Kirloskar Oil Engines aims to invest Rs 150 crore in capex during FY20

14 Feb 2019 Evaluate

Kirloskar Oil Engines (KOEL) is aiming to infuse Rs 150 crore in capex during the next financial year to meet the new emission norms for industrial engines business. The company’s capex for the current fiscal is Rs 110 crore in various projects.

Kirloskar Oil Engines manufactures diesel engines. The engines are preferred by various services sectors like banks, telecommunication establishments, commercial use buildings, hotels and restaurants.

Kirloskar Oil Eng Share Price

941.20 42.80 (4.76%)
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