar 2014 Evaluate

Kirloskar Brothers is currently trading at Rs. 145.50, up by 2.45 points or 1.71% from its previous closing of Rs. 143.05 on the BSE.

The scrip opened at Rs. 145.40 and has touched a high and low of Rs. 145.50 and Rs. 145.40 respectively.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 171.90 on 02-Dec-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. 147.00 and Rs. 141.00 respectively.

The promoters holding in the company stood at 63.31% while Institutions and Non-Institutions held 17.60% and 19.09% respectively.

Kirloskar Brothers’ step-down subsidiary - SPP Pumps LP, Georgia, USA has acquired 100% issued and outstanding capital of SyncroFlo INC, a Georgia Corporation. SPP Pumps LP is owned by SPP Pumps, UK, which is a step down subsidiary of the company.

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
View more..

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