India's Kirloskar Ferrous gains on bigger profit, fundraise plan

Kirloskar Ferrous Industries

09/05/2025 11:03

** Shares of Kirloskar Ferrous Industries KRFI.BO rise 3% to 490 rupees

** Iron casting maker posts five-fold rise in Q4 net profit and plans to raise up to 10 bln rupees ($117.2 mln)

** More than 324,000 shares traded, 5x their 30-day avg

** Stock down 25% so far in 2025

 ($1 = 85.3280 Indian rupees)

 (Reporitng by Nishit Navin)

 ((nishit.navin@thomsonreuters.com;))