The Hindu Business Line : Kirloskar Elec gains on revamp talk

Kirloskar Electric Company Ltd counter is attracting huge volumes, following market buzz on restructuring by the company, dealers said. The Mysore-based company, which is into electric equipment manufacturing, is also expected to do well in terms of revenues in coming quarters, they said. The company's share prices rose by about 6 per cent on the BSE to touch Rs 133.85, compared to Wednesday's close of Rs 126.35. It has shot up by 33.38 per cent over the last one-week from last Thursday's (March 2) close of Rs 100.35. Over 30.80 lakh shares were traded on Thursday, compared to the two-week average volume of 1.38 lakh shares.

Rajesh Abraham

More Stories on : Stock Markets | Ear to the ground | Electrical Goods

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Benchmark MF lines up inverse index fund

Cement scrips zoom

Volatile movement

BSE ties up with AppLabs for testing services

Kirloskar Elec gains on revamp talk

Strong orders lift Emco scrip

Alstom charges up investors' fancy

Temasek portfolio at S$103 b

`Even the man on the street has focused too much on equity'

Tea sector continues its losing streak

Adhunik Metaliks price band at Rs 37-42

JHS Svendgaard looking to acquire brand