Mukul Agrawal Gains Rs 9,14,00,000 In A Single Day As This Multibagger Small-Cap Stock Secures USD 13.51 Million International Order; Check Details
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Kirloskar Ferrous secured an international pig iron supply contract worth approximately USD 13.51 million, while ace investor Mukul Mahavir Agrawal's holding gained around Rs 9,14,00,000 in a single trading session as the stock surged over 10 per cent
✨ Key Takeaways
On Thursday, Indian equity benchmarks traded lower, with the benchmark Nifty 50 index declining 31.80 points, or 0.13 per cent, to 24,053.90. Despite the broader weakness, Kirloskar Ferrous Industries share price jumped 10.29 per cent to Rs 490.00, gaining Rs 45.70 during the trading session.
Trading activity remained strong, with 42.6 lakh shares changing hands during the session, significantly higher than the 20-day average volume of 2.98 lakh shares, reflecting robust investor participation in the stock.
KFIL Bags International Order Worth USD 13.51 Million
Kirloskar Ferrous Industries Limited announced that it has received a contract for the supply of pig iron from an international buyer based in London, UK. The contract involves the supply of around 30,000 MT of basic grade pig iron on an FOB basis against a Letter of Credit payable at sight. The contract value is approximately USD 13.51 million and the latest shipment is scheduled by August 15, 2026.
The company clarified that the order has been awarded by an international entity and does not involve any related-party transaction. Neither the promoter group nor group companies have any interest in the awarding entity.
Mukul Agrawal's Holding Gains Over Rs 9 Crore In A Day
Ace Investor Mukul Mahavir Agrawal held a 1.21 per cent stake in the company as of March 2026. Based on the disclosed holding of 20,00,000 shares, the value of his investment increased by approximately Rs 9,14,00,000 during Thursday's trading session as the stock gained Rs 45.70 per share.
The continued presence of the well-known investor highlights confidence in the company's long-term prospects and business fundamentals.
Also Read - Stock Below Rs 30: Mukul Agrawal Gains Rs 7,20,00,000 In Single Day; Order Book Stands At Rs 12,971 Crore
Kirloskar Ferrous Shareholding Pattern
As of Q4FY26, promoter shareholding stood at 50.80 per cent, while Foreign Institutional Investors (FIIs) held 1.78 per cent and Domestic Institutional Investors (DIIs) held 12.57 per cent. Mukul Mahavir Agrawal maintained his 1.21 per cent stake during the quarter.
The company's institutional ownership and stable promoter holding indicate continued investor interest in the stock.
About Kirloskar Ferrous
Kirloskar Ferrous Industries Ltd is one of India's leading manufacturers of pig iron and castings. The company serves various sectors including automotive, tractor, diesel engine, agriculture and industrial machinery industries.
Part of the renowned Kirloskar Group, the company has established a strong presence in the iron casting and pig iron segments through its integrated manufacturing facilities and long-standing customer relationships. It continues to expand its domestic and international footprint through exports and value-added product offerings.
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Disclaimer: The article is for informational purposes only and not investment advice.