Kirloskar Pneumatic Company Limited (KPCL), today formally inaugurated the new manufacturing facility at Nashik. This facility includes a 32 ton forge hammer to make High Speed Gear Blanks and a comprehensive fabrication facility to make base frames, pressure vessels and a range of heat exchangers.
The facility will primarily cater to the requirements of KPCL and help in enhancing the competitiveness through Value chain advantage as well as to speed up execution of projects. The facility will also earmark about 25% of its capacity to external customers.
In the first phase the plant can produce about 6000 tons of forged parts of sizes upto 1/2 a ton each a year. The plant also can fabricate complex parts upto 35 tons each.
The investment in the plant is in line with the company's aim to be a comprehensive and reliable supplier of Compression systems for Air, Refrigeration and Gas.
Shares of KIRLOSKAR PNEUMATIC CO.LTD. was last trading in BSE at Rs. 597.15 as compared to the previous close of Rs. 607.30. The total number of shares traded during the day was 22209 in over 1904 trades.
The stock hit an intraday high of Rs. 625.00 and intraday low of 586.15. The net turnover during the day was Rs. 13337083.00.