Kilburn Engineering bags LoI worth Rs 14.90 crore; stock surges 15%

Kilburn Engineering bags LoI worth Rs 14.90 crore; stock surges 15%Mumbai-headquartered Kilburn Engineering Ltd has received confirmed orders / LoI aggregating Rs 14.90 crore from various companies.

Kilburn Engineering engages in the design, engineering, manufacture, supply, and installation of various types of drying systems in India and internationally.

After the announcement, the stock price of the Kilburn Engineering climbed to Rs 40 on BSE. The stock gained 15% over its previous close of Rs 34.85.

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