Penny stock under Rs 100 jumps after receiving a sample order of USD 9,763 with an annual potential order of USD 438,600 from Ingersoll-Rand Industrial US, Inc

Kranti Industries Limited has secured a new purchase order from Ingersoll-Rand Industrial U.S., Inc., an international entity. This initial sample order is valued at USD 9,763 for the manufacturing and supply of ten different housing components. The company anticipates an annual business potential of approximately USD 438,600 from this collaboration. The current sample order is expected to be executed on or before March 31, 2026. This development, communicated earlier on July 24, 2025, highlights Kranti Industries' expanding reach in the global market for manufacturing parts.

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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 100 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 Wednesday, shares of Kranti Industries Ltd jumped 7.73 per cent to Rs 90.79 per share from its previous closing of Rs 84.25 per share. The stock is up over 50 per cent from its 52-week low of Rs 59 per share.

Disclaimer: The article is for informational purposes only and not investment advice.