Hot Pursuit
Kothari Industrial Corporation Ltd. is up 1.81% to Rs 147.03, building on recent gains and showing a weekly increase of 9.87%.
Kothari Industrial Corporation Limited has received a Letter of Acceptance (LOA) from Tiruppur City Municipal Corporation for providing food services under the Perunthalaivar Kamarajar Morning Breakfast Scheme to school children, with a contract value of Rs 24,93,35,076. The three-year contract, awarded for the company's bid dated September 3, 2026, will see Kothari Industrial Corporation serve as the food service provider for schools in Wards 11, 31, 47, and 41 of Tiruppur City Municipal Corporation, with a per-packet price of Rs 9.08. The company is required to furnish a security deposit within 7 days and execute the agreement within 15 days of receiving the LOA, and confirms that neither promoters nor group companies have any interest in the awarding entity, and the contract does not constitute a related party transaction.
Trading volume reached 51814 shares today, a decrease of 57.66% compared to the one-week average volume. Kothari Industrial Corporation Ltd remained flat year-over-year, outperforming the NIFTY50 index's 8.17% loss.