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Kennametal India Share Price

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NSEBSE
Stock not traded

2435.85-4.60 (-0.19%)

12:00 AM,12th Apr 2024

BSE : 505890

NSE : KENNAMET

Sector : Engineering

ISIN Code : INE717A01029

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Last Updated: Apr 12 2024 | 12:00 AM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

10

52-WK High

3127.00

52-WK High Date

26 Sep 2023

52-WK Low

2113.90

52-WK Low Date

21 Apr 2023

All Time High

3127.00

All Time High Date

26 Sep 2023

All Time Low

43.00

All Time Low Date

24 Sep 2001

Kennametal India Ltd

Kennametal Widia India Ltd. (formerly known Widia India Ltd) was incorporated in September 21 1964. The Company is engaged in the business of manufacturing and trading of hard metal products and manufacturing of capital intensive machines along with fixtures and spares. The Company has its manufacturing facility in Bengaluru and sells product and services through sales and support offices.Kennametal Widia India Ltd.(formerly Widia India Ltd) promoted by Meturit Switzerland associates of the Fried Krupp Widia Fabrik unit of Krupp group Germany and Sak Industries Switzerland. The company's collaborator Meturit Switzerland holds 88.16% stake. In 1994 the company was taken over by Cincinnati Milacron US.The company's wholly owned subsidiary Widaroc (India) was merged with the company with effect from Jan'95.It has also introduced several new state of the art products. Some of them are new generation milling cutters new special solid carbide tools new generation coated inserts warming forging tools for bearing industry cold forgings dies for big auto components etc.During 2000-01 the company sub-divided its equity share face value of Rs.10/- each into 2 equity shares of Rs 5/- each and the company upgraded the Oil Well Rock Roller Bits.The company's Mining and Construction Tools business was sold for a cash consideration of Rs.64.9 crores to Sandvik Smith A.B/ its subsidiary with effective from 1 March 2004. In the year 2005 the name of the company was changed from Kennametal Widia India Ltd to Kennametal India Limited.During 2004-05 the company has installed the Hard metal and hard metal products with the capacity of 210 MT and the company expanded its installed the capacity of Special purpose machines including accessories by 50 Nos. The installed capacity of Special purpose machines including accessories has increased to 125 Nos.The name of the Company was changed from Kennametal Widia India Limited to Kennametal India Limited effective from December 23 2005.A regrinding center was established in FY11 at Jamshedpur through which the Company added two more regrinding centers at Pune and Gurgaon in FY12.Kennametal Inc. Promoter of the Company sold Equity Shares in March 2013 aggregating 2892333 of the face value of Rs 10 each through Offer For Sale (OFS) mechanism which consequently increased the public shareholding of the Company from 11.84% to 25% of the total paid up share capital of Company During the year 2020 the Company launched a range of new products as the INNOVATIONs for the Kennametal brand and ADVANCES for Widia brand. Products such as e-Bore (Digital Boring Solution) Mill 4 12 KT LH version & Slotting program High Performance SC Drills for Steel (HPX) and Cast Iron (HPR) Machining Solutions for Composites Milling products for Aero Structures PCD Milling and Reamers were included under the Kennametal brand. Under Widia brand products such as e-Bore (Digital Boring Solution) TDMX Shoulder milling platforms VSM11 & VSM17 new geometries introduced for Top Cut 4 drills New victory grade for CI turning WK15CT and 2 new grades for VSM890 High Performance Shoulder Milling Platform were introduced.The Board of Directors at its meeting held on December 4 2020 had approved a Scheme of Amalgamation for merger of its Wholly Owned Subsidiary WIDIA India Tooling Private Limited (WITPL) with the Company which became effective from the Appointed Date April 1 2021.

Kennametal India Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

5354

EPS - TTM (₹) [S]

34.72

P/E Ratio (X) [S]

7.33

Face Value (₹) 10
Latest Dividend (%)200.00
Latest Dividend Date 25 May 2023
Dividend Yield (%) 0.82
Book Value Share (₹) [S]332.41
P/B Ratio (₹) [S]7.33
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Nippon India Multi Cap Fund (G) 465.05 1954675 1.68
Nippon India Multi Cap Fund (IDCW) 465.05 1954675 1.68
Nippon India Multi Cap Fund (B) 465.05 1954675 1.68
Nippon India Multi Cap Fund - Direct (IDCW) 465.05 1954675 1.68
Nippon India Multi Cap Fund - Direct (B) 465.05 1954675 1.68
Nippon India Multi Cap Fund - Direct (G) 465.05 1954675 1.68
SBI Magnum Global Fund (IDCW) 101.45 426396 1.62
SBI Magnum Global Fund - Direct (IDCW) 101.45 426396 1.62
SBI Magnum Global Fund - Direct (G) 101.45 426396 1.62
SBI Magnum Global Fund (G) 101.45 426396 1.62

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Research Reports

Date BrokerActionPrices(Rs)Report
23-09-2022Edelweiss Research Buy 2685

Stock Strength

Today's Low/High

2415.10

2497.00

Week Low/High

2305.00

2497.00

Month Low/High

2256.30

2498.00

Year Low/High

2099.00

3112.00

All time Low/High

14.38

3112.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week0.08%%0.000.03%
1 Month4.50%%0.780.82%
3 Month-4.49%%2.312.85%
6 Month-7.16%-5.67%11.8013.77%
1 Year9.29%11.30%22.9426.43%
3 Year120.48%127.72%55.0557.36%

Company Info

Company Information

Director : Devi Parameswar Reddy

Company Secretary : Naveen Chandra Prakash

Registered Office: 8/9th Mile, Tumkur Road,Bangalore,Karnataka-560073 Ph: 91-80-28394321

Email:In.investorrelation@kennametal.com; naveen.c@kenna

URL:http://www.kennametal.com