Kirloskar Brothers (KBL), a global fluid management company, witnessed a rise in share price on Monday after Kirloskar Pompen BV, Netherland, the company's step down subsidiary has completed the acquisition of Rodelta Pumps International, Netherlands (Rodelta) on July 17, 2015.
Rodelta is engaged in manufacturing of API and Non API Pumps for Oil & Gas, Pulp & Paper, Water, Chemical and various other applications.
Shares of Kirloskar Brothers are trading at Rs 226.30, up Rs 3.4, or 1.53% at the Bombay Stock Exchange (BSE) on Monday at 1:33 p.m.
The scrip has touched an intra-day high of Rs 229.40 and low of Rs 220.60. The total volume of shares traded at the BSE is 3,067.