Kirloskar Ferrous Industries share price (NSE: KIRLFER ) gained sharply on June 18, 2026, after the company announced that it had secured a major export order from a customer based in the United Kingdom.
The positive development boosted investor sentiment, pushing the stock higher during Thursday's trading session.
Following the announcement, Kirloskar Ferrous share price climbed as much as 14.4% to touch an intraday high of ₹508.45 on the NSE. The stock later traded at ₹483.45, up around 8.8% from the previous close.
The rally also marked a strong recovery from the stock's recent low. Shares have rebounded approximately 24% from their 52-week low of ₹408 recorded on June 11, 2026.
At around 2:49 PM, the stock was trading at ₹488.15, up 9.87% for the day.
| Particulars | Value |
| Current Price | ₹488.15 |
| Day's Gain | ₹43.85 (9.87%) |
| Day's Low | ₹463.00 |
| Day's High | ₹508.45 |
| 52-Week Low | ₹336.20 |
| 52-Week High | ₹617.50 |
| Market Capitalisation | ₹8,091 crore |
Kirloskar Ferrous Industries informed stock exchanges that it has received an export contract worth approximately $13.51 million from a buyer located in London, United Kingdom.
Under the agreement, the company will supply 30,000 metric tonnes (±5%) of basic grade pig iron.
| Particulars | Details |
| Order Value | $13.51 million |
| Product | Basic Grade Pig Iron |
| Quantity | 30,000 MT (±5%) |
| Customer Location | London, United Kingdom |
| Delivery Basis | FOB (Free on Board) |
| Payment Terms | Letter of Credit payable at sight |
| Shipment Deadline | August 15, 2026 |
The shipment is expected to be completed by August 15, 2026, subject to shipping schedules and other contractual conditions.
In a separate corporate update announced on June 12, 2026, the company's board recommended a final dividend of ₹3 per equity share with a face value of ₹5 each for the financial year 2025-26.
The proposed dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
The board also approved the allotment of 17,841 equity shares under the company's Employee Stock Option Scheme (ESOP).
Following the allotment, Kirloskar Ferrous Industries' paid-up equity share capital increased to ₹82.50 crore, comprising 16.50 crore equity shares of ₹5 each.
Kirloskar Ferrous Industries is engaged in the manufacturing of pig iron and castings and serves various industries, including automotive, engineering, and infrastructure sectors. The company is part of the Kirloskar Group and has established itself as a key player in the domestic and export markets.
Kirloskar Ferrous Industries witnessed a strong rally after securing a $13.51 million export contract from a UK-based buyer for the supply of pig iron.
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Published on: Jun 18, 2026, 3:32 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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