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Kirloskar Ferrous gains as board to mull fund raising

Capital Market 

Kirloskar Ferrous Industries rose 1.96% to Rs 224 after the company said its board will consider fund raising options on 25 November 2021.

Net profit of Kirloskar Ferrous Industries rose 82.93% to Rs 119.91 crore on 97.10% rise in net sales to Rs 958.38 crore in Q2 September 2021 over Q2 September 2020.

Kirloskar Ferrous Industries is a leading pig iron manufacturer in India and producer of grey iron castings.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, November 23 2021. 09:43 IST