Rights Issue
Kanel Industries Approves Rights Issue Terms
Kanel Industries approved a rights issue of 42,52,500 equity shares at Rs. 39.95 each, aggregating Rs. 16.99 crore. The record date is November 13, 2026.
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KANELOIL (KANELOIL) is currently trading at 67.45 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
KANELOIL operates in the its sector sector. Review the About Company section on this page to understand its business model, revenue streams, and key products or services.
Over the past 52 weeks, KANELOIL has traded between a low of ₹67.45 and a high of ₹73.99. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
KANELOIL has a market capitalization of approximately N/A. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
KANELOIL’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of N/A and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of N/A Cr, KANELOIL is classified as a N/A stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
KANELOIL operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of KANELOIL is N/A. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Kanel Industries has scheduled its Board of Directors meeting for October 30, 2026. The meeting will be held at the company’s registered office in Ahmedabad, Gujarat.
Rights Issue
Kanel Industries approved a rights issue of 42,52,500 equity shares at Rs. 39.95 each, aggregating Rs. 16.99 crore. The record date is November 13, 2026.
Board Meeting
Kanel Industries will consider rights issue terms, issue price, entitlement ratio, payment terms and record date at its October 30, 2026 board meeting.