Kirloskar Brothers Ltd invests Rs. 7.50 crore in The Kolhapur Steel Ltd

Kirloskar Brothers Ltd has made an investment of Rs. 7.50 crores in the share capital of the Company's Subsidiary, namely, The Kolhapur Steel Limited, in the form of subscription to its 6% Non-Cumulative Convertible Preference Shares under preferential allotment.

Shares of KIRLOSKAR BROTHERS LTD. was last trading in BSE at Rs.107.05 as compared to the previous close of Rs. 106.85. The total number of shares traded during the day was 1899 in over 302 trades.

The stock hit an intraday high of Rs. 114.8 and intraday low of 105.95. The net turnover during the day was Rs. 204597.

Source : Equity Bulls

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