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Kinetic Engineering jumps after relaunching Kinetic DX EV scooter

News by Aliceblue News Desk

29 Jul 2025

Kinetic Engineering jumps after relaunching Kinetic DX EV scooter

Introduction:

Leading electric mobility firm has re-entered the two-wheeler market with the launch of an all-new electric scooter, blending a classic design with modern features, smart technology, and advanced telematics in two distinct variants.

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Share price movement of Kinetic Engineering:

On July 29, 2025, Kinetic Engineering Ltd opened at ₹339.00, up 0.19% from its previous close of ₹338.35. The stock touched a high of ₹351.40 (3.86%) and a low of ₹333.00. By 3:09 PM, it was trading at ₹343.00, a 1.37% increase, with a full market cap of ₹803.00 crore.

Kinetic Engineering Relaunches Iconic DX Scooter in EV Avatar:

Kinetic Engineering Ltd has announced its re-entry into the two-wheeler market with the launch of the all-new Kinetic DX EV through its EV arm, Kinetic Watts and Volts Ltd. The new model revives the iconic DX scooter in a modern electric version, retaining its classic design with upgraded technology and features.

The Kinetic DX EV comes in two variants – DX and DX+ with prices starting at ₹1,11,499. Key features include a 2.6 kWh LFP battery, reverse and hill hold functions, 37-litre under-seat storage, keyless operation, and a patented retractable charging cable on the DX+.

Recent news on Kinetic Engineering:

As of January 23, 2025, Kinetic Engineering Ltd received a ₹177 crore promoter investment to support its ₹1,000 crore revenue target by 2029 and raise promoter stake to 70% by 2027.

Ace investor holding in Kinetic Engineering:

Harsha Hitesh Javeri 

Harsha Hitesh Javeri holds a 1.73% stake in Kinetic Engineering Ltd, owning 405,000 shares valued at ₹13.9 crore, highlighting significant individual investment in the automotive components manufacturing company.

Stock performance of Kinetic Engineering for Period of 1 week, 6 months, and 1 year:

Kinetic Engineering Ltd delivered a -3.41% return over the past week, gained 56.4% in the past six months, and rose 79.4% over the past year.

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Shareholding pattern of Kinetic Engineering:

ParticularsJun 2025Mar 2025Dec 2024
Promoter62%62%59%
FII4.70%5.70%7.10%
DII0.00%0.00%0.00%
Public33.80%32.80%33.50%

About Kinetic Engineering:

Kinetic Engineering Ltd (BSE: 500240), established in 1970, is the flagship company of the Firodia Group, manufacturing automotive components like shafts, gearbox assemblies, and transmission gears for various vehicle applications.

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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.

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