Kordsa Teknik stock fell 2 percent on October 7

Published on 10/08/2026 at 07:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kordsa Teknik stock was last at TRY 2.94 on October 7, 2026, while first-half revenue reached TRY 18.60 billion. The capital plan targets TRY 7.39 billion.

Kordsa Teknik, TRAKORDS91B2, Illustration mit AI erstellt.

Kordsa Teknik stock was last at TRY 2.94 on Borsa Istanbul on October 7, 2026, down 2 percent from the prior close of TRY 3.00. The move gives investors a current market marker while the company advances a large capital measure and reports first-half operating figures.

Stock stays below yearly high

The share traded between TRY 2.50 and TRY 5.21 over the 52 weeks to October 7, 2026. Its market capitalization stood at TRY 10.9 billion and trading volume reached 12,427,853 shares on that date.

The current price is 43.6 percent below the 52-week high of TRY 5.21 and 17.6 percent above the low of TRY 2.50. That spread leaves the stock closer to its annual low than its annual high, a useful technical distinction when assessing the effect of a new equity supply.

Capital plan doubles issued capital

According to IT Boltwise on October 5, 2026, Kordsa had applied on October 4 for approval of a prospectus covering a TRY 3.70 billion cash capital increase. The plan would lift issued capital from TRY 3.70 billion to TRY 7.39 billion, equivalent to a 100 percent increase.

The same report said the proposed transaction involves 3,695,860,271.57 new shares with a nominal value of TRY 1.00 each. For investors, the key issue is the connection between the additional equity and future operating returns, because the increase changes the capital base before any benefit from the new funds can be measured.

Half year brings measurable earnings

IT Boltwise reported that Kordsa generated TRY 18.60 billion in revenue and TRY 592.50 million in net income during the first half of 2026. Second-quarter net income was TRY 559.52 million, compared with TRY 33.03 million in the first quarter, a difference of TRY 526.49 million.

Kordsa describes its business as a global reinforcement company serving tire reinforcement and composite technologies. Its website says the group operates in six countries and has 1,042 patent applications, linking the capital decision to a business that combines industrial materials with aerospace and automotive composite products.

Market value and company profile

Kordsa operates tire reinforcement and composite technology businesses, including products for automotive, aerospace and industrial applications. The combination of a TRY 10.9 billion market capitalization, a 100 percent planned capital increase and TRY 18.60 billion of first-half revenue defines the financial frame investors are weighing.

Kordsa Teknik stock was last at TRY 2.94 on Borsa Istanbul on October 7, 2026 at 6:08 p.m. TRT. The current quote, the capital plan and the first-half figures point to capital structure as the central issue for the next stage of the company story.