Kross Share Price Jumps 20% After Q2 Results: What Lies Ahead? Technical Analyst Weighs In
- October 19, 2026
- Posted by: Lakshit Sharma
- Category: News
The Kross share price touched Rs 326.40 on 19 Oct 2026, a 20% jump from Rs 272, after Q2 FY27 revenue rose 79.6% to Rs 235.09 crore, EBITDA rose 107.4% to Rs 30.60 crore and profit after tax rose 143.5% to Rs 19.69 crore. By 11:28 AM IST it traded near Rs 306, about 12.5% above the previous close. I could not find the technical analyst’s levels, so the levels below are my calculation.
Quick Answer
The Kross share price jumped because Q2 FY27 revenue rose 79.6% to Rs 235.09 crore, EBITDA rose 107.4% to Rs 30.60 crore and profit after tax rose 143.5% to Rs 19.69 crore. The EBITDA margin improved to 13.0% from 11.3% a year ago, helped by demand in medium and heavy commercial vehicles, trailers and a tractor recovery. The stock touched the 20% upper band at Rs 326.40 early in the session but slipped to about Rs 306 by late morning, so the headline 20% is the intraday peak and not the live gain. What lies ahead depends on whether the Kross share price holds above the Rs 272 previous close and whether new capacity turns into higher utilisation.
The Kross share price had already doubled from its 52-week low of Rs 150.52 before this jump, so Monday’s move adds to a strong run. At around Rs 306 the Kross share price is about 103% above that low (my calculation), which raises the bar for the next set of results.
This guide covers the live snapshot, the Q2 and H1 FY27 numbers, the capacity plans, key price levels, a simple valuation check and the risks. It is educational and not a recommendation to buy or sell the share.
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Kross Share Price Today: Live Snapshot
| Item | Detail at 11:28 AM IST, 19 Oct 2026 |
|---|---|
| Kross share price (last traded) | About Rs 306.05, up about 12.5% from Rs 272 |
| Day range | Open Rs 313.60; high Rs 326.40; low Rs 298.00 |
| Upper band | Rs 326.40 is 20% above Rs 272 (my calculation) |
| Volume | About 1.12 crore shares traded so far on NSE |
| 52-week low | Rs 150.52 |
| Rise from the 52-week low | About 103% (my calculation) |
One market report described the stock as locked at the upper circuit at Rs 326.40 with a 12.45% gain, which does not add up, because Rs 326.40 is 20% above Rs 272 while a 12.45% gain is about Rs 306. I used the exchange quote, which shows the high at Rs 326.40 and the last price near Rs 306.
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Kross Q2 FY27 Results: What Drove the Kross Share Price
| Metric | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue from operations | Rs 235.09 crore | Rs 130.92 crore | Up 79.6% |
| EBITDA | Rs 30.60 crore | Rs 14.75 crore | Up 107.4% |
| EBITDA margin | 13.0% | 11.3% | Up about 175 basis points |
| Profit after tax | Rs 19.69 crore | Rs 8.08 crore | Up 143.5% |
| PAT margin | 8.4% | 6.2% | Up about 220 basis points |
| Earnings per share | Rs 3.08 | Rs 1.25 | Up 146.4% |
Profit grew faster than revenue because the EBITDA margin widened while the company absorbed higher input costs. Management said cost control, efficiency gains and backward integration helped offset input cost pressure, and the Kross share price reacted to the jump in earnings rather than to sales alone.
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H1 FY27 and Quarter-on-Quarter Trend Behind the Kross Share Price
| Metric | H1 FY27 | Change from H1 FY26 |
|---|---|---|
| Revenue from operations | Rs 419.43 crore | Up 55.2% |
| EBITDA | Rs 53.32 crore | Up 72.4% |
| EBITDA margin | 12.7% | Up about 127 basis points |
| Profit after tax | Rs 33.16 crore | Up 76.5% |
| Earnings per share | Rs 5.14 | Against Rs 2.91 |
A related headline puts Q1 FY27 revenue at Rs 184.34 crore and profit at Rs 13.31 crore. Against that, Q2 revenue is about 27.5% higher and profit about 47.9% higher quarter on quarter (my calculation), which shows momentum is building inside the year. H1 profit less Q2 profit gives Rs 13.47 crore, a small gap from Rs 13.31 crore that looks like rounding, so treat the Q1 figure as approximate.
Capacity and Demand Drivers for the Kross Share Price
| Area | Update from the Q2 release | Why it matters |
|---|---|---|
| Commercial vehicle demand | Demand stayed high in medium and heavy commercial vehicles and trailers | Core volume driver |
| Tractor and agri equipment | Recovery continued with healthy volume uptake | Adds a second demand leg |
| Precision hydraulic tipping jacks | Scaling up in H2 FY27 | New product revenue |
| Axle beam extrusion plant | In commercial production at about 60 to 65% utilisation | Room to raise utilisation |
| Seamless tube facility | Trials planned for February to March 2027 | Backward integration |
| Foundry casting capacity | Set to double | Supports future volume |
| Cold-drawn tube | Forward integration under way | Captures more value per vehicle |
Chairman and Managing Director Sudhir Rai said capacity investments are beginning to support growth and utilisation should improve in the coming quarters, with healthy order books. The company did not disclose an order book value, so that claim cannot be checked. The Kross share price now has to prove that the expansion earns a return.
Technical Levels for the Kross Share Price
| Level | Price | How I derived it |
|---|---|---|
| Upper band and day high | Rs 326.40 | 20% above the Rs 272 previous close |
| Day low so far | Rs 298.00 | Exchange quote at 11:28 AM IST |
| Gap start | Rs 272.00 | Previous close |
| Distance to the day high | About 6.6% above Rs 306.05 | My calculation |
| Distance down to the previous close | About 11.1% below Rs 306.05 | My calculation |
I could not find the technical analyst’s targets, stop loss or indicator readings, and the pivot levels on one charting page were stale, listing a pivot of Rs 274.02 while the stock traded near Rs 306. One report said the price is above its 5, 20, 50, 100 and 200 day moving averages but gave no values. The levels above are simple reference points, not a recommendation.
A rise that opens with a gap and fades from the upper band shows profit booking at the top. If the Kross share price keeps closing above Rs 298 it suggests buyers are defending the gap, while a close back near Rs 272 would mean the whole jump has been given up.
Valuation Check on the Kross Share Price
| Measure | Value | Note |
|---|---|---|
| Q2 FY27 EPS annualised | Rs 12.32 | Rs 3.08 times 4 (my calculation) |
| Implied price to earnings at Rs 306.05 | About 24.8 times | Run-rate only, not a forecast |
| H1 FY27 EPS annualised | Rs 10.28 | Rs 5.14 times 2 (my calculation) |
| Implied price to earnings on H1 run-rate | About 29.8 times | Run-rate only, not a forecast |
One report put the market capitalisation near Rs 1,947 crore, which makes Kross a micro-cap, and the same report put its tradable size at only about Rs 1.59 crore per trade. Thin liquidity can magnify moves in both directions, so the Kross share price can swing sharply on small volumes.
Risk: The jump rests on one strong quarter and a micro-cap base. Commercial vehicle cycles can turn, input costs can rise and the Kross share price can reverse quickly after a 20% intraday spike.
What to Watch Next for the Kross Share Price
- Commentary from the Q2 FY27 earnings call held on 19 Oct 2026 on volumes and margins
- Axle beam extrusion utilisation against the current 60 to 65%
- Progress on hydraulic tipping jacks and the seamless tube trials in February to March 2027
- Whether the Kross share price holds above the Rs 272 previous close and the Rs 298 day low
- Medium and heavy commercial vehicle and tractor volumes in the next monthly data
Conclusion
The Kross share price reacted to a strong quarter, with revenue up 79.6%, EBITDA up 107.4% and profit up 143.5%, but the 20% headline was the intraday peak and the stock was about 12.5% higher by late morning. Check the sustainability of margins, the capacity ramp-up and liquidity behind the Kross share price before drawing conclusions.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did the Kross share price jump 20%?
Ans. Kross reported Q2 FY27 revenue of Rs 235.09 crore, up 79.6%, EBITDA of Rs 30.60 crore, up 107.4%, and profit after tax of Rs 19.69 crore, up 143.5%, and the stock touched the Rs 326.40 upper band.
Is the Kross share price still up 20%?
Ans. No. The 20% was the intraday high at Rs 326.40. At 11:28 AM IST on 19 Oct 2026 the stock traded near Rs 306, about 12.5% above Rs 272.
What was the Kross EBITDA margin in Q2 FY27?
Ans. It was 13.0%, up from 11.3% a year ago, helped by cost control, efficiency gains and backward integration.
What capacity plans could support the Kross share price?
Ans. Hydraulic tipping jacks are scaling in H2 FY27, the axle beam extrusion plant runs at about 60 to 65% utilisation, seamless tube trials are planned for February to March 2027 and foundry casting capacity is set to double.
How much has the Kross share price risen from its low?
Ans. From the 52-week low of Rs 150.52 to about Rs 306 it is up about 103% by my calculation.
What is the valuation at the current Kross share price?
Ans. On the Q2 EPS of Rs 3.08 annualised, the implied price to earnings is about 24.8 times at Rs 306.05, and about 29.8 times on the H1 run-rate, both my calculation and not forecasts.
What are the main risks for the Kross share price?
Ans. A micro-cap base with thin liquidity, commercial vehicle cycle risk, input cost pressure and the chance that the jump reverses after a sharp intraday spike.
Is this article investment advice?
Ans. No. It is educational and not a recommendation to buy or sell.