Latest news with #KineticGroup
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Business Standard
7 days ago
- Automotive
- Business Standard
Microcap stock hits multi-year high, up 20% in weak market on huge volumes
Kinetic Engineering share price today Shares of Kinetic Engineering hit a multi-year high of ₹351.75, zooming 20 per cent on the BSE in Thursday's intraday trade, in an otherwise weak market. The stock price of the microcap auto ancillary company was trading close to its all-time high level of ₹380, which it touched on June 17, 1996. At 02:08 PM, Kinetic Engineering shares were quoting 17 per cent higher at ₹342.35 as compared to a 0.22 per cent decline in the BSE Sensex. Average trading volumes on the counter jumped over 10-fold, with 409,000 shares changing hands on the BSE till the time of writing this report, data shows. In the past one week, the stock price of Kinetic Engineering has surged 35 per cent. Further, it has zoomed 146 per cent from its 52-week low of ₹143, touched on January 13, 2025. Currently, Kinetic Engineering is trading 'X' group on the BSE. Equity shares classified under 'X' group are only listed/traded on the BSE. The company's market capitalisation stands at ₹801 crore. What's driving the Kinetic Engineering stock price higher? In May 2025, Kinetic Engineering announced that it has, officially, granted a brand license to its subsidiary company, Kinetic Watts and Volts Ltd. (KWV), to enter the electric vehicle (EV) segment. Kinetic Watts and Volts Ltd., incorporated on September 27, 2022, was established with the mandate to explore alternative opportunities in the electric vehicle space. Under the agreement, KWV will have the non-exclusive right to use the Kinetic brand name and trademarks for its EV business, for an initial period of three years. At the end of the initial three-year licensing period, Kinetic Engineering and KWV will review and renew the licensing terms to align with the group's long-term vision, market dynamics, and any potential expansion into new categories or international markets. Kinetic Engineering is a key supplier of EV components including gearboxes, axles, and chassis, playing a crucial role in India's evolving EV supply chain. Additionally, Kinetic Group recently ventured into the battery manufacturing sector under a separate group company operating under the brand 'Range X', further expanding its footprint across the electric mobility ecosystem. Kinetic Engineering is the flagship company of the Kinetic Group, with over five decades of manufacturing excellence. Headquartered in Pune and led by Ajinkya Firodia, Vice Chairman & Managing Director, Kinetic Engineering has been a pioneer in India's automotive industry. The company is engaged in the manufacturing and supply of automotive components. The company caters to both domestic and international markets. The company's clientele includes Renault, American Axle, Tata Motors, Mahindra & Mahindra, Ashok Leyland, Magna Powertrain, Sonalika Tractors, Carraro Products, among others.
Time of India
01-07-2025
- Automotive
- Time of India
Kinetic Communications inaugurates automated EV component manufacturing line in Pune
Kinetic Communications Ltd . (KCL) has inaugurated a fully automated controller manufacturing line at its Pune facility. The line will produce motor controller units (MCUs) and associated assemblies used in electric vehicles, with a focus on improving throughput, process control, and quality assurance. The new facility was inaugurated by Dr. Arun Firodia, Chairman of Kinetic Group ; Deepak Shikarpur, Director of KCL; and Ajinkya Firodia, Vice Chairman of Kinetic Group. Integration of digital manufacturing technologies The controller line uses surface mount technology (SMT) and automated assembly systems governed by human machine interface (HMI) and programmable logic controller (PLC) platforms. These enable real-time control and data traceability while minimising manual intervention. At the centre of production is the MCU, which regulates the interface between battery and motor, managing key functions such as acceleration, braking, energy optimisation, and features like cruise control, hill-hold assist, and diagnostics. The SMT lines are capable of placing 40,000 components per hour with full verification. Final assemblies undergo software flashing, leak testing to IP67 standards, and functional validation. The line currently delivers 300 units per shift, with a scalable annual capacity of 1.8 lakh units across two shifts. Alternate lines and contingency systems are in place to maintain output during demand fluctuations. Quality and compliance systems The facility incorporates Solder Paste Inspection (SPI), Automated Optical Inspection (AOI), and In-Circuit Testing (ICT) to meet IPC and JESD22 standards. Through-hole components are soldered using lead-free technology, and reflow ovens are used to maintain solder joint quality. Assembly stations are integrated with Poka Yoke systems to reduce human error. End-of-line testing and pre-dispatch inspections are conducted to meet engineering parameters. Components are subject to incoming quality control and suppliers are required to provide RoHS and REACH-compliant certification. Ajinkya Firodia said, 'The new fully automated controller line marks a significant stride toward Industry 4.0-driven smart manufacturing. Every stage is data-driven and benchmarked to global quality standards.' Deepak Shikarpur added, 'This facility is a reflection of Make in India at an advanced level. With its automation and ability to manufacture feature-rich motor controllers, it positions India on the global map for EV electronics manufacturing.' KCL said the new line aims to reduce defects, increase productivity, and support customer requirements through automated and efficient processes.
Hindustan Times
24-06-2025
- Automotive
- Hindustan Times
Remember the Kinetic Honda DX scooter? It could soon make a comeback as an EV
The upcoming electric scooter appears to be a modern interpretation of the iconic Kinetic Honda DX scooter Check Offers The 90's kids would remember the Kinetic name fondly. For many, the Kinetic Honda ZX scooter was the vehicle they grew up around, and for some, this would've been their first two-wheeler as an adult. It now seems the Kinetic Honda DX scooter could soon make a comeback as an all-electric offering. A recent design patent suggests that the Kinetic Group has registered an identical design for its upcoming electric scooter. Kinetic Honda DX: Two-Stroke scooter with a CVT automatic The Kinetic Honda DX scooter was a collaboration between India's Kinetic Engineering and Japan's Honda Motor Company, and was in producton from 1984 to 2007. Based on the Honda NH Series scooters, the Indian version used a 98 cc two-stroke, air-cooled motor the model. The new version will be an all-electric offering instead. This would be Kinetic's second attempt at reviving a legacy nameplate after the E-Luna recently. Also Read : Kinetic Engineering to invest ₹ 71.83 crore in KWV for EV transition and brand licensing Specifications on the upcoming electric scooter remain under wraps for now Kinetic Honda DX: Comeback Soon? Kinetic Green, part of the Kinetic Group, has filed the design patent for the new scooter, which appears to be heavily inspired by the Kinetic Honda DX. The design seems near identical, save for the new Kinetic Green logo on the front apron and a rectangular LED headlamp cluster that gets the same design but with new LED DRLs. The side panels have been altered to resemble the original model in spirit, while the rear sports a new grab rail, instead of a spare tyre, seen on the original. The 'Kinetic' branding is visible on the small flyscreen of the design patent, instead of 'Kinetic Honda' as seen on the original. Also Read : Kinetic Green to launch a family electric scooter within 18 months The technical specifications remain under wraps on the upcoming Kinetic electric scooter. That said, expect the model to be targeted at family buyers offering a decent mix of performance and range. There's no word on the launch details yet but we expect Kinetic to share more details in the coming months. Notably, the brand continues to share stories around the legacy of the Kinetic Honda scooter on its social media channels. The family electric scooter segment has quite a few offerings and the upcoming Kinetic electric scooter will take on the Bajaj Chetak, Ather Rizta, TVS iQube, Ola S1 X, and the like. It'll be interesting to see what Kinetic has in store beyond the nostalgic bait. Check out Upcoming EV Bikes in India. First Published Date: 24 Jun 2025, 17:40 PM IST
