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Supreme Court Stays Bombay High Court Order in Kirloskar Brothers Litigation

Story Highlights
  • Kirloskar Brothers Limited is a key player in the engineering industry, specializing in pumps.
  • The Supreme Court has stayed a Bombay High Court order in ongoing litigation involving Kirloskar Brothers.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Supreme Court Stays Bombay High Court Order in Kirloskar Brothers Litigation

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Kirloskar Brothers Ltd. ( (IN:KIRLOSBROS) ) just unveiled an announcement.

Kirloskar Brothers Limited has announced that the Supreme Court of India has stayed the effect and operation of a previous order by the Bombay High Court, as part of ongoing litigation involving the company. The financial implications of this litigation are currently uncertain, and the company has committed to keeping stakeholders informed of any further developments.

More about Kirloskar Brothers Ltd.

Kirloskar Brothers Limited is a leading company in the engineering industry, primarily focusing on manufacturing and supplying pumps and pumping systems. The company serves various sectors, including water supply, power plants, irrigation, oil and gas, and marine and defense industries.

Average Trading Volume: 7,496

Technical Sentiment Signal: Buy

Current Market Cap: 156.7B INR

Find detailed analytics on KIRLOSBROS stock on TipRanks’ Stock Analysis page.

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