Kinetic Engineering Stock Up Nearly 2% on Robotic Chassis Line Launch for DX EV

Mumbai, September 5, 2025: Shares of Kinetic Engineering Ltd (BSE: 500240) surged 1.99% on Friday, August 5, 2025, against the previous close of ₹299.00. The increase follows the announcement by the company that the Kinetic DX Electric Vehicle (EV) has been launched with the opening of its Robotic Chassis Line at its Ahmednagar plant.

Kinetic Engineering Ltd, a company of the Kinetic Group, has more than 50 years of experience in the manufacturing of automobiles. It has over 1,000 staff in its Ahmednagar plant, in 32 sheds of 400 machines, including Renault, Tata Motors, Mahindra and American Axle.

Shares Rise 1.99% to ₹304.95, Market Cap ₹713.92 Cr

Shares of the company rose 1.99% to ₹304.95 as of 2:00 PM IST, up ₹5.95 from the previous close of ₹299.00. The stock has traded around this level, hitting an intraday high and low of ₹304.95, reflecting steady investor interest. It has a 52-week range of ₹143.00–₹385.00, with a turnover of ₹17.62 lakh and a market capitalization of ₹713.92 crore. The stock’s EPS stands at 3.08, giving a P/E ratio of 99.01.

Robotic Chassis Line Boosts EV Production Precision, Consistency

The company has improved its production power with a state-of-the-art Robotic Chassis Line. These include robot welding, clamping auto fixtures, and specialized scooter framing cells that are tailored to improve precision, consistency, and productivity. Moreover, the body panel line is improved with hi-tech hydraulic and mechanical presses, efficient spot welding and pneumatic clamping. These upgrades provide greater structural integrity and better quality products. The plant also has a modernised paint shop which incorporates a 7-tank process, CED coating, and metallic top coat to ensure long-term durability. An electronic parts warehouse also simplifies the process by including strict quality inspection and kit supply.

Ajinkya Firodia Highlights Automation as Benchmark for Indian Manufacturing

Ajinkya Firodia, Vice Chairman & Managing Director, stated: “With the inauguration of our Robotic Chassis Line, we are reimagining how manufacturing should be done in India. This move positions us to deliver unmatched consistency and reliability, setting a benchmark for automation in the industry.”

Investors can see the launch of the Robotic Chassis Line by Kinetic Engineering as a move towards automation-related expansion in the EV industry. This demand growth is good, but high valuation (P/E 99.01) warrants close consideration of growth in earnings and perceived performance in the market.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/4e7055d4-c08b-4d4f-b6fa-1df33a0f9571.pdf

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