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Kirloskar Ferrous: Stock jumps after receiving supply contract from ONGC

Kirloskar Ferrous Industries Limited received a domestic contract from ONGC for supply of EUE Tubing, Pup Joints, and Cross overs valued at around ₹358 crore.
How Much Revenue Does Kirloskar Group Make from Each of Its Businesses?

Introduction

Leading steel and ferrous company received a domestic contract from ONGC to supply EUE Tubing, Pup Joints, and Cross overs valued at ₹358 crore for one year.

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Also Read: Acutas Chemicals: Stock Jumps After Strong Q2FY26 Results

Share price movement of Kirloskar Ferrous

On October 23, 2025, Kirloskar Ferrous Industries Ltd opened at ₹529.90, up 2.57% from its previous close of ₹516.65. The stock reached a high of ₹546.60 (5.74%) and a low of ₹520.00. By 10:41 AM, it traded at ₹534.50, a 3.45% increase, with a market cap of ₹8,805.30 crore.

Kirloskar Ferrous Secures ONGC Supply Contract

Kirloskar Ferrous Industries Limited has received a contract from Oil and Natural Gas Corporation Limited (ONGC) dated October 21, 2025. The order covers supply of EUE Tubing, Pup Joints, and Cross overs.

The contract is domestic and will be executed from October 21, 2025, to October 20, 2026. Total order value is around ₹358 crore, including 12% Goods and Service Tax (GST).

Ace investor holding in Kirloskar Ferrous

Mukul Mahavir Agrawal holds a 1.21% stake in Kirloskar Ferrous Industries Ltd, owning 2,000,000 shares valued at ₹106.6 crore.

Stock performance of Kirloskar Ferrous for Period of 1 week, 6 months, and 1 year

Kirloskar Ferrous Industries Ltd delivered a 1.68% return over the past week, gained 11.5% in the past six months, and declined 18.7% over the past year.

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Also Read: L&T Tech Services: Stock jumps after 4% QoQ profit growth in Q2FY26

Shareholding pattern of Kirloskar Ferrous

ParticularsSep 2025Jun 2025Mar 2025
Promoter50.90%50.90%50.90%
FII1.90%1.90%1.90%
DII11.30%10.70%10.70%
Public36%37%36.50%

About Kirloskar Ferrous

Kirloskar Ferrous Industries Ltd (NSE: KIRLFER), part of the Pune-based Kirloskar Group, manufactures pig iron and ferrous castings for automobile, tractor, and diesel engine industries, serving as a leading domestic foundry-grade supplier.

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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.

FAQs

Q: Why is Kirloskar Ferrous Industries Limited share price going up today?

A: Kirloskar Ferrous Industries Limited share price rose after receiving a domestic contract from ONGC worth around ₹358 crore.

Q: How much stake does Mukul Mahavir Agrawal hold in Kirloskar Ferrous Industries Limited stock?

A: Mukul Mahavir Agrawal holds a 1.21% stake in Kirloskar Ferrous Industries Limited, owning 2,000,000 shares valued at ₹106.6 crore.

Q: What is the 52-week high and low of Kirloskar Ferrous Industries Limited stock?

A: Kirloskar Ferrous Industries Limited stock has a 52-week high of ₹699.75 and a 52-week low of ₹423.00.

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