Kirloskar group shares hit 52-wk highs; KOEL, KPCL up over 50% in 6 months

In the past six months, KOEL (up 131 per cent), KPCL (53 per cent) and Kirloskar Industries (45 per cent) zoomed over 40 per cent, as against 14 per cent rise in the benchmark index

Shares of Kirloskar Group companies surged up to 7 per cent to hit their respective 52-week highs in Thursday’s intra-day trade, in an otherwise range-bound market.

Among individual stocks, shares of Kirloskar Oil Engines (KOEL) rallied 7 per cent to Rs 343.65 apiece and soared 20 per cent in the past four trading days. Shares of Kirloskar Pneumatic Company (KPCL), too, surged 7 per cent to Rs 635.45 apiece on Thursday, thereby, gaining 14 per cent in four days.

Shares of Kirloskar Industries, meanwhile, was up 3 per cent to Rs 2,080 in Thursday's intra-day trade. In comparison,