Auto ancillary stock jumps 3.5% after receiving order worth ₹6.8 Cr from Bonfiglioli TransmissionAuto ancillary stock jumps 3.5% after receiving order worth ₹6.8 Cr from Bonfiglioli Transmission

Introduction:

Leading auto ancillary company has received a purchase order worth ₹6.84 crore for developing heavy-duty gearbox components, marking its entry into a new industrial machine parts segment with a domestic client.

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Share price movement of Kranti Industries:

On April 9, 2025, Kranti Industries Ltd opened at ₹98.99, up 1.81% from its previous close of ₹97.23. The stock hit a high of ₹100.90 (3.77%) and a low of ₹98.00. By 4:00 PM, it traded at ₹98.00, reflecting a 0.79% increase, with a market cap of ₹122.60 crore.

Kranti Industries Receives Order from Bonfiglioli Transmission:

Kranti Industries Limited has received a sample purchase order from Bonfiglioli Transmission Private Limited, dated April 8, 2025. The order is for the development of industrial machine parts, specifically heavy-duty gearboxes.

The order was placed by a domestic entity and marks Kranti Industries’ entry into a new product segment. As per the disclosure, this is a sample order with execution timelines aligned to the proposed purchase order terms.

The expected annual business from this engagement is valued at approximately ₹6.84 crore. The company clarified that there is no promoter or related party interest involved in this transaction.

Recent news on Kranti Industries:

As of March 17, 2025, Kranti Industries Ltd received an export order from Canada’s CGL Manufacturing Inc. for alternator housing parts worth $49,718, to be delivered by June 30, 2025.

Stock performance of Kranti Industries for Period of 1 week, 6 months, and 1 year:

Kranti Industries Ltd delivered a -2.28% return over the past week. It gained 42.3% in the past six months. The stock recorded a 27.8% rise over the past year.

Also Read: Infra stock under ₹15  jumps 8% after receiving order worth ₹324 Cr from NHAI

Shareholding pattern of Kranti Industries:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	69.20%	69.10%	69.10%
FII	0%	0%	0%
DII	0%	0%	0%
Public	30.80%	30.90%	30.90%

About Kranti Industries:

Kranti Industries Ltd (BSE: 542459) is a precision machining company catering to auto ancillary sectors, supplying critical machined components for transmissions, axles, engines, and EVs to both Indian and global automobile manufacturers.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.