K&R Rail engineering share price today: K&R Rail Engineering’s stock rose more than 15% today, from its intraday low of Rs 398 to Rs 459.85 a share.
K&R Rail engineering share price today
The 52-week high and 52-week low of the stock are Rs 800 and Rs 303.55, respectively.In order to convert 96,00,000 of 7% Optionally Convertible Redeemable Preference shares of Rs 10 each. It is totaling Rs 960,00,000, to the Promoter and Promoters group, K&R Rail Engineering Ltd announced that the Board of Directors had approved and passed the following resolutions by circulation and allotment of 96,00,000 equity shares of face value of Rs 10 each to as fully paid-up.
K&R Rail engineering news
A work order for the design, consulting, and railway approvals (Phase I) and the EPC-based execution (Phase II) of a railway siding facility at Kaley Station in Hubballi Division, South Western Railway was previously obtained by K&R Rail Engineering Limited from Fomento Resources Private Limited, a Panaji, Goa-based company. The project must be completed within 18 months, according to this domestic order, which is worth Rs 110 crore. The development of extensive railway siding infrastructure is part of the project scope.
Additionally, the company’s Board of Directors approved a 10:1 stock split, which would divide the current 1 equity share with a face value of Rs 10 each that has been completely paid up into 10 equity shares of Re 1 each. The date of record has not been decided yet.
K&R Rail engineering Q2 2025 result
The business had net sales of Rs 142.23 crore and a net profit of Rs 3.18 crore in Q1FY25, as opposed to net sales of Rs 200.10 crore and a net profit of Rs 5.08 crore in Q1FY24, according to Quarterly Results. According to its annual reports, net sales rose 70% to Rs 662.41 crore in FY24, while net profit rose 24% to Rs 7.79 crore in FY23. The company K&R Rail Engineering Ltd. is involved in the turnkey installation of private railway sidings. Over the past three years, the company, which has a market valuation of Rs 970 crore. It has produced strong profit growth of 204% CAGR.