Kabra Extrusion at new high

Kabra Extrusion Technik, manufacturer of Plastic extrusion machinery is doing very well today. The stock, which had closed yesterday at Rs.214.80, opened today at Rs.221.25 and went on to hit a new 52-week high at Rs.249.65.

The market is pretty happy with the news that it’s battery division, Battrixx has received its single largest order to supply 8000 battery packs for Joy E-Bike (electric two-wheelers) produced by WardWizard.

Battrixx is positioned to provide wide range of advanced lithium-ion battery packs with smart Battery Management System.

Wardwizard Innovations & Mobility is one of the leading auto manufacturing company in the Electric Vehicle (EV) segment under the brand name Joy e-bike, providing a greener alternative to traditional fuel-driven bikes and has its presence in 25 cities in India.