Mumbai, September 8 (Kiran News). Shares of Krystal Integrated Services surged nearly 4% on Monday after the company announced the incorporation of a new wholly owned subsidiary in Maharashtra.
The stock was trading at ₹691.60, up ₹26.15 (3.93%) from its previous close of ₹665.45 on the BSE. It opened at ₹697.80 and touched an intraday high of ₹697.80 and a low of ₹668.60. A total of 897 shares were traded on the counter.
Krystal, a Group ‘B’ stock with a face value of ₹10, has a 52-week high of ₹844.40 (6 September 2024) and a 52-week low of ₹405.50 (7 April 2025). The company’s current market capitalisation stands at ₹942.83 crore.
Promoters hold 69.96% in the company, while institutional investors own 6.06% and non-institutional investors 23.98%.
The new subsidiary, Krystal Ports and Harbou, was incorporated on September 6, 2025, in Maharashtra. It will be engaged in the construction, operation, and maintenance of inland waterways, harbours, ports, jetties, docks, canals, embankments, barrages, terminals, shipyards, and ferry ghats.
Krystal said the move is part of its strategy to expand into new business opportunities by developing independent subsidiaries, aimed at strengthening operations, diversifying its portfolio, and reducing risks in its existing business segments.
Krystal Integrated Services is a leading facilities management services company, catering to sectors including healthcare, education, public administration, airports, railways, metro infrastructure, and retail.
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.