India, June 22 -- The shares of the Mid-Cap company, which specialises in the design, manufacturing, and servicing of diesel and gas engines, power generator sets (gensets), and pumping solutions for agricultural, residential, and industrial use, are in focus as they have rallied 20 percent in the day's trade upon securing a major HyperNext order.

With a market capitalization of Rs. 34,757.44 crores in the day's trade, the shares of Kirloskar Oil Engines Ltd hit a 20 percent upper circuit, making a high of Rs. 2,390.80 per share compared to its previous closing price of Rs. 1,992.35 per share.

What Happened Kirloskar Oil Engines Limited (KOEL) has announced a major order from HyperNext for its Optiprime Dual Core power systems, marking...