579.9500 2.60 (0.45%)
BSE Jul 17, 2025 09:49 AM
Volume: 1,015
 

579.95
0.45%

Kirloskar Ferro

Centrum Broking
Kirloskar Ferrous (KFIL) won two key iron ore mining assets in the Karnataka auctions which is a long term positive event for the company given the 100% captive integration for pig iron business with good quality ore, close proximity of mines to KFIL plant, cost savings v/s open market purchase and improved efficiency due to better value in use. We remain positive on KFIL's prospects as it features i) increasing share of high-margin casting business which has spare capacity, ii) cost efficiencies from upcoming low-payback projects albeit slightly delayed, iii) an enviable track record of converting cash profits to cash flows...
Kirloskar Ferrous Industries Ltd. has gained 23.37% in the last 3 Months
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