Monday, August 11, 2008

Kirloskar Brothers Ltd

fdw news - Ideas =Kirloskar Brothers Ltd= hold 95.95% stake in The Kolhapur Steel Ltd. (TKSL), which has become a subsidiary company of KBL w.e.f. 2 August 2008. The company has revised the prices of its products and is taking steps to increase prices and include the price increase clause in future orders. Its order position is very strong. The company also has investments worth of Rs.53 cr. whose market value is around Rs.860 cr. It is seeking price hike from all existing customers.

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