Kennametal India shares ends up 5% on new product launch

The company said VT850 is ideal for machining components of massive size and complex geometries such as pumps and valves, automobile components, motor bodies, bearings and graphite blocks.

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Shares of Kennametal India closed higher on November 15 after the Widma Machining Solutions Group of the company announced the launch of VT850— a 2-axis, standard ‘plug-and-play’ vertical turning lathe designed for machining a wide range of large components that require heavy metal removal and unmatched accuracy with best-in-class productivity.

“This launch will not only enhance our standard products portfolio, but impact turnaround time to customers and ensure consistent performance,” said Rajashekar Venkat, Director – APAC, Machining Solutions Group. “These machines are manufactured in our state-of-the-art facility at Bangalore which has end-to-end capabilities, from product conceptualization to design, to assembly and customer support.”

The company said VT850 is ideal for machining components of massive size and complex geometries such as pumps and valves, automobile components, motor bodies, bearings and graphite blocks. The turning lathe allows users to combine several operations without compromising component quality.

Shares of the company ended at Rs 2247, up 5.32 percent on BSE.

Kennametal said among the key features of the product are double row cylindrical roller bearing that improves stiffness and rigidity of spindle, heavily ribbed FEA optimized structures made of FG300 cast iron and higher weight of the machine that improves rigidity and vibration dampening and maximum turning diameter of 850 mm that can handle large part machining and a wide range of components.