Wednesday, August 27, 2008

Kilburn Engineering gallops on export order

Kilburn Engineering jumped 9.04% to Rs 38 at 11:07 IST on BSE after the company said it has received export orders aggregating to Rs 14.90 crore.
The company made this announcement during trading hours today, 27 August 2008.
The stock hit a high of Rs 38 and a low of Rs 35 so far during the day. The stock had hit a 52-week high of Rs 76 on 19 November 2007 and a 52-week low of Rs 24 on 21 July 2008.
The company has an equity capital of Rs 13.50 crore. Face value per share is Rs 10.
In July 2008, Kilburn Engineering bagged export orders aggregating to Rs 14.87 crore for supplying rotary/fluid bed driers.
In April 2008, the company received an order worth Rs 11 crore from GHCL for manufacture of Calciner.
Kilburn Engineering reported a net loss of Rs 2.83 crore in Q1 June 2008 as compared to net profit of Rs 0.25 crore in Q1 June 2007. Net sales fell 77.7% to Rs 3.05 crore in Q1 June 2008 over Q1 June 2007.
The company's principal activity is to design, manufacture, supply and installation of various types of drying systems for chemical, petrochemicals, food, oil, gas and other industries.

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