Kinetic to gear Tata`s small car
Kinetic to gear Tata`s small car Kinetic Engineering bagged the order for supply of complete gearbox for the Tata Motor`s small car, reports DNA. Kinetic Engineering received the Letter of Intent from Tata Motors. Earlier in 2007, the Kinetic Group had announced completion of its business and financial restructuring, aimed at tapping opportunities in the auto component manufacturing sector. >As per the restructuring exercise, Kinetic Engineering (Q, N,C,F)* now focuses exclusively on auto-component manufacturing and has built a client roster that includes Tata Motors, Force Motors and several international companies from Canada, the USA and Europe. Shares of the company declined Rs 1.40, or 1.06%, to end at Rs 130.10. The total volume of shares traded was 10,692 at the BSE (Friday).
