Kirloskar Ferrous shares soar 14%, hit 52-week high on export order win
Kirloskar Ferrous Industries has received a contract valued at approximately $13.51 million from a buyer based in London, United Kingdom.
 "Kirloskar Ferrous shares soar 14%, hit 52-week high on export order win")
Kirloskar Ferrous share price today: Shares of Kirloskar Ferrous Industries traded higher on Thursday, June 18, 2026, as the company secured an export order worth $13.51 million for the supply of pig iron.
Following the announcement, the stock advanced on the exchanges and touched a 52-week high of ₹508.45, up 14.4 per cent, on the NSE. The counter has also rebounded 24 per cent from its 52-week low of ₹408 per share recorded on June 11, 2026.
During intraday trade at around 1:12 pm, the stock was changing hands at ₹483.45 per share, up 8.8 per cent. At the same time, the benchmark Nifty 50 was trading 0.15 per cent higher.
So far in the session, a total of nearly 5.5 million equity shares of Kirloskar Ferrous Industries traded on both the bourses, the NSE and BSE. At the prevailing market price, the company’s market capitalisation stood at ₹ 8,091.06 crore on the NSE. Check - TOP GAINERS NSE | TOP LOSERS NSE
Order details
The company informed exchanges that it has received a contract valued at approximately $13.51 million from a buyer based in London, United Kingdom. The order is for the supply of 30,000 metric tonnes (±5 per cent) of basic grade pig iron, to be delivered on a free-on-board (FOB) basis against a letter of credit payable at sight. Shipment is scheduled to be completed by August 15, 2026, subject to contractual terms related to shipping and trade.
Corporate updates
In a separate exchange filing dated June 12, 2026, the company’s Board of Directors recommended a final dividend of ₹3 per equity share of ₹5 each (60%) for the financial year 2025–26, subject to shareholder approval at the upcoming annual general meeting.
The board also approved the allotment of 17,841 equity shares of ₹5 each under the company’s employee stock option scheme. Following this allotment, the issued, subscribed, and paid-up share capital of the company increased to ₹82,49,61,920, comprising 16,49,92,384 equity shares of ₹5 each.