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Knowledge Marine: Stock jumps after receiving approval to operate luxury cruise

KMEW has received approval from Madhya Pradesh Tourism Board to operate a 20-year luxury River Pearl Cruise, linking Kukshi, Omkareshwar, and the Statue of Unity.

Introduction

Leading maritime tourism company plans a luxury River Pearl Cruise linking Kukshi, Omkareshwar, and the Statue of Unity, offering eco-friendly operations, cultural experiences, fine dining, wellness, and scenic river voyages.

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Share price movement of Knowledge Marine

On October 15, 2025, Knowledge Marine & Engineering Works Ltd opened at ₹2,408.95, up 5.94% from its previous close of ₹2,274.70. The stock reached a high of ₹2,408.95 (5.94%) and a low of ₹2,266.40. By 3:29 PM, it traded at ₹2,322.00, a 2.08% increase, with a market cap of ₹2,507.99 crore.

KMEW to Launch Luxury Narmada Cruise

Knowledge Marine & Engineering Works Limited (KMEW) has received a Letter of Acceptance from Madhya Pradesh Tourism Board to operate a luxury cruise for 20 years between Kukshi and the Statue of Unity.

The River Pearl Cruise will span approximately 135 km, linking Omkareshwar and the Statue of Unity. It will offer a three-day itinerary featuring cultural workshops, temple visits, nature trails, and eco-tourism activities along the Narmada River.

The 70-meter twin-hull vessel will include 36 deluxe cabins, fine dining, spa, wellness center, and eco-friendly hybrid propulsion. KMEW plans to launch the cruise within 21 months, subject to agreement finalization.

Ace investor holding in Knowledge Marine

Ashish Kacholia holds a 2.78% stake in Knowledge Marine & Engineering Works Ltd, owning 3,00,000 shares valued at ₹69.6 crore.

Stock performance of Knowledge Marine for Period of 1 week, 6 months, and 1 year

Knowledge Marine & Engineering Works Ltd (KMEW) delivered a 0.84% return over the past week. The stock gained 53.8% in the past six months and 34.3% over the past year.

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Shareholding pattern of Knowledge Marine

ParticularsJun 2025Mar 2025Dec 2024
Promoter60.70%60.70%60.70%
FII0.50%0.60%0.80%
DII0.20%1.90%2.20%
Public38.70%36.80%36.30%

About Knowledge Marine

Knowledge Marine & Engineering Works Ltd (NSE: KMEW) provides marine engineering solutions, including dredging, ship repair, and hydrographic surveys. Established in 2015, it serves major Indian ports and government clients.

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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 Knowledge Marine & Engineering Works Ltd share price going up today?

A: Knowledge Marine & Engineering Works Ltd (KMEW) received an LoA from Madhya Pradesh Tourism Board to operate a luxury cruise linking Kukshi and the Statue of Unity.

Q: What does Knowledge Marine & Engineering Works Ltd specialize in?

A: Knowledge Marine & Engineering Works Ltd (KMEW) specializes in marine crafts, dredging, repair and maintenance of ships, marine infrastructure, and hydrographic survey services.

Q: How much stake does Ashish Kacholia hold in Knowledge Marine & Engineering Works Ltd stock?

A: Ashish Kacholia holds a 2.78% stake in Knowledge Marine & Engineering Works Ltd (KMEW), owning 3,00,000 shares valued at ₹69.6 crore.

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