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Based on the OI percentage, 65 stocks saw long unwinding, which included Alkem Laboratories, HDFC AMC, Voltas, Ipca Laboratories and MRF
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Based on the OI percentage, 65 stocks saw long unwinding, which included Alkem Laboratories, HDFC AMC, Voltas, Ipca Laboratories and MRF
Kilburn Engineering Ltd (KEL) has acquired M E Energy Private Ltd, a prominent player in waste heat recovery and reutilization systems, for Rs 98.70 crore. This strategic move aims to establish KEL as a comprehensive solution provider in the thermal engineering sector. M E Energy, with a revenue of Rs 44.70 crore in 2022-23, brings valuable expertise in waste heat recovery solutions, complementing KEL's existing portfolio of drying systems.
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The acquisition is a strategic move by Kilburn to augment its capabilities and fortify its position in the thermal engineering systems market, the company said in a statement.