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Kothari Industrial Corporation jumps 1.59% as it secures a Rs 4.15 crore food services contract
03-Sep-2026, 12:07

Kothari Industrial Corporation Ltd. is currently up 1.59% to Rs 138.64, although the stock has declined 6.95% over the last one week.

Kothari Industrial Corporation Limited has received a Letter of Acceptance (LOA) from Puliangudi Municipality, Tamil Nadu, to provide food services under the Perunthalaivar Kamarajar Morning Breakfast Scheme for school children, with a contract value of Rs 4,15,31,817.60 for a period of 3 years. The company was selected as the food service provider and is required to furnish a security deposit and execute an agreement within 2 days to receive the formal work order, with no promoter or related party interests involved in the awarding entity.

Trading volume reached 7851 shares today, representing a slight decrease of 8.79% compared to the one-week average volume. Kothari Industrial Corporation Ltd remained flat year-over-year, outperforming the NIFTY50 index's 2.71% loss.