Kirloskar Oil Engines profits on aiming to make investments Rs 150 crore in capex in the course of FY20 by admin- Thursday, February 14th, 2019 04:06:59 PM
Kirloskar Oil Engines is currently buying and selling at Rs. 162.Sixty five, up by way of zero.95 factors or zero.59% from its preceding closing of Rs. 161.70 at the BSE.
The scrip opened at Rs. 162.00 and has touched a excessive and coffee of Rs. 166.55 and Rs. 162.00 respectively. So a long way 21 shares have been traded on the counter.
The BSE institution ‘A’ stock of face cost Rs. 2 has touched a 52 week excessive of Rs. 391.Seventy five on 15-Feb-2018 and a fifty two week low of Rs. A hundred and sixty.00 on thirteen-Feb-2019.
Last one week high and low of the scrip stood at Rs. 172.00 and Rs. A hundred and sixty.00 respectively. The cutting-edge market cap of the agency is Rs. 2408.54 crore.
The promoters retaining in the organisation stood at 59.34%, whilst Institutions and Non-Institutions held 23.Seventy one% and 16.95% respectively.
Kirloskar Oil Engines (KOEL) is aiming to infuse Rs 150 crore in capex for the duration of the next monetary yr to meet the new emission norms for commercial engines business. The employer’s capex for the modern fiscal is Rs 110 crore in various initiatives.