Kirloskar Pneumatic Company rose 3.14% to Rs 952.10 at 12:02 IST on BSE after the company said its board will meet on 24 July 2018 to consider sub-division of equity shares.
The announcement was made on Saturday, 7 July 2018.Meanwhile, the S&P BSE Sensex was up 201.04 points, or 0.56% to 35,858.90.
On the BSE, 5,457 shares were traded in the counter so far compared with average daily volumes of 2960 shares in the past two weeks. The stock had hit a high of Rs 999.80 and a low of Rs 926 so far during the day. The stock hit a 52-week high of Rs 1,190 on 4 September 2017. The stock hit a 52-week low of Rs 724 on 26 March 2018.
Net profit of Kirloskar Pneumatic Company rose 168.55% to Rs 48.07 crore on 89.37% rise in net sales to Rs 308.71 crore in Q4 March 2018 over Q4 March 2017.
Kirloskar Pneumatic Company is engaged in the manufacture of compressors, gears and gear boxes. The company's segments include compression products and systems and transmission products.
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