Kirloskar Ferrous Industries: A Look at Recent Performance
Kirloskar Ferrous Industries’ stock price has been moving up recently due to a major order. The company secured a large contract from ONGC, a big oil and gas company. This news has boosted investor confidence and caused the stock price to rise significantly.
Key Points
- ONGC awarded Kirloskar Ferrous Industries a ₹358 crore contract.
- Stock price increased by 3.35%, reaching ₹533.95 per share.
- Company’s gains include a 29.21% rise from its 52-week low.
- Stock is down ~21% from its peak reached in December 2025.
- Financial metrics show strong earning potential for the company.
- ONGC contract provides a solid foundation for future growth.
The specific order involves supplying regular EUE Tubing, Pup Joints, and Crossovers to ONGC. This contract is worth ₹358 crore, including taxes. This substantial order indicates strong demand for Kirloskar Ferrous Industries’ products.
Currently, the stock is trading at ₹533.95 per share. It’s up 3.35% from its previous closing price of ₹516.65. The overall market, as measured by the BSE Sensex, is also performing well, gaining 0.84%.
Over the past year, Kirloskar Ferrous Industries shares have increased by 29.21% since their lowest point of ₹423 per share on May 6, 2025. However, the stock is still about 21% lower than its highest level reached on December 9, 2025, at ₹699.5 per share.
Looking at the company’s financial details, it has a market capitalization of ₹8,785.53 crore. Key financial figures include a trailing twelve-month earnings per share (EPS) of 20.49 (standalone) and 19.39 (consolidated), a cash earnings per share (CEPS) of 35.53 (standalone) and 35.12 (consolidated), and a price-to-earnings (PE) ratio of 26.09 (standalone) and 27.57 (consolidated). These figures demonstrate the company’s financial strength.
“Strong demand from ONGC provides significant opportunities for expansion and future growth within the company.”
