Latest news with #KWV
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Business Standard
6 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.
NDTV
23-06-2025
- Automotive
- NDTV
New Kinetic Electric Scooter Design Patented; Launch Soon?
It seems like Kinetic Watts and Volts is working on a new electric scooter and from the look at the design patent that the company has filed, the upcoming Kinetic electric scooter will look a lot like the iconic Kinetic Honda of the 80s and the 90s. The front apron, headlight and the rearview mirrors along with the tiny windscreen with the word 'Kinetic' written on it, all hark back to the Kinetic Honda. The other design elements include a long and wide seat along with decent footboard space. Other detail highlights include side panels that are similar to the ones on the old Kinetic Honda and a rather thick grab-handle at the rear. From what we understand, this will be a family scooter so the focus will be on practicality and comfort, rather than performance. Specifications like range, battery size and motor capacity will be revealed closer to the launch. When launched, the new Kinetic EV will go up against the likes of the Ather Rizta, Bajaj Chetak, TVS iQube and the Ola S1 X. Kinetic Watts and Volts (KWV), recently inaugurated a state-of-the-art manufacturing facility in Ahilya Nagar, Maharashtra. Spread across 87,000 square feet, the new plant is set to become the cornerstone of the company's electric vehicle expansion strategy. The facility has been designed to support scalable and sustainable production, incorporating advanced automation, precision assembly lines, and digitised operations.
News24
11-06-2025
- Business
- News24
BUZZ kill: KWV strikes blow for its Bug shooters
For more financial news, go to the News24 Business front page. KWV, which produces the popular Bug shooter, has successfully defended the brand against what it contended was a copycat competitor. Bug is sold in 20ml bottles, with alcohol levels varying from 12% to 24.5%, depending on the flavour. The group filed a complaint to the Advertising Regulatory Board (ARB) against BUZZ, a product created by the Johannesburg-based Craft Link, accusing it of imitating its packaging design. KWV claimed BUZZ's bee-inspired branding closely mirrored Bug's look and feel, 'taking advantage of the goodwill relating to the advertising property vested in the Bug packaging'. KWV argued that BUZZ ripped off its insect imagery, which features 'Bug-man', with its own bee, at the top of the packaging design. It further argued that the names 'BUZZ' and 'Bug' shared a similar visual style, with white text and green outlines, raising concerns over consumer confusion. This, KWV argued, would be exacerbated by similar bottles with comparable shield-shaped labels and barcode placements. While Craft Link denied plagiarism claims, it agreed to stop BUZZ production and distribution. The group also denied any contraventions of the ARB's Code of Advertising, specifically the exploitation of goodwill and imitation. To meet ARB regulations, they ensured a three-month 'grace period' for clearing existing stock from shelves. The ARB Directorate ruled in favour of a resolution, acknowledging Craft Link's decision to pull BUZZ off the market. Craft Link's voluntary measures to halt BUZZ production fulfilled the necessary ethical and procedural requirements without requiring an explicit admission of guilt, the ARB said.
Time Out
20-05-2025
- Entertainment
- Time Out
Cape gin crowned South Africa's best!
Whether you like yours shaken in a martini or mixed with a tonic, here in Cape Town, we have certainly enjoyed the fruits of the craft gin revolution. Take a look at the shelves of your favorite liquor store (Liquor City in Claremont is my go-to, and hard to beat) and you'll find dozens of options. From Karoo-inspired infusions to fynbos-forward flavor bombs, distillers are pushing boundaries each and every day. But, with choice comes a dilemma: which of them is any good? Well, here's a good place to start. At the recent 2025 World Drinks Awards, KWV walked away with two top honors in the gin category. KWV? The people who make brandy and wine? Yes, the very same. At the awards KWV's XXO 20-Year-Old Brandy was also named the world's highest-scoring aged wine brandy. But let's keep our eyes on the juniper-infused prize, as it turns out that KWV's Master Distiller, Pieter de Bod, is a dab hand at gin too. So much so that the KWV Imagin Classic London Dry Gin was crowned South Africa's best gin in the Classic category. Crafted in small batches, this citrus-bright, juniper-forward gin is as classic as you could hope for. It's no stranger to the podium, either: this is its sixth international gold in three years. Not content with just one award, the Cruxland Black Winter Truffle Gin won the same for the Contemporary Style Gin category. This bold and earthy statement gin is made with Périgord truffles grown in South Africa. It's a modern favorite and an eight-time international gold medalist. Both gins bagged 'Gold – Country Winner' titles. "These awards reflect a brand that honors its history while continuously evolving," says Pieter de Bod. "It shows our ability to blend tradition with relevance - and create spirits that speak to both heritage and today's global palate."
Hindustan Times
14-05-2025
- Automotive
- Hindustan Times
Kinetic Engineering to invest ₹71.83 Crore in KWV for EV transition and brand licensing. Check details
₹71.83 Crore in KWV for EV transition and brand licensing. Check details data-item-target-url=/auto/news/ data-item-story-segment=N/A> To fund this shift, Kinetic Engineering and its founders have pledged a combined investment of ₹71.83 crore in KWV. Notify me Kinetic Engineering Limited (KEL), a familiar name in India's automotive sector, has made a strategic move towards the transition to electric mobility by formally licensing its legendary brand name to its EV-focused subsidiary, Kinetic Watts and Volts Ltd. (KWV). The development allows KWV to use the Kinetic brand name in the field of electric vehicles, marking the group's formal foray into the EV space. KWV, which was incorporated in September 2022, was founded with a distinct mandate to seek business opportunities in the nascent electric vehicle arena. With product development already initiated, the firm is gearing up to unveil its roadmap for EV launches, strategic partnerships, and market entry plans over the next few months. Also Read : New Kinetic e-Luna electric moped design patented, launch likely during festive season Major investment to strengthen EV Vision To fund this shift, Kinetic Engineering and its founders have pledged a combined investment of ₹ 71.83 crore in KWV. ₹ 42.83 crore has been infused already, with another ₹ 29 crore to be disbursed soon. This infusion of funds will grant an 80 per cent stake in the subsidiary company to KEL, making it the propelling force for the group's electric vehicle aspirations. As per the deal, KWV shall have a non-exclusive right to utilize the brand name and trademarks of Kinetic for three years. The licensing agreement gives the new company the right to use the trust and identity Kinetic has developed over decades, while providing the opportunity to introduce a new generation of electric vehicles in India, to be reviewed and renewed periodically with the changes and expectations in the market and the changes in the long-term plans of higher management. Also Read : Kinetic Green E-Luna electric moped launched in India, priced from ₹ 69,990 Broader group synergies in the EV ecosystem Kinetic Engineering is not a stranger to the EV world—it already provides critical components like gearboxes, axles, and chassis to electric vehicle makers. Moreover, the Kinetic Group has ventured into battery production under a different entity titled "Range X." This joint plan aligns with the group's desire to become a major player in various transportation segments of the electric mobility value chain. Ajinkya Firodia, Vice Chairman and Managing Director of Kinetic Engineering Ltd., stressed the importance of this move. 'This is more than a business decision—it's the continuation of a legacy. Kinetic Watts and Volts represents our belief in a cleaner, smarter future for mobility. By combining the brand's heritage with modern EV technology, we hope to create products that connect with consumers and lead the way forward," he said. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 14 May 2025, 11:32 AM IST
