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Kennametal India shares ends up 5% on new product launch

The company said VT850 is ideal for machining components of massive size and complex geometries such as pumps and valves, automobile components, motor bodies, bearings and graphite blocks.

Smallcap stocks: Stock market update: BSE SmallCap index rises over 1%; Kennametal zooms 20%

Explore Now NEW DELHI: S&P BSE SmallCap index was trading higher at 02:49PM (IST) on Thursday. Shares of Rane (Madras) (up 20.0 per cent), Kennametal India (up 20.0 per cent), Himadri Speciality Chemical (up 19.95 per cent), Rashtriya Chemicals & Fertilizers (up 19.93 per cent) and Just Dial (up 18.57 per cent) were among the top gainers. While Asian Granito India (down 13.78 per cent), Huhtamaki India (down 11.94 per cent), Hindustan Foods (down 5.0 per cent), OnMobile Global (down 5.0 per cent) and Agro Tech Foods (down 3.42 per cent) were the top losers in the index. The S&P BSE SmallCap index was trading 1.4 per cent up at 20300.94 around 02:49PM.

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