Bullish Moving Averages
16
Bearish Moving Averages
0
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Performance
Today’s low
975.70Today’s High
1005.0052W low
342.4052W High
1074.70Open Price
997.00Prev. Close
832.9000Volume
126163.00Value
123784827.45Fundamentals
Market Cap Cr
4283.00
Price to Earnings
17.30
Price to Book Value
2.50
Dividend Yield
1.00
PE to Growth
0.40
Op Revenue TTM Cr
1959.49
Net Profit TTM Cr
247.46
Cash From Operating Activity Cr
301.56
Return on Equity %
14.62
EMA & SMA
DELIVERY AND VOLUME
DAILY AVG. DELIVERY VOLUME %
04 Jul, 2024
43.2
Week
55.3
Month
45.2
LEGEND
Positive Indicator
Neutral Indicator
Negative Indicator
RESISTANCE AND SUPPORT
987.27
PIVOT
First Resistance
998.83
Second Resistance
1016.52
Third Resistance
1028.08
First Support
969.58
Second Support
958.02
Third Support
940.33
Relative Strength Index
69.87
Money Flow Index
86.41
MACD
37.01
MACD Signal
24.14
Average True Range
42.43
Average Directional Index
29.04
Rate of Change (21)
26.3
Rate of Change (125)
83.15
Commodity Channel Index
112.6
Williams %R
-19.6
BETA
1 Month
0.54
3 Month
0.61
1 Year
0.96
3 Year
0.46
PRICE CHANGE ANALYSIS
↑ 6.93%
1 Week
Low
High
902.95
1018
↑ 20.57%
1 Month
Low
High
651
1018
↑ 6.2%
3 Months
Low
High
651
1018
↑ 87.35%
6 Months
Low
High
495.2
1074.7
↑ 173.99%
1 Year
Low
High
342.45
1074.7
| Indicator | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Graph |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Qtr Revenue cr | 515.87 | 492.00 | 489.15 | 509.29 | 474.38 | 462.70 | 513.10 | 505.58 | 458.47 | 419.03 | 473.34 | |
| Operating Expenses Qtr | 412.76 | 384.18 | 386.99 | 404.41 | 357.70 | 389.76 | 449.25 | 457.00 | 352.16 | 346.11 | 375.22 | |
| Operating Profit Qtr | 90.07 | 95.58 | 93.09 | 92.42 | 101.88 | 56.77 | 51.08 | 35.92 | 96.63 | 60.59 | 85.59 | |
| EBIDT Qtr Cr | 103.11 | 107.82 | 102.16 | 104.88 | 116.68 | 72.94 | 63.85 | 48.58 | 106.31 | 72.92 | 98.12 | |
| Depreciation Qtr | 15.26 | 14.77 | 14.91 | 15.82 | 13.32 | 12.40 | 11.56 | 11.63 | 12.02 | 11.52 | 11.44 | |
| Net Profit Qtr | 62.55 | 65.33 | 58.32 | 61.25 | 69.70 | 39.08 | 34.62 | 23.63 | 68.40 | 42.78 | 61.79 | |
| Basic EPS Qtr | 14.33 | 14.97 | 13.36 | 14.03 | 15.96 | 8.96 | 7.93 | 5.41 | 15.67 | 9.80 | 14.16 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total Revenue Annual | 2006.30 | 1955.76 | 1752.39 | 1230.53 | 1222.19 | |
| Operating Expenses Annual Cr | 1588.33 | 1653.70 | 1367.46 | 924.57 | 1003.63 | |
| Operating Profit Annual | 371.16 | 245.65 | 338.56 | 263.42 | 195.30 | |
| Operating Profit Margin Annual % | 18.50 | 12.56 | 19.32 | 21.41 | 15.98 | |
| Total Expenses Annual Cr | 1673.63 | 1730.70 | 1426.55 | 975.49 | 1054.29 | |
| EBIDT Annual Cr | 417.97 | 302.06 | 384.92 | 305.96 | 218.56 | |
| EBIDT Annual margin % | 20.83 | 15.44 | 21.97 | 24.86 | 17.88 | |
| Depreciation | 60.75 | 48.90 | 45.88 | 44.15 | 42.62 | |
| PAT Before ExtraOrdinary Items Annual Cr | 247.46 | 167.03 | 242.91 | 190.30 | 137.12 | |
| Net Profit Annual | 247.46 | 167.03 | 242.91 | 190.30 | 137.12 | |
| Basic EPS Annual | 56.69 | 38.26 | 55.65 | 43.59 | 31.41 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total ShareHolders Funds Annual | 1691.44 | 1489.48 | 1367.46 | 1154.21 | 963.93 | |
| Minority Interest Liability Annual Cr | - | - | - | - | - | |
| Total Non Current Liabilities Annual Cr | 111.63 | 210.15 | 222.19 | 57.02 | 45.32 | |
| Total Current Liabilities Annual Cr | 781.31 | 650.91 | 667.87 | 439.13 | 355.16 | |
| Total Capital Plus Liabilities Annual Cr | 2584.38 | 2350.54 | 2257.52 | 1650.36 | 1364.41 | |
| Fixed Assets Annual | 1260.37 | 617.31 | 512.75 | 393.11 | 423.71 | |
| Total Non Current Assets Annual | 1343.64 | 780.28 | 699.97 | 622.09 | 578.67 | |
| Total Current Assets Annual | 1240.74 | 1570.26 | 1557.54 | 1028.27 | 785.74 | |
| Total Assets Annual | 2584.38 | 2350.54 | 2257.52 | 1650.36 | 1364.41 | |
| Contingent Liabilities plus Commitments Annual Cr | - | 150.17 | 222.93 | 160.30 | 102.73 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Cash from Operating Activity Annual | 301.56 | -125.73 | 361.70 | 55.36 | 256.87 | |
| Cash from Investing Activity Annual | -304.41 | 153.14 | -473.95 | -219.08 | -183.31 | |
| Cash from Financing Annual Activity | 11.65 | -39.05 | 123.07 | 160.35 | -79.72 | |
| Net Cash Flow Annual | - | -11.64 | 10.81 | -3.36 | -6.16 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Book Value Per Share Annual | 386.81 | 340.62 | 312.72 | 263.95 | 220.44 | |
| ROE Annual % | 14.62 | 11.21 | 17.76 | 16.48 | 14.22 | |
| ROCE Annual % | 19.81 | 14.89 | 21.32 | 21.61 | 17.43 | |
| Total Debt to Total Equity Annual | 0.35 | 0.34 | 0.25 | 0.15 | 0.00 | |
| EBDIT Annual Margin % | 21.33 | 15.90 | 22.56 | 25.75 | 18.22 |
| Indicator | Mar 2022 | Dec 2021 | Sep 2021 | Graph |
|---|---|---|---|---|
| Total Qtr Revenue cr | 463.65 | 419.03 | 473.34 | |
| Operating Expenses Qtr | 352.25 | 346.11 | 375.22 | |
| Operating Profit Qtr | 96.54 | 60.59 | 85.59 | |
| EBIDT Qtr Cr | 111.40 | 72.92 | 98.12 | |
| Depreciation Qtr | 12.02 | 11.52 | 11.44 | |
| Net Profit Qtr | 69.64 | 42.78 | 61.79 | |
| Basic EPS Qtr | 15.95 | 9.80 | 14.16 |
| Indicator | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Graph |
|---|---|---|---|---|---|---|
| Total Revenue Annual | 1757.57 | 1230.84 | 1222.20 | 1419.83 | 1361.54 | |
| Operating Expenses Annual Cr | 1367.56 | 924.88 | 1005.03 | 1194.19 | 1140.07 | |
| Operating Profit Annual | 338.47 | 263.16 | 193.90 | 212.39 | 204.09 | |
| Operating Profit Margin Annual % | 19.26 | 21.38 | 15.87 | 14.96 | 14.99 | |
| Total Expenses Annual Cr | 1426.93 | 976.12 | 1057.33 | 1239.91 | 1186.58 | |
| EBIDT Annual Cr | 390.01 | 305.96 | 217.17 | 225.63 | 221.47 | |
| EBIDT Annual margin % | 22.19 | 24.86 | 17.77 | 15.89 | 16.27 | |
| Depreciation | 45.88 | 44.15 | 42.70 | 38.42 | 37.25 | |
| PAT Before ExtraOrdinary Items Annual Cr | 247.72 | 189.98 | 134.08 | 131.38 | 115.25 | |
| Net Profit Annual | 244.15 | 190.28 | 136.61 | 131.72 | 115.61 | |
| Basic EPS Annual | 55.93 | 43.59 | 31.29 | 30.17 | 26.48 |
| Indicator | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Graph |
|---|---|---|---|---|---|---|
| Total ShareHolders Funds Annual | 1367.46 | 1153.32 | 963.06 | 890.20 | 784.69 | |
| Minority Interest Liability Annual Cr | 0.00 | -3.91 | -3.61 | -5.51 | -5.17 | |
| Total Non Current Liabilities Annual Cr | 222.19 | 61.91 | 49.90 | 58.58 | 77.44 | |
| Total Current Liabilities Annual Cr | 667.87 | 439.13 | 355.16 | 435.64 | 422.92 | |
| Total Capital Plus Liabilities Annual Cr | 2257.52 | 1650.46 | 1364.51 | 1378.91 | 1279.88 | |
| Fixed Assets Annual | 512.75 | 393.11 | 423.71 | 429.98 | 444.50 | |
| Total Non Current Assets Annual | 699.97 | 622.09 | 578.67 | 602.78 | 618.34 | |
| Total Current Assets Annual | 1557.54 | 1028.37 | 785.84 | 776.13 | 661.54 | |
| Total Assets Annual | 2257.52 | 1650.46 | 1364.51 | 1378.91 | 1279.88 | |
| Contingent Liabilities plus Commitments Annual Cr | 0.00 | 160.30 | 102.73 | 125.10 | 39.88 |
| Indicator | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Graph |
|---|---|---|---|---|---|---|
| Cash from Operating Activity Annual | 361.94 | 55.39 | 256.87 | 285.79 | 191.97 | |
| Cash from Investing Activity Annual | -473.92 | -219.11 | -183.40 | -99.49 | -77.38 | |
| Cash from Financing Annual Activity | 122.79 | 160.35 | -79.72 | -181.39 | -105.09 | |
| Net Cash Flow Annual | 10.81 | -3.37 | -6.25 | 4.91 | 9.51 |
| Indicator | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Graph |
|---|---|---|---|---|---|---|
| Book Value Per Share Annual | 312.72 | 262.85 | 219.41 | 202.32 | 178.27 | |
| ROE Annual % | 17.85 | 16.49 | 14.18 | 14.79 | 14.73 | |
| ROCE Annual % | 21.64 | 21.61 | 17.28 | 19.84 | 21.49 | |
| Total Debt to Total Equity Annual | 0.25 | 0.15 | 0.00 | 0.01 | 0.17 | |
| EBDIT Annual Margin % | 22.86 | 25.75 | 18.11 | 16.04 | 16.47 |
| Name | Holding Percent | Holding Id | Pledged % | Locked % |
|---|---|---|---|---|
| Sundaram Trading & Investment Private Limited | 17.79 | 74542073 | 0 | 0 |
| Name | Holding Percent | Holding Id | Pledged % | Locked % |
|---|---|---|---|---|
| BF Investment Limited | 39.06 | 74542072 | 0 | 0 |
| Sundaram Trading & Investment Private Limited | 17.79 | 74542073 | 0 | 0 |
| Ajinkya Investment & Trading Company | 7.47 | 74542074 | 0 | 0 |
| Name | Holding Percent | Holding Id |
|---|---|---|
| Dsp Small Cap Fund | 7.06 | 74542084 |
| Quant Mutual Fund A/C Quant Infrastructure Fund | 4.73 | 74542085 |
| Name | Holding Percent | Holding Id |
|---|---|---|
| HUF | 0.86 | 74542092 |
| Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
| Aug 11, 2023 | 10 | FINAL | - | Equity Share |
| Jul 22, 2022 | 10 | FINAL | - | Equity Share |
| Aug 26, 2021 | 7.5 | FINAL | - | Equity Share |
| Mar 12, 2020 | 5 | INTERIM | Mar 13, 2020 | Equity Share |
| Aug 16, 2019 | 5 | FINAL | - | Equity Share |
| Aug 10, 2018 | 5 | FINAL | - | Equity Share |
| Jul 24, 2017 | 5 | FINAL | - | Equity Share |
| Aug 27, 2014 | 3 | FINAL | - | Equity Share |
| Jul 18, 2013 | 1.5 | FINAL | - | Equity Share |
| Jul 19, 2012 | 1 | FINAL | - | Equity Share |
| Aug 04, 2011 | 2 | FINAL | - | Equity Share |
| Aug 12, 2010 | 1.25 | FINAL | - | Equity Share |
| Aug 13, 2008 | 4 | FINAL | - | Equity Share |
| Aug 02, 2007 | 4 | FINAL | - | Equity Share |
| Aug 17, 2006 | 3 | FINAL | - | Equity Share |
| Aug 10, 2005 | 1.5 | FINAL | - | Equity Share |
| Aug 05, 2004 | 0.5 | INTERIM | - | Equity Share |
| Ex-Date | Split Ratio | Record Date |
|---|
| Ex-Date | Purpose | Notes |
|---|---|---|
| May 10, 2024 | Audited Results & Dividend | - |
| Feb 05, 2024 | Quarterly Results | - |
| Oct 30, 2023 | Quarterly Results | - |
| Jul 24, 2023 | Quarterly Results | - |
| Apr 28, 2023 | Audited Results & Dividend | - |
| Jan 27, 2023 | Quarterly Results | - |
| Oct 21, 2022 | Quarterly Results | - |
| Aug 08, 2022 | Quarterly Results | - |
| May 12, 2022 | Audited Results & Dividend | - |
| Jan 27, 2022 | Quarterly Results | - |
| Nov 01, 2021 | Quarterly Results | - |
| Aug 02, 2021 | Quarterly Results | - |
| May 18, 2021 | Audited Results & Dividend | - |
| Jan 29, 2021 | Quarterly Results | - |
| Nov 09, 2020 | Quarterly Results | - |
| Aug 10, 2020 | Quarterly Results | - |
| Jun 26, 2020 | Audited Results | - |
| Feb 27, 2020 | Interim Dividend | - |
| Jan 29, 2020 | Quarterly Results | - |
| Oct 24, 2019 | Quarterly Results | - |
| Aug 07, 2019 | Quarterly Results | - |
| May 18, 2019 | Audited Results & Dividend | - |
| Feb 08, 2019 | Quarterly Results | - |
| Oct 22, 2018 | Quarterly Results | - |
| Jul 24, 2018 | Quarterly Results | - |
| May 18, 2018 | Audited Results & Dividend | - |
| Feb 05, 2018 | Quarterly Results | - |
| Nov 09, 2017 | Quarterly Results | - |
| Aug 11, 2017 | Quarterly Results | - |
| May 25, 2017 | Audited Results & Dividend | - |
| Feb 09, 2017 | Quarterly Results | - |
| Oct 21, 2016 | Quarterly Results | - |
| Jul 25, 2016 | Quarterly Results | - |
| May 24, 2016 | Audited Results | - |
| Feb 13, 2016 | Quarterly Results | - |
| Oct 30, 2015 | Quarterly Results | - |
| Jul 22, 2015 | Quarterly Results | - |
| May 21, 2015 | Audited Results | - |
| Mar 30, 2015 | Appointment of Director | - |
| Feb 03, 2015 | Quarterly Results | - |
| Oct 20, 2014 | Quarterly Results | - |
| Jul 23, 2014 | Quarterly Results | - |
| May 29, 2014 | Audited Results & Dividend | - |
| Feb 08, 2014 | Quarterly Results | - |
| Oct 30, 2013 | Quarterly Results | - |
| Jul 24, 2013 | Quarterly Results | - |
| May 24, 2013 | Audited Results & Dividend | - |
| Feb 02, 2013 | Quarterly Results | - |
| Oct 30, 2012 | Quarterly Results | - |
| Aug 08, 2012 | Quarterly Results | - |
| May 26, 2012 | Audited Results & Dividend | - |
| Jan 21, 2012 | Quarterly Results | - |
| Oct 25, 2011 | Quarterly Results | (Revised) |
| Jul 29, 2011 | Quarterly Results | - |
| May 25, 2011 | Audited Results & Dividend | - |
| Jan 17, 2011 | Quarterly Results | - |
| Oct 25, 2010 | Quarterly Results | - |
| Jul 27, 2010 | Quarterly Results | - |
| May 24, 2010 | Audited Results & Dividend | - |
| Jan 27, 2010 | Quarterly Results | - |
| Nov 03, 2009 | Scheme of Arrangement | For demerger of the Investment Division of KSL. into Kalyani Investment Company Ltd. & Amalgamation of Chakrapani Investments & Trades Ltd. and Surajmukhi Investment & Finance Ltd and GIL. |
| Oct 31, 2009 | Quarterly Results & Others | For demerger of the Investment Division of KSL into Kalyani Investment Co. Ltd & Amalgamation of Chakrapani Investments & Trades Ltd and Surajmukhi Investment & Finance Ltd & Gladiolla Investment Ltd. |
| Jul 28, 2009 | Quarterly Results & Others | inter alia, to approve the issue of Secured Redeemable Non-Convertible Debentures, aggregating to Rs 450 Million, on Private Placement basis, which debentures will be listed on NSE / BSE. |
| Jul 03, 2009 | Others | To issue & allot Unsecured Redeemable Non-Convertible Debentures, aggr. to Rs 500 Million on Private Placement basis to J.M. Financial Mutual Fund, to meet the short term working capital requirements. |
| Jun 01, 2009 | Audited Results & Dividend | - |
| Jan 31, 2009 | Quarterly Results & Others | To advise the Board about the possibility of restructuring / demerging investment division of the Company. |
| Jan 14, 2009 | Others | To issue of Secured Redeemable Non-Convertible Debentures, aggregating to Rs 550 Million, on Private Placement basis to Life Insurance Corporation of India. |
| Oct 24, 2008 | Quarterly Results | - |
| Jul 23, 2008 | Quarterly Results | - |
| Jun 06, 2008 | Audited Results & Dividend | - |
| Jan 30, 2008 | Quarterly Results | - |
| Oct 19, 2007 | Quarterly Results | - |
| Jul 20, 2007 | Quarterly Results | - |
| May 28, 2007 | Audited Results & Dividend | - |
| Jan 19, 2007 | Quarterly Results | - |
| Oct 16, 2006 | Quarterly Results | - |
| Jul 25, 2006 | Quarterly Results | - |
| Jun 26, 2006 | Accounts & Dividend | - |
| Jan 23, 2006 | Quarterly Results | - |
| Oct 30, 2005 | Quarterly Results | - |
| Jul 26, 2005 | Quarterly Results | - |
| Jun 20, 2005 | Dividend & Accounts | - |
| Jan 28, 2005 | Quarterly Results | Granted in principle approval, for enlarging its manufacturing facilities, subject to necessary approval. |
| Oct 24, 2004 | Quarterly Results | - |
| Jul 23, 2004 | Quarterly Results & Interim Dividend | - |
| Jun 26, 2004 | Accounts | (Revised) |
| Jan 31, 2004 | Quarterly Results | - |
| Oct 22, 2003 | Quarterly Results | - |
| Jul 30, 2003 | Quarterly Results | - |
| May 31, 2003 | Accounts | - |
| Jan 31, 2003 | Quarterly Results | - |
| Oct 29, 2002 | Quarterly Results | - |
| Jul 29, 2002 | Quarterly Results | - |
| May 28, 2002 | Accounts | - |
| Jan 23, 2002 | Quarterly Results | - |
| Oct 24, 2001 | Quarterly Results | - |
| May 28, 2001 | Accounts | - |
| Jan 23, 2001 | Quarterly Results | - |
| Oct 17, 2000 | Quarterly Results | - |
| Jul 25, 2000 | Quarterly Results | - |
| May 24, 2000 | Accounts | - |
| Jul 27, 1999 | Quarterly Results | - |
| May 25, 1999 | Accounts | - |
| Oct 27, 1998 | Quarterly Results | - |
| Jun 19, 1998 | Accounts | - |
| Nov 23, 1997 | Halfyearly Results | - |
| May 26, 1997 | Accounts | - |
| Ex-Date | Bonus Ratio | Record Date |
|---|
03 Jul 2024
KALYANI STEELS LTD. - 500235 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Details of Loss of Certificate / Duplicate Certificate
02 Jul 2024
Pune crash: Teen's father, grandfather get bail in driver's kidnapping case
A Pune court on Tuesday granted bail to the father and the grandfather of the juvenile involved in the Porsche car crash, in a case pertaining to alleged kidnapping and wrongful confinement of their family driver after the fatal accident in May. A Judicial Magistrate (First Class) granted bail to the 17-year-old boy's father Vishal Agarwal, a prominent builder, and his grandfather, who were arrested in May-end. According to police, the teen's father and the grandfather allegedly kidnapped their family driver after he left a police station on May 19 at 11 pm, hours after the crash, wrongfully confined him at their bungalow and tried to force him to admit that he, and not the juvenile, was behind the wheels when the accident took place. A Porsche car driven by the 17-year-old boy allegedly in a drunken state fatally knocked down two motorbike-borne software engineers in Pune's Kalyani Nagar area in the early hours of May 19. Advocate Prashant Patil, a defence lawyer, informed that ..
28 Jun 2024
KALYANI STEELS LTD. - 500235 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Details of Loss of Certificate / Duplicate Certificate
25 Jun 2024
Copying China's EV model wrong, cautions Bharat Forge's Amit Kalyani
One of India's leading manufacturing multinationals, Bharat Forge, on Tuesday called for a more innovative approach to electric vehicles (EVs) in the country's climate action agenda which is not based on copying China's battery-based model. Addressing India Global Forum's Climate and Business (ClimB) session in London, company vice-chair and joint managing director Amit Kalyani pointed to great potential to incorporate inductive electric charging as the highway infrastructure takes shape around the country. He highlighted that the higher price tag of EVs is largely down to the cost of the batteries and having an alternative model will have a significant impact on sales of the more environmentally-friendly mode of transport. "I believe that we are all following the wrong model because everybody is copying what China did and is using the Chinese template for electric vehicles, which is a battery-based electric model, said Kalyani. "Most countries like India, where we are building...
21 Jun 2024
Porsche crash: Father of accused minor, 5 others get bail in juvenile case
On May 19, two IT professionals were killed in Kalyani Nagar here after their motorcycle was hit by a speeding Porsche car allegedly driven by the juvenile in an inebriated condition
21 Jun 2024
KALYANI STEELS LTD. - 500235 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Details of Loss of Certificate / Duplicate Certificate
19 Jun 2024
Pune Porsche crash: Police submits final report to Juvenile Justice Board
Police have submitted the final report to the Juvenile Justice Board (JJB) here detailing all evidence against a 17-year-old boy allegedly involved in car crash in Pune's Kalyani Nagar last month, an officer said on Tuesday. The teen driver, involved in the Porsche car accident in the early hours of May 19 in which two software professionals, including a woman, were killed, is currently lodged at an observation home in the city. The police had filed a plea to allow them to treat the juvenile as an adult for the purpose of trial in the case. To support their case, the police have now submitted relevant evidence to the JJB, said the officer. "We have submitted all evidence to the JJB proving that he was behind the wheel of the Porsche car, starting from his house on the evening of May 19 until the accident occurred," he said. "The report includes corroborative statements from eyewitnesses who saw him driving the car, CCTV footage recovered during the investigation, and evidence of ..
15 Jun 2024
Porsche case: Panel probing JJB members over minor's bail finds lapses
A committee formed to probe the conduct of two JJB members in connection with the bail given to the minor accused in the Pune Porsche crash case has found "procedural lapses", "misconduct" and "non compliance of norms", a senior official said on Saturday. On May 19, two IT professionals were killed in Kalyani Nagar here after their motorcycle was hit by a speeding Porsche car allegedly driven by a minor in an inebriated condition. The case caused a national uproar after the Juvenile Justice Board gave bail to the accused on very lenient terms, including writing a 300-word essay on road safety. "The five-member committee submitted its report on Friday to the Women and Child Development department commissioner. The WCD department, after receipt of the report, has issued notices to two JJB members who were appointed by the department," the official told PTI on the condition of anonymity. "The report has found glaring lapses and mistakes while issuing the bail order by a single member
12 Jun 2024
Pune car crash: Cops prepare crash impact report with forensic expert help
The car allegedly driven by a juvenile crashed into a bike on May 19, killing two IT professionals Anish Awadhiya and Ashwini Koshta in the Kalyani Nagar area of Pune city
