Mumbai, December 9 (Udaipur Kiran): Shares of Kranti Industries Ltd were trading higher on the BSE on Tuesday after the company secured fresh defence orders worth Rs 87.13 lakh. The stock was trading at Rs 86.37, up by 0.44 points or 0.51 per cent from its previous close of Rs 85.93.
The scrip opened at Rs 89.80 and touched an intraday high of Rs 89.80 and a low of Rs 84.00. A total of 1,064 shares were traded on the counter during the session.
The BSE Group ‘B’ stock, with a face value of Rs 10, had touched a 52-week high of Rs 119.79 on May 19, 2025, and a 52-week low of Rs 68.06 on December 18, 2024. Over the last one week, the stock moved between a high of Rs 90.00 and a low of Rs 81.10. The company’s current market capitalisation stands at Rs 110.21 crore.
Promoter holding in the company stands at 61.94 per cent, while non-institutional investors hold 38.06 per cent stake.
Kranti Industries has secured orders aggregating to Rs 87.13 lakh from Armoured Vehicles Nigam – Machine Tool Prototype Factory (AVNL–MTPF), a Government of India Defence Public Sector Undertaking. Out of the total, the company secured its first order worth Rs 47.00 lakh for 12 units of precision machining components.
In addition, another order worth Rs 40.13 lakh has been received for 8 units of precision machining components. Both orders are to be executed within three months.
Kranti Industries is engaged in the manufacturing and supply of precision machined components and has an operating history of over two decades, serving both automotive and non-automotive component segments.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
