Kirloskar Oil Shares Rally 5% After Rs 270 cr Deal with Indian Navy for Marine Diesel Engine
Medium-speed engines that can be scaled from 3 MW to 10 MW will be designed and developed in-house by the business and utilized for power generation and main propulsion aboard Indian Coast Guard and Indian Navy ships. Following receiving an order worth Rs 270 crore from the Defence Ministry, Kirloskar Oil Engines’ share price increased…