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Kranti Industries: Stock jumps 5% after signing agreement with Kores group

Kranti Industries Limited has signed an MoU with Kores Group to establish Krako Precision Private Limited, a joint venture for machining critical casting components in Halol, Gujarat.

Introduction

Leading engineering and manufacturing firm has entered into an MoU with a renowned industrial group to establish a joint venture focused on machining critical casting components at a new facility in Halol, Gujarat.

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Share price movement of Kranti Industries

On October 6, 2025, Kranti Industries Limited opened at ₹85.50, up 2.87% from its previous close of ₹83.11. The stock touched a high of ₹87.47 (5.03%) and a low of ₹85.50. By 10:12 AM, it traded at ₹87.29, a 5.03% increase, with a market cap of ₹111.39 crore.

Kranti Industries Forms Joint Venture with Kores Group

Kranti Industries Limited has signed a Memorandum of Understanding with Kores Group to form a joint venture named Krako Precision Private Limited in Halol, Gujarat, on October 4, 2025.

The new entity will engage in machining of critical casting components. Kranti Industries will hold 35 percent, while Kores Group will hold 65 percent in the proposed joint venture company.

Directors Mr. Sachin Vora and Mr. Sumit Vora from Kranti Industries will join the new entity’s board. The manufacturing facility will be located at Halol, Gujarat.

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

Kranti Industries Ltd delivered a -2.24% return over the past week and declined by 15.8% in the past six months. The stock gained 29.8% over the past year.

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Shareholding pattern of Kranti Industries

ParticularsJun 2025Mar 2025Dec 2024
Promoter61.90%63.10%69.20%
FII0.00%0.00%0.00%
DII0.00%0.00%0.00%
Public38%36.90%30.80%

About Kranti Industries

Kranti Industries Ltd (BSE: 542459), incorporated in 2019, is a precision machining company supplying critical machined components to Indian and global automobile manufacturers, including electric vehicle parts for transmission, axles, chassis, and engines.

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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 Kranti Industries Ltd share price going up today?

A: Kranti Industries Ltd share price is rising after signing an MoU with Kores Group for a new joint venture.

Q: What does Kranti Industries Ltd specialize in?

A: Kranti Industries Ltd specializes in precision machining, supplying critical automotive components including parts for electric vehicles.

Q: What is the market capitalization of Kranti Industries Ltd?

A: The market capitalization of Kranti Industries Ltd is ₹111.39 crore as of October 6, 2025.

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