Kennametal India Limited (KENNAMET.BO)
Kennametal India Limited operates in the Manufacturing - Tools & Accessories industry of the Industrials sector, headquartered in Bengaluru, KA, IN. The stock last traded at $3649.00, down 0.72% on the session, giving a market capitalisation of $80.20B. Its beta of 0.44 implies it has historically moved less than the broad market.
Kennametal India Limited specializes in the manufacturing and worldwide distribution of sophisticated hard metal products and precision machine tools, with operations spanning India, Germany, the United States, China, and other international regions. The company's business is structured around two core segments: Hard Metal Products and Machining Solutions Group. Its comprehensive product line features an array of metalworking and metal cutting tools, including indexable and solid end milling solutions, drilling and hole-making tools, turning and threading inserts, tool holders, adapters, spare parts, rods, preforms, and integrated tooling systems. Beyond traditional tools, it offers services for road rehabilitation, trenching, foundation drilling, and recycling. The company also provides specialized industrial nozzles, abrasive flow components, and wear-resistant products crucial for both surface and underground mining applications. Kennametal India supplies various consumable materials, such as thermal spray and hardfacing compounds, as well as a spectrum of powdered materials like tungsten carbide, pure tungsten, ready-to-press powders, and specific powders for diamond tooling and drilling. It develops durable wear-resistant coatings, including cloth and slurry-based cladding, serving critical sectors such as petrochemicals, refining, plastics, food and feed, power generation, oil and gas, and general manufacturing. The Sintec ceramics division provides innovative solutions like evaporator boats, intermetallic composites, boron nitride and ceramic components, ceramic powders, and boron nitride suspensions, pastes, and sprays. Additional offerings include stellite products, carbide rods and blanks (for tool fabrication and metal forming), carbide wear parts, and polycrystalline diamond (PCD) tools, complemented by additive manufacturing services. The company's extensive client base includes industries such as aerospace, additive manufacturing, earthworks, energy, transportation, general engineering, medical, defense, and machine tools. Established in 1964 and headquartered in Bengaluru, India, Kennametal India Limited operates as a subsidiary of Meturit AG.
Kennametal India Limited is most often compared with the following Industrials names: