Penny stock under Rs 100 jumps 18.9 per cent after bagging orders from Ingersoll-Rand Industrial US, Inc & Pinnacle Mobility Solutions Pvt Ltd
DSIJ Intelligence-1 / 25 Jul 2025/ Categories: Penny Stocks, Trending
The stock is up over 60 per cent from its 52-week low of Rs 59 per share.
Kranti Industries Limited has secured significant new orders, bolstering its position in both the international and domestic markets. The first order, valued at approximately USD 2,21,000, comes from Ingersoll-Rand Industrial U.S., Inc., an international entity based in the United States. This contract involves the manufacturing and supply of tooling parts specifically for housing components, with a stipulated execution deadline of October 31, 2025. This international collaboration highlights Kranti Industries' expanding global footprint and its capability to meet the demands of diverse industrial clients.
In addition to its international success, Kranti Industries has also bagged a domestic order from Pinnacle Mobility Solutions Private Limited (Eka Mobility), an electric commercial vehicle manufacturer based in Pune. This order is for the tooling cost of manufacturing and supplying parts, with a value of approximately Rs 5,00,000 (Rupees Five Lakhs). This partnership with a local electric vehicle manufacturer underscores Kranti Industries' role in supporting the burgeoning domestic e-mobility sector and its ability to cater to specialised tooling requirements for advanced manufacturing.
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About the Company
Kranti Industries Limited (KIL), a BSE-listed company with over four decades of experience, is a globally recognised precision component manufacturer. Holding IATF 16949:2016 and ISO 9001:2015 certifications, KIL caters to leading OEMs in tractors, construction equipment, automotive, and electric vehicle sectors. With three advanced facilities in Pune equipped with 80 production machines and state-of-the-art machining centres, KIL provides end-to-end solutions, showcasing its expertise in crafting innovative components.
Talking about the financials, Kranti Industries has a market cap of over Rs 110 crore. According to the shareholding pattern, the promoters of the company own a 61.93 per cent stake in the company and the rest of the 38.07 per cent stake is owned by the public with a total of 3,167 shareholders as of June 2025.
On Friday, shares of Kranti Industries Ltd jumped 18.9 per cent to Rs 94.84 per share from its previous closing of Rs 79.78 per share. The stock is up over 60 per cent from its 52-week low of Rs 59 per share.
Disclaimer: The article is for informational purposes only and not investment advice.